Mobile Tech Entrepreneur defends E-Commerce “Shotgun” Weddings from attack by another Venture Capitalist!
Sumanth Raghavendra (founder of Qualcomm Ventures-backed Mobile Apps firm Deck.in) offers an interesting “defense” of the (Accel India & Tiger Global backed) Flipkart-Myntra merger from the “attack” by (Seedfund Partner)…
Deal Alert: VentureNursey angels invest in networking platform for researchers InvenZone
Lithasa Technologies, which runs a networking platform for scholars and researchers called InvenZone, has raised angel funding from VentureNursery Angels. The backers include Yahoo! India senior director Vishal Maheshwari, Aditya…
Deal Alert: Accel-funded Healthcaremagic.com acquired by US firm Ebixfor $18.5 M
Accel-funded Healthcaremagic.com, an online medical advisory service, has been acquired by Ebix, international supplier of on-demand software and e-commerce services to the insurance, finance and healthcare industries. Ebix has paid…
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…