Media and Entertainment company Aadarsh Pvt Ltd has acquired a stake in Vaw World Animation Studio, a production house with clients in the US, UK, Japan and Korea with specialised services in TV Series, DVD features, Game Assets, among others.
Mumbai-based digital media agency Gozoop is in talks to acquire offline activation agency and syndicated content provider 56 Blue Lights in an all cash deal. Through the acquisition the Mumbai-based company will get access to 56 Blue Lights’ clientele. It expects to grow its revenues by over 50 per cent in next year.
Postman, the company providing the API(application programming interface) toolchain for developers has raised $7 million in a series A round of funding by Nexus Venture Partners. Founded in 2014, the startup helps the developer community manage APIs through cloud service.
Specialty condiments manufacturer and supplier Veeba Food Services has raised about INR 40 crore in fresh funding, in a round led by Belgian family office Verlinvest and venture capital firm Saama Capital. The funding will be utilized to further build manufacturing infrastructure, strengthen distribution network and marketing.
Private institutional lender to education sector, Indian School Finance Company (ISFC) has raised $6 million of Series-A funds from social venture capital firm Gray Matters Capital. Impact investment bank Unitus Capital was the advisor for the transaction. ISFC plans to use this money to increase its loan ticket size and reach out to more clients in the country.