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Singapore’s RB Investments backs Indian QSR chain The Beer Cafe

April 11, 2017

Gurgaon-based BTB Marketing Pvt Ltd, which runs a chain of beer bars under the brand The Beer Cafe, has raised an undisclosed sum from Singapore-based RB Investments. Founded by Rahul Singh, the company operates 34 stores in 10 cities including including Mumbai, New Delhi, Chandigarh, Bangalore, Amritsar, Gurgaon, Ludhiana, Mohali, Thane West and Pune.

Read more - http://www.dealstreetasia.com/stories/exclusive-singapores-rb-investments-backs-indian-qsr-chain-beer-cafe-69803/

M&A platform MergerWare raises $100K more to go global

April 11, 2017

Corporate Mergerware Solutions Pvt Ltd, a startup that provides software solutions for post-merger and acquisition integration, has raised $100,000 (about Rs 65 lakh) from existing investor Philippe Bouchet, who is a former vice president at French energy management firm Schneider Electric. The company will use the fresh capital for its global expansion plans.

Read more - https://www.vccircle.com/exclusive-ma-platform-mergerware-raises-100k-more-to-go-global/

Medwell Ventures raises $21 Million in Series B round led by Mahindra Partners

April 11, 2017

Medwell Ventures Private Limited, the operator of Nightingales specialty home healthcare services in India, has raised $21 Million in Series B round led by Mahindra Partners. The round also saw participation from existing investors Eight Roads Ventures and US-based F-Prime Capital Partners, alongside early angel investors and the founders.

Read more - https://yourstory.com/2017/04/medwell-ventures-raises-21m-series-b-round-led-by-mahindra-partners/

Flipkart raises $1.4 Billion, acquires eBay India

April 11, 2017

Flipkart has raised its seventh round of funding from eBay, Microsoft, and Tencent at a valuation of about $12 Billion. Flipkart has also acquired eBay’s India arm.

Read more - https://yourstory.com/2017/04/flipkart-acquires-ebay/

Cashback & analytics firm Zaggle buys Pennyful

April 10, 2017

Cashback and analytics company Zaggle Prepaid Ocean Services, which offers cashbacks to customers at restaurants, has acquired Bengaluru-based online cashback and coupons company Pennyful in a cash-and-stock deal. The Pennyful team of 15 members will join the 115-team at Zaggle, especially to augment the latter’s digital marketing and product technology team, primarily for their consumer-focused business.

Read more - http://tech.economictimes.indiatimes.com/news/startups/cashback-analytics-firm-zaggle-buys-pennyful/58101621

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