Deal Alert: Aspada to invest $2-M in cold chain operator Schedulers Logistics
Impact investor Aspada has committed to invest over $2 million in Schedulers Logistics, an integrated cold-chain trucking operator that provides end-to-end cold storage and secondary distribution for fresh fruit &…
Deal Alert: SAIF Partners, angels invest Rs.4-Cr in online creative marketplace TouchTalent
TouchTalent, an online marketplace for creative talent, has raised INR 4 crore in a seed round led by SAIF Partners. About 15 angel investors – including Deep Kalra of MakeMyTrip…
Fund Alert: Exfinity VC fund raises Rs 100-Cr in first close
Exfinity, the early-stage venture capital fund formed by IT Services sector veterans including T.V. Mohandas Pai, Girish Paranjpe and V. Balakrishnan, has announced the closure of the first fund of…
Deal Alert: Video ad tech firm AdSparx raises Rs. 3.5 cr led by IAN
Mumbai-based in-stream video ads technologies provider AdSparx has raised an angel round of Rs. 3.5 crore led by Indian Angel Network, followed by Mumbai Angels and GrowX Ventures. Started by…
Deal Alert: GenNext, Cisco, Blume invest Rs.7-Cr in manufacturing software maker Covacsis
Enterprise software maker Covacsis Technologies has received INR 7 crore in second round funding led by Mukesh Ambani-promoted GenNext Ventures and with participation from Cisco and existing investor Blume Ventures.…
Deal Alert: Beauty e-commerce portal Nykaa.com raises funds
Nykaa.com, the beauty e-commerce portal promoted by investment-banker-turned entrepreneur Falguni Nayar, has raised funds from investors including a family office and a hedge fund. The new investors will together hold…
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…