Tags: India

Firms in south India lure in more venture capitalists compared to other regions- report

Venture capitalists continue to look to Bangalore, Chennai and other companies located in the southern portion of India for deals, The Times of India reported.


Indian IT firm Global Economic Advantage purchases Samtel Engineering

India-based IT and engineering services provider Global Economic Advantage Pvt Ltd purchased Samtel Engineering and Sourcing Solutions Pvt Ltd including its wholly owned German unit for an undisclosed sum.

Singapore's Nalanda Capital ups stake in Indian firm Lovable Lingerie

Singapore-based private equity firm Nalanda Capital has increased its holding in Mumbai, India-based underwear manufacturer Lovable Lingerie Ltd to 8.79% in a deal valued at $3.25 million.

Indian online real estate portal CommonFloor raises INR64 crore in funding

Bangalore, India-based online real estate portal CommonFloor secured INR64 crore in its fourth financing round from existing investors Accel Partners and Tiger Global, as confirmed by co-founder Sumit Jain.


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Blume Ventures, an early stage investor, is set to launch its second venture capital in May or June this year. It will invest a significant portion of its capital to the existing companies in Blume's portfolio, The Economic Times reported.
Kerala, India-based healthcare service provider Aster DM Healthcare is in talks with investment banks for a $200-million initial public offering (IPO) in London or Mumbai within a year.
San Francisco, US-based venture capital fund IDG Ventures invested an undisclosed sum in the first funding round of Bangalore, India-based mobile sales and marketing software maker FieldEZ Technologies.
Chennai, India-based billing startup ChargeBee raised around $800,000 in a Series A funding round from Accel Partners, bringing its total raised capital to $1.17 million.
Connecticut, USA-based venture capital firm Canaan Partners invested INR35 crore in Bangalore, India-based digital media firm SureWaves for the latter's global growth and workforce expansion.
British biotechnology startup QuantuMDx turned to crowdfunding platform Indiegogo to raise funds for the development and commercialization of a hand-held device that can diagnose malaria rapidly.
India-based Lanco Infratech Ltd is considering a sale of its Australian unit, Griffin Coal Mining Co, so it could help pay debt, according to sources interviewed by Bloomberg.
India-based global marketing solutions company Indegene acquired Atlanta, US-based outcomes research firm Total Therapeutic Management (TTM) for an undisclosed sum to expand its presence in the US.
Bangalore, India-based healthcare marketplace Medypal bagged $400,000 in a seed funding round from Unitus Seed Fund to help patients in the country find good and affordable service providers.
Bangalore, India-based startup Little Eye Labs confirmed that it has been bought by social media giant Facebook for an amount between the range $10 million and $15 million.
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