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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

Media & entertainment firm Aadarsh buys stake in Vaw World Animation

October 14, 2016

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.

Read more - http://www.animationmagazine.net/features/aadarsh-acquires-stake-in-vaw-world-animation/

Digital media agency Gozoop in talks to acquire 56 Blue Lights

October 14, 2016

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.

Read more - http://www.dealstreetasia.com/stories/india-dealbook-83-55350/

Postman raises $7 Million in Series A from Nexus Venture Partners

October 14, 2016

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.

Read more - http://economictimes.indiatimes.com/articleshow/54840068.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Specialty condiments manufacturer and supplier Veeba Food Services raises INR 40 Crore from Verlinvest ,Saama Capital

October 14, 2016

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.

Read more - http://economictimes.indiatimes.com/articleshow/54843735.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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