Deal Alert: Room-mate search portal Grabhouse raises $500K from India Quotient
Grabhouse, a Mumbai-based online roommate search engine which helps people find compatible roommates, has raised $500k from India Quotient. The start-up offers an online platform for tenants to contact owners…
Deal Alert: Dayananda Sagar Institutions to set up incubator in Bangalore
Dayananda Sagar Institutions will set up a one-stop plug and play incubator in South Bangalore for startups in the electronic system design and manufacturing (ESDM) space. The institution is throwing…
Deal Alert: Blume invests in online HR software firm Greytip
Cloud-based HR software company Greytip Software has raised funding from Blume Ventures to accelerate growth in the domestic cloud HR and payroll automation space. Founded in 1994, Greytip enables over…
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…