Samridhi Fund invested INR18 crore in Bhubaneswar-based diabetes care provider Kanungo Institute of Diabetes Specialties (KIDS) to help the latter expand its services in rural India.
Deals
Woolworths acquires Australia's David Jones
Australian department store David Jones was acquired by South African retailer Woolworths in a deal valued USD2 billion, reported Ventures Africa.
Nebula bags USD3.5 million new debt funding
According to a court filing yesterday, Nebula has taken in USD3.5 million worth of new debt financing from undisclosed investors, reported Venture Beat.
Israeli slideshow app Slidely bags $7.3M to fund mobile plans
Tel Aviv, Israel-based slideshow app Slidely bagged $7.3 million in a funding round led by Benson Oak Capital to beef up its mobile campaign and expand to the US.
California-based API debugging tool provider Runscope nabs $6M in Series A round
San Francisco, US-based application programming interfaces (APIs) debugging and testing tool provider Runscope nabbed $6 million in its first funding round led by General Catalyst Partners to start selling its products.
Latest News
Seplat's public debut has been expected to increase IPOs on the Nigerian Stock Exchange, reported Ventures Africa.
UK-based growth capital fund Station 12 is raising $250 million (£150 million) for its new fund that will invest in the growth rounds of media tech startups in Europe.
Enable Midstream Partners has announced its IPO price valued USD20 per share piece to start trading on Friday, April 11 on the NYSE.
San Francisco, US-based online food delivery startup Munchery raised $28 million in a Series B funding round led by Sherpa Ventures to bring its service to Seattle and other places in the US.
Stamford, US-based collaborative business intelligence (BI) platform Decisyon Inc landed $22 million in its Series B financing led by Catalyst Investors to support its global expansion.
The Hunt received USD10 million worth of new funding from Khosla Ventures and Javelin Ventures, reported TechCrunch.
San Francisco, US-based social music apps maker Smule scored $16.6 million in a new funding round led by Roth Capital Partners to develop its products and fuel its expansion into Asia.
Ooomf changed its name to Crew and announced receiving USD2.1 million new funds, reported TechCrunch.
Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.
