Deal Alert: Daily Bread founder to raise VC funding for watch venture
Arjun Sekri, founder of boutique bakery Daily Bread Gourmet Food, has floated Chrono Watch Company, a watch distribution, retailing and e-tailing company headquartered in Bangalore. He will bootstrap the venture…
Deal Alert: English learning firm MultiStory raises $45,000 angel round
Chennai based MultiStory Learning Private Limited has raised $45,000 from undisclosed angel investors. The one-year-old company runs a curriculum product in the English learning space for Schools called “Book Lovers’…
Deal Alert: Core Diagnostics raises Rs.27-Cr from Artiman, acquires US co
US-based VC firm Artiman Ventures has invested Rs.27 crore in Core Diagnostics, a Gurgaon-based startup that offers high-end diagnostic tests, in October 2012. Artiman, which manages a global corpus of…
Deal Alert: Online broker Investpresto raises capital from Singapore-based Crystal Horse
Financial investment analysis and research portal Investopresto has raised a new round of investment led by Singapore’s leading angel investment company, Crystal Horse Investments. The startup had earlier raised $300,000…
Deal Alert: Cisco India Country Head Naresh Wadhwa to launch venture
Naresh Wadhwa has quit as president and country manager of Cisco India to start his own venture. Wadhwa has joined hands with a privately-held infrastructure and real estate company to…
Deal Alert: SVB provides venture loan to online photo service ZoomIn
SVB India Finance, a subsidiary of Silicon Valley Bank which provides debt funding for startups that have raised earlier rounds of venture capital, has provided a venture loan of Rs.8…
Deal Alert: Analytics firm Ideas Software and Consulting acquired by US-based Saxon Global
Saxon Global Inc., an Irving (Texas) based Data and Analytics consulting company, has acquired Bangalore-based Ideas Software and Consulting Pvt. Ltd. (ISAC Global), a boutique big data and web intelligence…
Deal Alert: Multiples to invest in Rs.100-Cr in mobile ad firm Mogae Media: report
Multiples Private Equity is to purchase a significant stake for Rs.100 crore in Mogae Media, a Mumbai-based mobile advertiser owned by former Dentsu India chairman Sandeep Goyal and his wife…
PE investments down 14.7% to $8.9 B in 2012
Private Equity firms invested $8,853 million over 406 deals in India during the 12 months ending December 2012, compared to the $10,378 million across 483 deals during the previous year,…
Should Angels Bet on Follow-on Funding from VCs?
From the post by Alok Mittal – who incidentally wears both hats – at VentureWoods: The venture capital industry in India is relatively small. And besides sporadic instances of “spray…