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…
Deal Alert: Helion Ventures invests Rs.27 crore in dental chain Denty’s
Helion Venture Partners has invested Rs 27 crore in Hyderabad-based multi-specialty dental care chain Denty’s. Denty’s which has 10 clinics in Andhra Pradesh and Tamil Nadu, will use the funds…
Deal Alert: Kalaari Capital, Lightbox invest $4-M in online test prep service Embibe
Kalaari Capital and newly formed venture fund Lightbox are together investing $4 million in Mumbai-based Embibe.com an online test prep portal specializing in engineering entrance exams. The startup currently has…
Deal Alert: Fabindia MD William Bissell invests Rs.12-Cr in education ERP firm Foradian Tech
William Bissell, managing director of ethnic retail firm Fabindia, has invested $2 million (over Rs. 12 crore) in education technology start-up Foradian Technologies. Foradian provides cloud-based enterprise resource planning solutions…
Fund Alert: Sandeep Murthy-led tech VC fund Lightbox aims to raise $90-M
Lightbox, a new venture fund focused on technology investments in India, aims to raise about Rs. 540 crore ($90 million). Lightbox is being set up by a team of five,…