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 coÂfounder 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…
Why PE investors should stick to minority investments in Restaurants
From an Economic Times article titledd “Do PE firms make bad chefs?” citing the problems at Adiga’s, Sagar Ratna and Nirula’s. Prudent investment metrics back PE’s thinking in grabbing pieces…