Deal Alert: Sequoia to invest Rs.28-Cr in supplier management software firm SirionLabs
Sequoia Capital India has invested INR 28 crores in Gurgaon-based enterprise software maker SirionLabs which develops technology aimed at improving the efficiency of outsourcing contracts. The funding will be used…
Deal Alert: Amazon sets up small biz accelerator
US-based e-commerce firm Amazon’s India unit has set up a small business accelerator with teams spread across major cities to help more merchants get online. Like its rivals Flipkart and…
Deal Alert: Social media tools firm Frrole raises $245-K from Sharad Sharma, Rajan Anandan, others
Bangalore-based big data start-up Frrole, which specializes in Twitter-based analytics, has raised $245,000 in angel funding from investors including Sharad Sharma (former head of Yahoo! R&D centre in India), Google’s…
Deal Alert: Cloud-based SME services provider ZapStitch raises capital from Anupam Mittal, others
Bangalore-based cloud data integration platform ZapStitch has secured seed round from Anupam Mittal (founder of People Group) and other angel investors. ZapStitch was founded by Satya Padmanabham (co-founder of YourBus.in…
Deal Alert: CommonFloor acquires student rentals listing firm Flat.to
Real estate portal CommonFloor has acquired Flat.to, a site that helps students and bachelors find accommodation. The deal included both cash and stock components. Founded by Gaurav Munjal, Flat.to will…
Deal Alert: Start-up database firm Tracxn raises angel funding
Tracxn, a start-up that offers information and analytical data about private companies to investors, has raised angel funding. Founded by technology and investment banking professionals Abhishek Goyal and Neha Singh,…
Deal Alert: Nexus Venture Partners invests in Function Space, Social Learning Network for Science
Function Space (http://functionspace.org/), a leading and fast growing collaboration and learning network for students, researchers and enthusiasts in Mathematics, Physics, and other sciences, announced today that it has closed funding…
Deal Alert: Bessemer to lead $10-M round for TaxiForSure
Bangalore-based cab aggregator service TaxiForSure is raising $10 million in investments led by Bessemer Venture Partners. Existing Accel Partners, Helion Venture Partners and Blume Ventures also participated in the latest…
Deal Alert: Unitus Seed Fund invests in dental chain Smile Merchants
Seed-stage impact investor Unitus Seed Fund has led an equity investment in Smile Merchants, a chain of dental clinics focused on providing affordable dental care services. A brand of Free3…
Legal Corner by Trilegal: India’s New M&A Guidelines Dampen Hopes of Market Consolidation
The guidelines for telecom mergers and acquisitions are being touted as a harbinger of market consolidation in India. But a closer reading suggests they leave a lot to be desired.…