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:…
Deal Alert: Biba acquires 26% stake in fellow apparels firm Anju Modi
Retail brand Biba Apparels has acquired 26.66% stake in Anjuman Brand Designs which is engaged in the business of designing, manufacture and sale of garments under the brand name “ANJU…
Deal Alert: Fmr Infy CFO V. Balakrishnan invests in IT Services firm Avekshaa
Former Infosys board member V Balakrishnan has invested Rs 25 lakh in Bangalore-based IT solutions provider Avekshaa Technologies. Balakrishnan has joined Avekshaa’s board as an independent director and is mentoring…
Deal Alert: Seedfund invests $2-M in resort room aggregator V Resorts
V Resorts, a Noida-based company aggregating boutique hotel chains, has raised close to $2 million (about Rs. 12 crore) in pre-series A funding from Seedfund. V Resorts, founded by Aditi…
Deal Alert: SRK in a structured deal with fashion e-tailer Yepme
Bollywood actor Shah Rukh Khan (SRK) has signed on as the brand ambassador for fashion e-tailer Yepme in a deal that is structured in a such a way that lets…
Deal Alert: Online handyman service Timesaverz attracts angel funding
Mumbai-based Timesaverz, a platform to obtain people for home services, has raised seed funding from a clutch of angel investors led by former Yahoo executive Neville Taraporewalla and GSF Accelerator…
Deal Alert: OnlinePrasad taps Hyd, Chennai Angels
Hyderabad Angels and Chennai Angels – via 20 of their members including former Microsoft India Development Center MD Srini Koppulu, ex-CEO and cofounder of Sify.com R Ramaraj, Suresh Productions CEO…
Deal Alert: Ventureast Tenet to invest $1-M in online health portal MediAngels
MediAngels.com, an online platform which allows patients to consult the specialised doctors from across the globe, has raised $1 million (INR 6 crore) from Ventureast Tenet Fund and Government of…