Deal Alert: Peer to peer lender Faircent.com raises funding from MFI execs
Gurgaon – based peer- to-peer lending pioneer Faircent.com has raised capital at an enterprise valuation of $4 million from Devesh Sachdev and Ashish Tiwari, promoters of Fusion Microfinance Pvt Ltd.…
Deal Alert: Healthstart, others invest $135-K in wellness startup Gympik
Bangalore-based Gympik Health Solutions, which owns and operates online marketplace-cum-ecosystem for fitness & wellness service providers Gympik.com, has raised $135,000 (about INR 86 lakh) from healthcare accelerator Healthstart and a…
Deal Alert: Fashion portal Purplle.com gets funding from IvyCap
Fashion portal Purplle.com has raised its first round of institutional funding from IvyCap Ventures. The funds will be used to create a TripAdvisor-like marketplace for discovery of beauty and grooming…
Deal Alert: Canbank VC picks 5% in engg. pdts maker Anand Teknow for Rs 16-Cr
Canbank Venture Capital Fund Limited (CVCFL) has invested INR 16 crore in return for a 5% stake in Anand Teknow Aids Engineering India Ltd, a Rs 300-crore closely-held public limited…
Deal Alert: Fashion social network VioletStreet raises Rs.2-Cr
Fashion social network VioletStreet.com has raised Rs. 2 crore in an angel round led by Venkat Vallabhaneni with participation from Srinivasa Rao Paturi. The company will utilize the funds to…
Private Equity investments bounce back by over 47% to $10.9 Billion in 2014
Powered by mega bets on E-Commerce, 2014 is 2nd biggest year for PE investments after 2007 Flipkart, Snapdeal and Olacabs account for 5 of Top 10 investments during ‘14 After…
Deal Alert: IDG invests in mobile gaming company Playsimple
IDG Ventures India has invested in PlaySimple, a mobile social gaming company through its seed fund program. The company is focused on mobile games in the trivia, word and puzzle…
Deal Alert: Kyron unveils 3rd batch
Kyron Global Accelerator plans has announced its third batch of startups, most of which come from the enterprise or media space including: Cubito: A transportation logistics Automation startup, infusing intelligence…
Deal Alert: Mumbai Angels invests in retail tech co Primaseller
Delhi-based retail technology startup Primaseller has raised funding from Mumbai Angels led by member Dr.Aniruddha Malpani with participation from US-based tech entrepreneur Kishore Ganji and others. The startup provides software…
Deal Alert: Contrarian Drishti leads investment in yellow-and-black taxi aggregator BookMyCab
Yellow-and-black taxis aggregator BookMyCab has raised a Series A round of funding led by impact investment firm Contrarion Drishti managed Contrarian Vridhhi Fund-I. The funding round also saw participation from…