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Money

Piramal to buy majority stake in cloud-based health information network HealthHiway

Friday, April 17, 2015 | More »

HealthHiway
Piramal Enterprises Ltd has inked a pact to buy majority equity stake in Health SuperHiway Pvt Ltd, a privately held health information network and analytics firm owned by promoters of India’s top hospital chain Apollo Hospitals Enterprise Ltd, it said on Friday. The firm runs its operations u...

Helion

Helion on road to raise $300M in tech-focused VC fund; to back up to 25 Indian startups

Helion Venture Partners, an early-to-mid-stage venture capital firm, is raising $300 million (Rs 1,900 crore) for its fourth fund Helion Venture Fund IV, a company spokesperson told VCCircle. The VC firm is still on the road to raise funds and is in talks with both new and existing offshore investor...

17 April, 2015 |More »

IndiaMART

Exclusive: IndiaMART initiates talks with big investors to raise funding for new B2B e-com property Tolexo

IndiaMART InterMESH Ltd, which runs an online B2B platform for small and medium businesses connecting global buyers with suppliers under the brand IndiaMART, has initiated talks to raise as much as $200 million for its recently launched property Tolexo, which enables online transactions, sources...

17 April, 2015 |More »

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Exclusive: Mobile apps & games developer Robosoft raises $12M from Ascent, Kalaari

Robosoft Technologies Pvt Ltd, a third party mobile app developer as well as publisher of its own mobile games, has raised $12 million (Rs 75 crore) in what is a Series B round led by private equity firm Ascent Capital. The round also saw existing investor Kalaari Capital bring in more money, a top ...

17 April, 2015 |More »

Olacabs_logo

Ola raises $400M Series E round from DST, GIC, Falcon Edge & others; valued at $2.4B

Mumbai-based ANI Technologies Pvt Ltd, which runs online cab booking service Ola (formerly Olacabs), has raised $400 million (Rs 2,495 crore) in its Series E round of funding led by Russian investment firm DST Global, it said on Thursday. Other new investors include GIC and Falcon Edge Capital. Soft...

16 April, 2015 |More »

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Mobile-only local services marketplace TaskBob raises $1.2M from Orios and Mayfield

Mumbai based startup Crenovative Ideas Pvt. Ltd, which runs a mobile-only home services marketplace under TaskBob, has secured $1.2 million (Rs 7.5 crore) in seed funding led by Orios Venture Partners with participation of Mayfield India, it said on Thursday. The company currently serves in Powai a...

16 April, 2015 |More »

UrbanClap

Mobile-only local services marketplace UrbanClap gets $1.6M from SAIF, Accel & others

Delhi-based UrbanClap Technologies India Pvt. Ltd, which runs a mobile-only marketplace to find local service professionals under the UrbanClap brand, has raised Rs 10 crore ($1.6 million) in seed funding from SAIF Partners, Accel Partners and Snapdeal co-founders Kunal Bahl and Rohit Bansal, it sai...

16 April, 2015 |More »

Rebright-Partners

Japanese VC firm Rebright Partners to step up Indian operations

Tokyo- and Singapore-based venture capital firm Rebright Partners, which  focuses on seed to early stage investing, is looking at ramping up its Indian operations. The firm, which entered the country last year, has roped in Brij Bhasin from startup accelerator GSF to lead its activities in the coun...

16 April, 2015 |More »

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Carzonrent buys intra-city ride-sharing startup RidingO

Private equity firm WestBridge Capital-backed Carzonrent India Pvt Ltd, which runs radio cab services besides offering self-drive car rental and fleet management services, has acquired Bangalore-based 42 Solutions Pvt Ltd, which runs a ride sharing app RidingO, for an undisclosed amount, it said. Wi...

16 April, 2015 |More »

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Big Data firm Antuit acquires Chicago-based analytics firm Prognos

Singapore-headquartered Big Data and analytic firm Antuit Holdings Pte Ltd, set up by an Indian origin founder and with an office in Bangalore, has acquired Chicago-based analytics company Prognos, the company said in a press release. The deal amount is not disclosed. The acquisition will help Antui...

15 April, 2015 |More »

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