Gloom Amidst the Boom: Why Solar Panel Cos are Wilting
From a Business Today article: Though more and more solar energy is being produced in India – installed capacity rising exponentially from just 20 megawatts (MW) in 2009 to 980…
Deal Alert: Avendus Capital advises BookMyShow on Accel Partner’s USD 18 Mn investment
Bigtree Entertainment Pvt. Ltd., the holding company of India’s leading entertainment ticketing website BookMyShow.com, announced an investment by Accel Partners, one of the leading global investors in Internet businesses. As…
Deal Alert: AbsolutData Raises $20M from Fidelity Growth Partners India
From the Press Release: Fidelity Growth Partners India commits to a $20 million investment in AbsolutData, a leading provider of data analytics services to global organizations. With this round of…
Deal Alert: Avendus Capital advises MAS Financial Services Ltd on raising growth capital from DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH
From the Press Release: MAS Financial, a leading retail non-banking financial company (NBFC) in Gujarat, has raised growth capital from DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH. With over two…
Deal Alert: Accel Partners invests 2.7 crores in Mind Edutainment
From the Press Release: Accel Partners, a leading global venture capital firm and a group of angels led by Meena Ganesh (CEO & MD Pearson Education Services India) has announced…
Geothermal Cooling Startup GIBSS
Business Today has a profile of Mumbai-based start-up Green India Building Systems and Services (GIBSS) which uses geothermal technology to slash the power requirements of air conditioners. In a conventional…
ReGen rides the wind
Business Today has an article on the Wind Energy sector with a special focus on the rise of ReGen Powertech (which is backed by PE investor Everstone and the Nuziveedu…
Deal Alert:UrbanLadder raises funding from IndoUsVenture Partners
From the Press Release: Recently launched UrbanLadder.com, led by Ashish Goel, (ex –McKinsey, ex-COO of ACK Media); and Rajiv Srivatsa (ex-Yahoo) announced today that the company has raised $1 Million…
Small retailers enjoying VC-funded e-tail discounting
Businessworld has an amusing article on how small retailers are having a great time enjoying the (VC-funded) discounts offered by e-tailers. Heavy discounts, offers on first-time registration, and cash-back vouchers…
Jain Irrigation’s stumble and recovery
Bhavarlal H. Jain, Founder-Chairman of publicly listed Jain Irrigation provide an interesting first person account in Business Today. Between 1992 and 1994 we acquired an IT company, took a granite…