Deal Alert: MCap Fund invests in Omkar Clean Energy
MCap Fund, founded by Baring India partner N.Subramaniam, has in invested INR 3 Cr in Omkar Clean Energy Services, a Chennai-based provider of Operation & Maintenance services for Renewable Energy,…
Deal Alert: Zomato acquires NZ-based MenuMania for Rs.5-Cr
Online Restaurant guide Zomato has acquired New Zealand’s MenuMania in an estimated INR 5 crore all-cash deal, making the acquirer the largest player in its space in the island country…
Deal Alert: Pearson invests Rs.30 lakh more in H’bad school chain Sudiksha
UK-based publishing group Pearson invested Rs 30 lakh in Hyderabad-based school chain operator Sudiksha Knowledge Solutions. Sudiksha aims to use the funds to expand its schools to more locations in…
Deal Alert: Online consumer forum Akosha raises $5.2 M from Sequoia
Online consumer feedback platform Akosha has raised $5.2 million from Sequoia Capital India. The funding will be used to invest in technology and to expand the company’s OneDirect Suite of…
Deal Alertt: Tea cafe chain firm Chaayos raises funds from Powai Lake Ventures; scouting for VC round
NCR-based tea cafe chain ‘Chaayos’ has raised angel investment of over Rs 2 crore from Powai Lake Ventures and is looking to raise venture capital to open nearly 50-odd stores…
Deal Alert: Fidelity, Aavishkaar invest Rs. 80-Cr in Odisha-based dairy Milk Mantra
Odisha-based consumer dairy foods company Milk Mantra has raised series C funding of INR 80 crore from Fidelity Growth Partners India and existing investor, Aavishkaar India II Company Ltd. The…
Deal Alert: Aspada invests Rs. 12-Cr in SME lender Capital Float
Aspada Investment Company, which is backed with a significant commitment from the Soros Economic Development Fund (SEDF), has made a commitment of INR 12 crore (USD $2 million) in Bangalore-based…
Deal Alert: Online tax filing startup Cleartax.in to get Rs. 72-lakh from Y Combinator
Silicon Valley incubator Y Combinator will invest $120,000 (Rs 72 lakh) in Delhi-based ClearSharp Technology, which runs the online tax filing portal Cleartax.in. ClearTax is founded by Archit Gupta, a…
Deal Alert: GenNext ventures backs surveillance solution company Videonetics
GenNext Ventures, the venture investing arm of Mukesh Ambani, is backing Kolkata-based video surveillance technology maker Videonetics Technologies. Videonetics develops a range of video management and analytic software and has…
Deal Alert: K.Ganesh invests in e-marketplace Overcart.com
Tutorvista founder K.Ganesh has invested in New Delhi-based ecommerce marketplace Overcart.com which sells the unsold stock and seal open products of larger ecommerce companies to retail consumers and smaller retailers.…