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…
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.…