Deal Alert: Kalaari Capital invests in B2B group buying Power2sme
Yourstory.in Kalaari Capital (formerly IndoUS Venture Partners) has invested in Gurgaon-based Power2sme, a buying club for SMEs. The fund has joined hands with the company’s existing investor, Inventus Capital Partners,…
Deal Alert: Kellton Tech to acquire OPD firm Skan Dbydx Software
Press Release Hyderabad-based publicly listed software development company Kellton Tech Solutions Ltd. is to acquire New Delhi-based outsourced product development focused IT Services firm Skan Dbydx Software Pvt. Ltd. The…
Deal Alert: BITS Pilani-Hyderabad to set up technology incubator
Business Line Birla Institute of Technology and Science-Pilani, Hyderabad, is setting up a technology incubator in its campus to encourage entrepreneurship. The Institution will provide 10,000 sq ft of built-up…
Deal Alert: Glocal Healthcare scouting for equity funding
Business Line Kolkata-headquartered and private equity-backed rural hospital company Glocal Healthcare Pvt Ltd, is planning to raise equity for its Rs 400-crore project for 50 new units across six States.…
Deal Alert: Norwest exits Persistent Systems; sells remaining shares worth Rs.36-Cr for 4.20x return
Press Release Norwest Venture Partners has sold its remaining 719,581 shares of publicly listed IT services firm, Persistent Systems Ltd. on BSE worth Rs.36 Crores at Rs.500.72 per share on…
Deal Alert: Sportsnest acquires PlaygroundOnline; secures funding from Blume Ventures
nextbigwhat.com Online sports product retailer, PlaygroundOnline and B2B company, Sportsnest have merged and the combined entity has raised funding from Blume Ventures. Post merger, PlaygroundOnline will be the consumer face…
Deal Alert: Dentsu in talks to buy out digital agency Webchutney
Economic Times Japanese advertising agency Dentsu is in advanced talks to buy out digital advertising agency and consulting firm Webchutney. Network18, which holds 70.06% stake in the Sidharth Rao-promoted Webchutney…
Deal Alert: Local deals search firm Squeakee raises funding from Kae Capital, Mumbai Angels
Economic Times Mumbai-based Squeakee, a yet-to-be-launched search engine for offers, has raised funding from Kae Capital and Mumbai Angels. The hyper-local search engine, which digs out online and offline discounts…
Deal Alert: Unilazer invests in MeraCareerGuide.com
Catalog Educational Services Pvt. Ltd., the Noida-based company that operates the online career guidance service MeraCareerGuide.com, has raised capital from Unilazer Ventures, the family office of UTV founder Ronnie Screwvala.…
Deal Alert: SAIF buys Persistent Systems shares worth Rs.55-Cr as Norwest sells addl shares worth Rs.90-Cr
NSE Norwest Venture Partners has sold an additional 1,845,000 shares of publicly listed outsourced product development firm Persistent Systems Ltd. on NSE worth Rs.90.41 crores at Rs.490 per share on…