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.…
Deal Alert: Ventureast participates in US-based Pinnacle Engines’ Series C round
Pinnacle Engines, a San Carlos, California based developer of ultra efficient engine designs, has raised a Series C funding round from Mitsui Global Investment, Ventureast and an unnamed strategic OEM…
Deal Alert: Helion to invest Rs.25-Cr in enterprise mobility co RapidValue
Helion Venture Partners is investing about INR 25 crore in enterprise mobility company RapidValue, which helps companies migrate their business operations to laptops, tablets and smartphones. The company, which has…
Deal Alert: Auto rickshaw ordering service mGaadi raises seed funding from Unitus Capital
India Drivers Network Services, which owns and operates mGaadi, a mobile commerce ordering service for auto rickshaws, has raised seed funding from impact investment firm Unitus Seed Fund. Proceeds from…
Deal Alert: Manav Garg, Sharad Sharma, others invest Rs. 4-Cr in online fund raising platform LetsVenture
Bangalore-based online fund-raising platform, LetsVenture has raised Rs. 4 crore money from a syndicate of angel investors as it seeks to broaden the scope of its deal-making services. The funders…