Deal Alert: SIDBI’s Samridhi Fund invests in Rite Water
Samridhi Fund, the social impact fund managed by SIDBI Venture, has invested in Rite Water Solutions (India) Pvt Ltd which specializes in potable water and water quality improvement solutions. Rite…
Deal Alert: Inventus, Mumbai Angels, others invest $550-K in appmaker for autistic children Avaz
Chennai-based Invention Labs that has developed Avaz AAC, a speech therapy app for autistic children, has raised $550,000 in seed funding led by Inventus Capital and Mumbai Angels. Google India…
Deal Alert: Omnivore invests in agri-equipment rental firm MITRA
Omnivore Partners has invested in Nashik-based technology startup MITRA which develops farm mechanisation solutions for horticulturists. The company expects to use the money to expand its research and enhance marketing…
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…