Deal Alert: Mobile SDK maker AppVirality raises $465-K from IIG, TNN Capital, angels
Mobile app development software maker AppVirality has raised $465,000 in seed funding from India Internet Group, TNN Capital and other investors including Rajan Anandan, managing director of Google India; Mike…
Unraveling Oravel’s founder
The Mint has a detailed profile of the founder of Venture Capital-backed budget hotels aggregator Oravel (now, OyoRooms) titled “Will the real Ritesh Agarwal please stand up?”. The piece makes…
Deal Alert: Snapdeal founders invest in apparel e-tailer Bewakoof.com
Snapdeal founders, Rohit Bansal and Kunal Bahl have made an investment in Mumbai-based Bewakoof Brands Private Limited, the company behind online apparel portal Bewakoof.com. Source: Times of India Venture Intelligence…
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…