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Flexi-jobs site Mykindofjob raises $1 million angel funding

October 17, 2016

Mumbai-based mykindofjob, an online portal has closed a round of funding worth $1million from brothers Mayank Shah and Shreyans Shah. Mykindofjob.com offers interactive web platform where registered users can communicate with each other and prospective employers. Users range from students looking at internships to retired professionals seeking short-duration projects.

Read more - http://economictimes.indiatimes.com/articleshow/54859159.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

DSG Consumer Partners leads INR 1.5-crore seed round in Tazzo Technologies

October 17, 2016

DSG Consumer Partners, Deepak Shahdadpuri-led consumer-focused, early stage venture capital firm, has led a $225,000 seed funding round in motorbike rental venture Tazzo Technologies. Tazzo is an on-demand delivery platform for renting self-drive bikes. The Hyderabad-based startup provides location-based motorbike delivery and pickup service, and allows users to track the availability of two-wheelers at the nearest station, while also allowing them to request for free delivery and pickups, through its app.

Read more - http://economictimes.indiatimes.com/articleshow/54859214.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Dailyhunt raises INR168 Crore in fresh capital from Chinese peer Bytedance

October 17, 2016

Local language content platform Dailyhunt has raised $25 million (Rs 168 crore) in a new round of funding led by China’s Bytedance, itself a content aggregator in China, which is backed by investors like Russian billionaire Yuri Miliner’s DST Global and social media major Sina Weibo.

Read more - http://economictimes.indiatimes.com/articleshow/54863439.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Firstcry acquires Mahindra’s baby care franchisee business for INR 362 crore

October 17, 2016

Online baby products seller Firstcry is acquiring Mahindra Retail, which runs offline stores under Babyoye brand, for about INR 362 Crore in a landmark deal in the Indian retail market. The Pune-based startup, will acquire the franchisee division of Mahindra Retail, part of the $18 billion software to automobiles congolmerates Mahindra & Mahindra.

Read more - http://economictimes.indiatimes.com/articleshow/54868369.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

PE firms ASK Pravi, FidelisWorld buy Sportz Interactive

October 14, 2016

Private equity firm ASK Pravi Capital Advisors Pvt Ltd and sports-focused PE fund FW Sportz Investment Fund (FSIF) acquired Mumbai- based sports data firm Sportz Interactive (SI). Chicago-based STATS Llc, which owned Sportz Interactive, sold off its entire stake to FSIF and ASK Pravi.

Read more - http://www.vccircle.com/news/technology/2016/10/13/pe-firms-ask-pravi-fidelisworld-buy-sportz-interactive

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