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Recent News

Witworks raises seed funding from Fireside Ventures, Investopad

August 25, 2016

Bengaluru based, Think Innoventions Pvt Ltd that operates under the brand Witworks, received an undisclosed amount of seed funding, led by Fireside Ventures, Investopad, P39 Capital along with a group of angel investors including Anupam Mittal (Founder, Shaadi.com), Pranay Jivrajka (COO, Ola), Maninder Gulati (CSO, OYO Rooms), Abhinav Sinha (COO, OYO Rooms), among others; and the company will use the funds raised for the development and launch of its wrist-wearable device called Blink

Read more - http://www.livemint.com/Companies/I2dtnRrwFSfqWi7SBFvE9J/Witworks-raises-seed-funding-from-Fireside-Ventures-Investo.html

Maini Precision gets private equity funding from Paragon Partners; skips IPO

August 25, 2016

Private equity firm Paragon Partners and unnamed co-investors have invested Rs 111 crore ($16.5 million) in Bangalore-based manufacturer and supplier of high-precision engineering components Maini Precision Products Pvt Ltd

Read more - http://www.vccircle.com/news/engineering/2016/08/24/maini-precision-gets-private-equity-funding-paragon-partners-skips-ipo

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/

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