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,…
Deal Alert: Vantage Circle raises round from Raghu Bathina, others
Delhi-based Bargain Technologies, which owns and operates Vantage Circle, an online privilege platform for corporate employees, has raised Rs 1.2 crore ($198,048) from investors including former Citrix Systems senior director…
Deal Alert: Eventjini raises funding from HNI
Eventjini, the organizer-focused event marketing and ticketing company, has closed another round of funding from an anonymous group of investors based in Chennai. S.M.A.R.T Advisors acted as the exclusive financial…
Deal Alert: Tiger Global, Blume, angels invest Rs.54-Cr in retail warehouse automation firm Grey Orange
Gurgaon-based Grey Orange Robotics, a start-up which builds robots that help online retailers automate their warehouses, has raised Rs.54 crore funding from New York-based investment firm Tiger Global and early-stage…
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…