Private equity firm KKR-backed investment platform, Emerald Media, has led $35 million in Series D round of funding in cloud-based geo-targetted ad firm, Amagi Media Labs. Premji Invest, the investment handle of existing investor, Azim Premji also participated in the round. The funding will be utilized to enhance R&D efforts around geo-targeted advertising.
Online travel marketplace for holiday bookings Tripshelf has raised Pre-Series A funding in a round led by GEMS Advisory and early stage VC fund Quarizon. The platform allows customers to compare data from independent travel operators listed on the online marketplace under a single web screen and further, once selected, the customer is directed to the supplier’s website for bookings.
Healthcare services platform Practo Technologies Pvt Ltd has acquired Enlightiks Business Solutions Pvt Ltd, a healthcare analytics solutions firm, in a cash and stock deal. Established in 2012, with offices in Bengaluru and Charlotte in the US, Enlightiks owns a predictive clinical and computational platform called Querent and uses big data analytics to provide business intelligence to healthcare providers.
Singapore headquartered Shopmatic which helps small businesses sell online using the do-it-yourself platform has acquired 51% in 5X Ruby at an undisclosed valuation in a mixed cash and equity deal.
Pi Datacenters Pvt Ltd, which provides data centre and cloud services, has raised INR 154 crore ($23 million) from Epsilon Venture Partners and an Australian private equity group in a Series A round of funding. The funding will be utilized to roll out its first few data centres across India.