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…
Deal Alert: Intellecap launches Startup Wave for Pre-incubation support
Intellecap has announced the launch of StartupWave, new virtual incubation platform built with support from GIZ and DFID. Startup Wave has been designed in partnership with over 100 startups, incubators,…
Deal Alert: Backpacker hostel chain Zostel raises Rs 5-Cr
Zostel, a chain of backpacker hostels for young travellers, has raised Rs 5 crore in a first round of funding from Malaysia-based angel investor Presha Paragash. Founded in August last…
Deal Alert: UK-based NRIM picks up 10% stake in pharma firm Kinedex for Rs.1.3 Cr
UK-based pharma firm NRIM has picked up 14,195 equity shares (a 10% stake) for INR 13 Cr (at INR 915 per share) in Mumbai-based Kinedex Healthcare Pvt. Ltd., regulatory filings…
Deal Alert: Matrix Partners India-backed LimeRoad raises $15M in funding led by Tiger Global
LimeRoad, India’s largest online social discovery platform for women, today announced that it has raised a Series B round of USD 15 Million led by Tiger Global, with participation from…
Deal Alert: Tiger Global leads $15-M funding for womens fashion e-tailer Limeroad
Tiger Global is leading a $15-million round in LimeRoad, a social shopping portal focused on women and fashion. LimeRoad will see existing investors Matrix India and Lightspeed Venture Partners also…
Deal Alert: Deal origination portal BankerBay secures Angel Funding
Bangalore-based deal origination tool BankerBay has raised under $1 million from executives from Nomura, Ernst & Young, Government of Singapore, Jefferies and other high net worth individuals. BankerBay helps Private…