Deal Alert: Dell Foundation invests in SME lender Kinara Capital
Bangalore-based financier for the micro, small, and medium enterprises Kinara Capital has received an equity investment from the Michael & Susan Dell Foundation. The Dell family foundation will hold a…
Deal Alert: Online test prep startup TestBook raises Rs.1.5 Cr from ah! Ventures, Carlyle MD
PE firm Carlyle’s India MD Shankar Narayanan and angel group ah! Ventures have invested INR 1.5 crore in Mumbai-based Testbook which provides free mock tests for entrance exams such as…
Deal Alert: IAN Invests in UK-based meetings management app firm Lowdown
Indian Angel Network’s UK operation has announced an investment in Lowdownapp Ltd, a London based meeting management app maker that offers users a snapshot and in-depth view of attendee information,…
Deal Alert: Target announces second batch
US retailer Target Corporation has roped in a second set of start-ups for its accelerator programme based in Bangalore. While the first batch focused on themes like personalisation search, content…
The Dangerous Shotgun Wedding of Financial Technologies with NSEL
In a “shotgun wedding“, the long term ramifications of which were somewhat drowned amidst the Diwali break last week, the Union Government has ordered the forced merger of two private…
Deal Alert: Ideaworks Partners invests Rs.10-Cr in outsource product development firm People10
Bangalore-based outsourced software product development firm ‘People 10’ has raised about INR 10 crore from US-based fund Ideaworks Partners in a Series A round of fundraising. Founded in 2011, the…
Deal Alert: VentureNursery Angels invest in HotelsAroundYou
Last-minute hotel booking start-up HotelsAroundYou has raised seed funding from more than 10 angel investors associated with early-stage accelerator VentureNursery. The investors include Patni scions Amit and Arihant, Aditya Birla…
Deal Alert: Secondhand books marketplace Notemybook incubated at Vesit
Notemybook, a start-up based in Mumbai that aims to make books available to students at 40% less cost, has been incubated at Vivekanand Education Society’s Institute of Technology (VESIT) located…
Doug Leone of Sequoia on Indian VC
Economic Times has an interesting interview with Sequoia Capital’s Silicon Valley-based partner Douglas (Doug) Leone on the firm’s investments in India and elsewhere. Extracts (emphasis mine): On why Sequoia is…
Deal Alert: Lingerie e-tailer Cloe attracts German investors
Noida-based lingerie e-tailer Cloe has raised an investment from a group of investors in Germany “with deep roots in consumer retail and Internet”. From the Venture Intelligence PE Deal database:…