Deal Alert: Saab, QuEST establishes aero-structure assembly JV
Economic Times Bangalore-based engineering services firm QuEST Global has set up a 74:26 joint venture with Swedish defence and security company Saab to set up an aero-structure assembly venture. The…
Deal Alert: Y Combinator VC program sizes down funding to $80k
StartupCentral Mountain View, California-based Y Combinator, one of the world’s most successful start-up accelerators, has announced that as part of its ongoing venture capital program, it will now invest $80,000…
Deal Alert: Times Internet acquires online men mag MensXP.com
Times of India Times Internet has acquired MensXP.com, a lifestyle portal for men with channels including fashion, technology, health and entertainment. It was founded three years ago by entrepreneur Angad…
Deal Alert: The Hatch incubates online merchandise firm Poster Gully
The Hatch for Startups is incubating Poster Gully, an online store for posters, art prints, key-chains, stickers, badges, sweatshirts and other merchandise of popular bands, brands, schools & colleges. Aseem…
Deal Alert: Med devices firm OneBreath to raise $3-M from Omidyar, others
NextBigWHat Bangalore based OneBreath, a medical devices company, founded by A Vijay Simha, is to raise $3 million from a consortium of investors led by eBay founder Pierre Omidyar’s philanthropic…
Deal Alert: AdNear raises Rs.35-Cr from Canaan, Sequoia
Economic Times Bangalore-based AdNear, which offers a location-based mobile advertising platform, has raised Rs.35 crore in a first round of funding from VC firms Canaan Partners and Sequoia Capital India.…
Deal Alert: Tata Elxsi launches incubator for technology startups
Press Release Publicly listed Tata Elxsi has launched Incub@TE, an incubation center program to support entrepreneurs. The initiative is designed to create the next wave of product and service oriented…
Deal Alert: MakeMyTrip acquires majority stake Thailand’s ITC Group for $3.2 M
Press Release Nasdaq-listed MakeMyTrip Ltd. has acquired a majority equity interest in Thailand-based ITC Group for $3.2 million. The ITC Group comprises of International Tour Center Co. Ltd., ITC Bangkok…
Deal Alert: Patni brothers acquire stake in Grameen Capital; IFMR Trust exits
Economic Times Amit and Arihant Patni, the sons of Patni Computer co-founder Gajendra Patni, have bought a 43.17% stake in Grameen Capital India (GCI) from former investor IFMR Trust. The…
What does India’s first Super Angel Rajan Anandan look for?
YourStory has an interesting interview with him on the sidelines of ISB Digital Summit where he keynoted. Extracts (emphasis mine) First, I look for interesting ideas in technology that can…