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…
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…