Profile of Vini Cosmetics founder Darshan Patel
From the Mint article: Patel launched Vini Cosmetics in 2010, having spent two decades at Paras Pharmaceuticals, which he co-owned with his brothers; he had a 24% stake in it.…
Deal Alert: Indian Angel Network invests in Tattva Spa
Elementia Wellness Pvt. Ltd, the company that owns the Tattva spa chain, has raised funding from the Indian Angel Network (IAN). The funds will be used to expand the company’s…
Deal Alert: Matrix Partners invests in online referral hiring firm Grown Out
Matrix Partners India has invested in the first institutional round of funding for GrownOut, a referral hiring solution that enables companies to leverage their employees’ professional network. GrownOut will use…
Deal Alert: NEA, others invest $500-K in image recognization tech firm Hyperverge
Chennai-based Hyperverge has raised $550,000 (Rs 3.5 crore) from a clutch of US-based investors, including New Enterprise Associates. Founded by Kedar Kulkarni and incubated at IIT-Madras, Hyperverge is preparing for…
Deal Alert: GSF, Globevestor invest $300-K in kids edu kits firm Flinto
Flinto, a maker of educational activity kits for children, has raised $ 300,000 from a consortium of investors led by GSF to expand marketing and operations. The other investors include…
Deal Alert: Sarthi Angels invests in Neo Politan Pizza
Sarthi Angels Venture Foundation has invested in Vadodara, Gujarat-based vegetarian Italian meal chain Neo Politan Pizza. Founded in 2012 by V-Care Group CEO Mukund Purohit, Neo Politan currently has 22…
Deal Alert: Orios invests Rs.15-Cr in online appointments firm Ziffi.com
Ziffi.com, a platform that allows users to book appointments with doctors, salons and other health & wellness related services, has raised INR 15 crore in Series A from Orios Venture…
Deal Alert: 5ideas, others back consumer app maker WooMe.mobi
Mobile app maker WooMe.mobi has received funding from 5ideas Startup Superfuel along with two other unnamed investors. WooMe enables interactivity on TV channels, music, movies, movie trailers, radio, multiplexes and…
Deal Alert: Aspada invests $2-M in fresh fruit management firm Allfresh
Aspada Investment Company has made a commitment of over $2 million (Rs 12 crore) to New Delhi-based Allfresh Supply Management Pvt Ltd. Allfresh operates across the entire fresh fruit value…
Deal Alert: Altruist Acquires Data Analytics Company iConnectiva
Altruist, a leading provider of Telecom VAS platforms and services today announced the acquisition of iConnectiva a key player in Telecom Revenue Assurance/ Fraud Management and Big Data Analytics, in…