Deal Alert: Sarthi Angels invests in compressed air company M.R. Organisation
Gujarat-based M.R. Organisation (MRO), a player in the compressed air market, has raised angel funding from Sarthi Angels Venture Foundation. MRO manufactures and distributes reciprocating and screw compressors aftermarket replacement…
Deal Alert: Blume, Qualcomm invest in e-com enabler Snapbizz
Blue Ventures has revealed in its latest investor repprt that it has invested, along with Qualcomm Ventures ands Singapore-based Taurus, in e-commerce enabler SnapBizz Cloudtech Pte Ltd . The Banaglore-…
Deal Alert: Villgro backs Ujjeewan Healthcare, Aindra Systems, Scholowiz Educational
Social enterprise incubator Villgro has invested in three startups – Ujjeewan Healthcare, Aindra Systems and Scholowiz Educational Solutions. It is targeting to invest in 25-30 more startups by the end…
Deal Alert: IIM Calcutta incubates 4 social enterprises
IIM Calcutta has launched an incubation centre with a focus on social entrepreneurship and incubated four social enterprises – Doctors for You, an NGO in the healthcare sector, energy solutions…
Fund Alert: Unitus Seed Fund received $7-M in addl commitments
Unitus Seed Fund has secured an additional $7 million in commitments for a total of $20 million for its India-focused Micro VC fund. New institutional investors include Michael & Susan…
Deal Alert: IDG Ventures, angels invest in online recruitment service myNoticePeriod
Recruitment startup myNoticePeriod.com has raised over INR 2 crores in seed funding led by IDG Ventures India. Other investors include Prashant Kirtane, CTO and cofounder of travelmob.com, Shamsunder Talreja, owner…
Deal Alert: CCube Angels increases stake in Tier II cities focused e-tailer edabba.com
Singapore-based angel investing group CCube Angels is raising its stake to 25% in Delhi-based start-up Omnipresent Retail India, which runs online retail portal edabba.com. Edabba sells a range of products,…
Dela Alert: Meena & K Ganesh launch online furniture marketplace HomeLane
Serial entrepreneur-couple K Ganesh and Meena have acquired Bangalore-based offline design firm Bello Interiors Pvt Ltd and rebranded it as HomeLane, an online marketplace for fixed furniture. The husband-wife duo…
Fund Alert: Fmr IEP executives float new PE firm Carpediem Capital
Former India Equity Partners (IEP) professionals have launched a new India-focused PE firm Carpediem Capital. Arvind Nair (formerly Operating Partner at IEP) is the Chairman of the new firm while…
Fund Alert: Appurify founder Rahul Jain to raise $50-M fund
Silicon Valley entrepreneur Rahul Jain, who co-founded app testing start-up Appurify that was recently acquired by Google, plans to raise $50 million to invest in Indian start-ups. The fund would…