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Recent News

Yellow Tie to invest $20 Million in chef Harpal Sokhi’s restaurant ventures

October 26, 2016

Yellow Tie Hospitality Management LLP, a food and beverages franchise management firm, plans to invest up to $15-20 million in five restaurant ventures of Indian celebrity chef Harpal Singh Sokhi’s chain Funjabi Tadka. The funding will be utilized to relaunch some of the existing chains such as Twist of Tadka, a North Indian/Punjabi quick service restaurant, operational in Bengaluru and Amritsar.

Read more - http://www.dealstreetasia.com/stories/yellow-tie-to-invest-20-million-in-chef-harpal-sokhis-restaurant-ventures-56416/

IT Giant L&T Infotech acquires analytics startup AugmentIQ

October 26, 2016

Global IT services and solutions provider L&T Infotech (LTI) is all set to acquire Pune-based AugmentIQ Data Sciences Pvt Ltd, a startup offering IP-based, big data and analytics solutions that help enterprises derive business benefits from big data.With the acquisition, LTI will gain access to MAXIQ, the big data platform developed by AugmentIQ.

Read more - https://inc42.com/flash-feed/lt-infotech-acquires-augmentiq/

Social media marketing startup OrangeTwig raises funding from Silicon Valley investor

October 26, 2016

San Francisco and Delhi based social media marketing startup OrangeTwig has raised a seed round of $1 Million from an undisclosed Silicon Valley investor. An additional $75K has been added from a close friend. The funding will be utilized to hire talent and ramp up marketing and sales operations.

Read more - https://inc42.com/flash-feed/orangetwig-funding/

The Kettlery raises $1 Million from Abhinav Bindra’s venture fund company

October 26, 2016

Ahmedabad-based The Kettlery, a speciality tea startup raised $1 million from Abhinav Bindra’s Shooting Starts Sports LLP & Franchise India Brands. The funding will be utilized to set up 100 tea boutique outlets in next five year.

Read more - http://economictimes.indiatimes.com/articleshow/55051160.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Android utility app SooperMo raises funding from Dubai based investor

October 26, 2016

Android utility app suite SooperMo, operated by Gurgaon-based SooperMo Appstudio Pte Ltd, has raised $100,000 (Rs 67 lakh) in seed funding from Dubai-based entrepreneur Lalit Vase.  The funding will be utilized to launch the beta version of the utility apps in Middle East, Southeast Asia and Africa.

Read more - http://www.vccircle.com/news/technology/2016/10/25/exclusive-dubai-based-investor-backs-android-utility-app-soopermo

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