Deal Alert: InOpen Tech eyes Rs.20-Cr funding
Business Standard InOpen Tech, an IIT-Bombay based educational startup, is looking to raise Rs.20 crore. The company provides computer science content to 300,000 students across 130 schools in India. Its…
Grant Thornton survey on Global PE singles out India for negativity
A new Grant Thornton report titled “Global Private Equity Report 2012” says “India is the most challenging market globally for this sector”. Extracts from the Grant Thornton press release on…
Deal Alert: Online bus tickets firm Ticketgoose looking to raise Rs.25-Cr
Business Standard Online bus booking portal Ticketgoose. com is expecting to close a Rs.25 crore second round of funding by mid 2013. It closed the first round of about Rs.4…
Deal Alert: Desktop virtuualization software firm Anunta to witness MBO from Firstsource
Economic Times Ananda Mukerji, the former CEO of Firstsource Solutions, along with other executives will buy out the listed BPO firm’s stake in Anunta, a Mumbai-based technology start-up Firstsource incubated…
Deal Alert: MVAS firm MobME to go public on NSE SME exchange
India Infoline MobME Wireless, a Thiruvananthapuram-based mobile Internet company, is to launch an IPO on the NSE SME exchange. The company has appointed IDBI Capital Market Services as the Merchant…
Deal Alert: ChargeBee raises $350-K from private angel investors in US
Yourstory.in Chennai-based ChargeBee, a subscription billing solution for online businesses (SaaS and Retail), has secured $350,000 funding from a group of US-based private angel investors. These include senior executives working…
Deal Alert: Fashion e-tailer MiraiStore raises capital from Uniworld Logistics CMD
Yourstory.in Online Fashion retailer MiraiStore.com has raised angel investment from Prem Kumar M, the Chairman and Managing Director of Uniworld Logistics. The investment will help MiraiStore.com in scaling up its…
Deal Alert: Sharedcab raises funding from Blume Ventures, Kae Capital, Angels
Yourstory.in Sharedcab, a technology venture in cab services industry, has raised angel investment under Rs.5 Crores from Anupam Mittal, Sasha Mirchandani (Kae Capital), Blume Ventures and others. The funds will…
Deal Alert: Online gift finding service Giveter to raise VC funding
Economic Times Gurgaon-based Giveter, an online gift finding service, is looking to raise VC funding. The company was launched by Avinash Saxena and Mayank Bhangadia, both IIT-Delhi alumni, in July…
Deal Alert: TASL acquires majority stake in defense startup AIS
Bar and Bench Hyderabad-based Tata Advanced Systems Ltd. (TASL) has acquired a majority stake in Bangalore-based Aurora Integrated Systems (AIS), which is developing indigenous technology, manufacturing and integrating state-of-the-art airborne…