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IFC to invest $125 mn in Hero Future Energies

August 25, 2016

International Finance Corporation plans to make an equity investment of up to $125 million (Rs 840 crore) in Hero Future Energies Pvt Ltd; and the proceeds will be used to fund the construction of solar and wind power plants

Read more - http://www.vccircle.com/news/cleantech/2016/08/24/ifc-invest-125-mn-hero-future-energies

Delhi-based ShaadiSaga raises pre-series A funding from ah! Ventures, Anupam Mittal and others

August 25, 2016

Delhi-based online wedding services marketplace ShaadiSaga has raised an undisclosed amount of funding as a part of its Pre-Series A round from ah!Ventures, Anupam Mittal (People Group), Kunal Shah and Sandeep Tandon (Freecharge.com), Dheeraj Jain (Redcliffe Capital), Rohit Chokhani (White Unicorn Ventures); with the fund infusion towards increasing partnerships base, building technologies, ensuring better customer experience, faster onboarding, smoother communication and higher conversion rates

Read more - https://yourstory.com/2016/08/shaadisaga-funding/

Quikr Services makes its second acquisition in the beauty and wellness space, nabs Zapluk

August 25, 2016

Quickr Services has acquired on-demand beauty and wellness services provider Zapluk for an undisclosed amount and with this acquisition, Quikr services will now expand its beauty services brand AtHomeDiva and offer a full range of on-demand home beauty services to consumers in multiple cities including Bengaluru, Delhi, Mumbai, Chennai, Gurgaon and Hyderabad

Read more - https://yourstory.com/2016/08/quikr-services-zapluk/

IoT entrant Beyond Evolution secures seed funding

August 25, 2016

Beyond Evolution, a mobile app development and IT Solutions company, has secured seed funding from angel investors, including Vineet Taneja, former Micromax CEO, and Kamal Puri, Chairman of Skyline Group; with the fresh capital deployed towards its newly launched IoT platform BeConnected and a slew of smart home devices that will be operating on it

Read more - https://yourstory.com/2016/08/beyond-evolution-seed-funding/

NephroPlus bags Rs 100cr in series-C funding to fuel expansion plans

August 25, 2016

Healthcare player Nephro Plus has raised Rs 100 crore in Series-C funding led by SeaLink Capital Partners (SCP) and International Finance Corporation (IFC); and the capital will be used to meet the growing need for kidney disease management services and expansion of their operations

Read more - https://yourstory.com/2016/08/nephroplus-funding/

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