Deal Alert: IFC to invest $21-M in Samhi Hotels
IFC proposes an equity investment of $21 million in Gurgaon-based Samhi Hotels which is executing an expansion project, including to develop/acquire hotel assets across India including in Tier I and…
Deal Alert: SkillBoost raises first round of funding from private investors
SkillBoost, a startup founded by ISB grad Abhinav Verma, a training firm focused on Microsoft Office applications, has raised its first round of funding from private investors. The company will…
Deal Alert: SAIF Partners, Helion invest $2-M in test prep startup Toppr
Online exam preparation platform Toppr has raised $2 million from Saif Partners an Helion Ventures. It plans to invest the funds in developing content and opening up new distribution channels.…
Deal Alert: Unitus Seed Fund invests in kirana store mobile enabler Jiffstore
Unitus Seed Fund has invested in Bangalore-based mobile commerce platform Jiffstore that connects local kirana stores with customers through a mobile app that offers online grocery ordering and home delivery…
Deal Alert: Restaurant chain Nalas Aappakadai acquired by Epicurean Events
Epicurean Events and Services, a Chennai-based wedding planner and food services company, has acquired a 51% stake in Nalas Aappakadai, a multi-cuisine restaurant chain owned by fellow Chennai-based Annamalai Foods.…
Deal Alert: Pearson’s education fund invests in e-learning startup Zaya Labs
UK-based Pearson, via the Pearson Affordable Learning Fund (PALF), has announced a minority equity investment in Zaya Labs, a school service provider delivering blended learning experiences for schools serving students…
Deal Alert: VentureNursery announces batch-5 startups
Mumbai-based angel-backed startup accelerator VentureNursery, has announced their fifth acceleration program. HotelsAroundYou and FindUrClass have been short-listed for the same from over 550 applications. Founded by Rina Nathani, an ex-Product…
Deal Alert: US-based TechStars selects MartMobi as first Indian startup to join its program
Hyderabad based year old start-up MartMobi has been selected to US-based TechStars accelerator programme. MartMobi will leverage this opportunity to expand its footprint globally with strong focus on US expansion.…
Deal Alert: Design co Chumbak raises second round led by Matrix Partners
Bangalore-based Chumbak Designs has received a second round of funding from venture capital firm Matrix Partners and existing investor Seedfund. The funding will be used by Chumbak to ramp up…
The contrasting models of Teleshopping vs E-Commerce players and how PE investors are taking notice
From an interesting article in today’s Economic Times on how TV shopping in India is growing simultaneously with e-commerce and the contrasting approach adopted by the two types of vendors.…