Deal Alert: Mumbai Angels invests in hotel mgmt software firm MaxiMojo
Yourstory.in, Economic Times Angel network Mumbai Angels is to invest in Pune-based startup MaxiMojo, which provides cloud-based distribution and revenue management solutions for hotels. As part of the deal, Jai…
Deal Alert: Sequoia, IDG Ventures invest Rs.50-Cr in banking analytics software firm iCreate
Economic Times Sequoia Capital is leading a Rs.50 crore investment in Bangalore-based banking data analytics software and services startup iCreate Software. iCreate plans to use the funds to expand its…
Deal Alert: SVB provides venture debt to Saankhya Labs
SVB India Finance has provided a venture term loan to Bangalore-based fabless semiconductor company Saankhya Labs Private Limited. Saankhya is focused on product design and development for the consumer electronics…
Deal Alert: Silicon Valley VC firm Ecosystem Ventures invests in Simplibuy
Press Release Simplibuy, a Pune based startup, has raised funding from Silicon Valley-based Ecosystem Ventures. The company’s flagship product, WiC (“Where is Cheapest Price?”) uses User Generated Content and Vendor…
Deal Alert: Norwest invests $6-M in healthcare software firm Attune
Business Standard Attune Technologies, a Chennai headquartered, SaaS-based healthcare software company, has raised $6 million from Norwest Venture Partners. The funds will enable the company to accelerate the growth of…
Deal Alert: Sutherland Global Services to acquire Apollo Health Street
Rochester, US-headquartered BPO firm Sutherland Global Services is to acquire Chennai-based healthcare BPO firm Apollo Health Street Ltd. (AHS), an associate company of listed entity Apollo Hospitals Enterprises Ltd. The…
Deal Alert: KPO Evalueserve on the block
Economic Times The promoters of KPO Evalueserve are preparing to sell their majority stake 12 years after founding it. Swiss family office IHAG Holdings, which has a minority stake in…
Deal Alert: Madrat Games raises funding from Blume Ventures, others
MediaNama Blume Ventures, along with First Light Ventures, has invested $500,000 in MadRat Games. Adit Parekh from Blume will join the MadRat board. Bangalore-based MadRat Games makes offline and online/mobile…
New Fund Alert: US-India tech fund Naya Ventures announces first close on $50-M fund
Naya Ventures, a venture capital fund specializing in early stage companies in the mobile and cloud markets, has announced the first closing for its $50 million fund. Headquartered in Dallas,…
Extreme Startup Hiring
I was recently a guest at the Insead “India Business Dialogue” event at Bangalore. The event aimed to provide Insead grads – who are naturally mostly employed at large corporations…