Deal Alert: 500 Startups invests in tech firm ZipDial, closes tenth deal in India
Economic Times US-based 500 Startups, a seed fund that began investing in India just over a year ago, has closed its tenth deal in the country, backing Bangalore-based technology startup…
Deal Alert: Telephony apps tools firm Plivo raises $1.75 M from Andreessen Horowitz, others
Yourstory.in Voice and messaging applications platform provider Plivo has closed a $1.75M seed round from investment firms Andreessen Horowitz, Battery Ventures, Qualcomm Inc and SV Angel. Funding will be used…
Deal Alert: Matrix invests Rs.30-Cr in cosmetics co Enhance Aesthetic
Economic Times PE firm Matrix Partners has invested a little over Rs.30 crore in Kolkata-based Enhance Aesthetic and Cosmetic Studio for a 30% stake. The privately-held, one-year-old venture, founded by…
Deal Alert: Helion, Footprint invest $6-M in food chain Mast Kalandar
Economic Times Leading a third round of investment, risk capital firm Helion Venture Partners has invested $ 5 million in quick service restaurant chain Mast Kalandar, run by Bangalore-based Spring…
Deal Alert: Edelman acquires Cream Events
Business Standard Edelman India has acquired Cream Events, an experiential events company in the luxury and lifestyle sector. Cream Events will continue to trade and operate as an independent brand…
Deal Alert: BSE to allow firms to SME platform only after site visit
Business Line The Bombay Stock Exchange (BSE) has issued new conditions for listing of companies on its SME platform through IPO. These include a visit to the company’s site undertaken…
Deal Alert: Swipe Telecom to raise $20-M
Business Standard Pune headquartered Swipe Telecom India Pvt Ltd is in talks with two Indian firms and one US-based firm for raising $20 million (Rs.110 crore approx) through private equity…
Deal Alert: Impact Circle invests in K-12 firm Sudiksha
Economic Times Impact Circle, a new social ventures focused angel investor network, has made its first investment in Sudiksha Knowledge Solutions Pvt. Ltd., a Hyderabad-based education services provider. Sudiksha is…
Deal Alert: Sequoia invests $3-M in mobile app firm Dexetra: report
NextBigWhat Bangalore-based Dexetra, the company behind Iris (SIRI of Android) has raised $3 million from Sequoia Capital. Dexetra had earlier raised funding from One97 Mobility Fund, which is now reported…
Deal Alert: Flipkart to be probed along with Bharti-Walmart for FDI violations
Economic Times The Enforcement Directorate will look into the alleged violation of FDI regulations by e-commerce company Flipkart Online Services and cash & carry retail chain Bharti Walmart. The RBI…