05/09/2018

Persistent Systems buys Herald Tech

Persistent Systems has fully acquired US-based healthtech startup Herald Technologies Inc for around USD 5 million.
05/09/2018

Ebix acquires Miles for USD 19 million

Ebix, through one of its Indian subsidiaries, has signed an agreement to acquire Mumbai-based Miles Software for about USD 19 million.
05/09/2018

IIM-Ahmedabad’s CIIE backs sports footwear startup Heelium

Heelium Sports Pvt Ltd, a startup which makes customised running shoes, has raised an undisclosed amount in seed funding from Centre for Innovation, Incubation & Entrepreneurship (CIIE).
05/09/2018

Chinese accelerator invests in budget eyewear retailer ClearDekho

Online eyewear marketplace ClearDekho has raised an undisclosed amount in fresh funding from Chinese accelerator SOSV-MOX.
04/09/2018

India’s Oyo Rooms likely to get backing of Didi Chuxing to boost China presence

Hotel chain Oyo Rooms is expected to get the backing of Chinese ride-hailing giant Didi Chuxing in a fresh funding round.
04/09/2018

LT Foods raises around INR 140 crores from Rabo Equity for its organic food unit

LT Foods Ltd, known for its rice brand Daawat, has raised INR 140 crore from existing investor Rabo Equity Advisors for its wholly-owned subsidiary Nature Bio Foods Ltd (NBFL) in lieu of an equity stake.
04/09/2018

Manipal Group to acquire minority stake in Cigna TTK Health Insurance

Manipal Group will be acquiring a 16% stake in healthcare insurance provider Cigna TTK Health Insurance Co Ltd for an undisclosed amount.
04/09/2018

Singapore’s RB Investments bets on two Indian companies

Singapore-based boutique venture fund RB Investments has invested in management consultancy services firm Creando Associates Pvt Ltd and textile care company SB Fabcare.
03/09/2018

FinUp finances SlicePay in Series A, deal estimated at USD 15 million

Fintech startup Slice-Pay, which offers instant credit to students and young professionals, has raised Series-A funding  estimated at USD 15 million led by Chinese lending company FinUp Finance Technology Group.
03/09/2018

Lightspeed, DST Global inject fresh capital into B2B marketplace Udaan

Hiveloop Technology Pvt Ltd, which operates business-to-business e-commerce platform Udaan, has raised USD 225 million in its Series C round of funding from its existing investors DST Global.
03/09/2018

Online pharmacy NetMeds secures USD35 million from Cambodian business group, others

Online pharmacy NetMeds Marketplace Pvt Ltd has raised USD 35 million in a Series C funding round from Southeast Asian business conglomerate Daun Penh Cambodia Group.
03/09/2018

Anuj Puri, former Hines exec, RMZ family office float realty-tech fund

Anarock Property Consultants chairman Anuj Puri, former India head of realty firm Hines, Yash Gupta, and the family office of real estate group RMZ Corp, have together floated an early-stage fund focusing on realty tech.
03/09/2018

Arihant Patni, others back live entertainment firm Playtoome via Venture Catalysts

Playtoome, an online platform that lets users live-stream concerts and performances, has raised INR 2 crore in pre-Series A funding from a group of angel investors.
03/09/2018

Eagle Group, angel investors back drone startup Droni Tech

Droni Tech, a Mumbai-based startup that offers drone hardware based on artificial intelligence, has raised USD 500,000 in its first seed funding from Eagle Group and angel investors.
31/08/2018

Customer engagement platform Narvar raises USD 30m Series C led by Accel

Customer engagement platform Narvar has raised USD 30 million in a Series C financing round led by venture capital firm Accel.
31/08/2018

Realty veterans plan USD 100m early-stage fund to back Indian prop-tech startups

Real estate veterans Anuj Puri and Yash Gupta along with CapitalM plan to launch a USD 100 million early-stage fund to invest in companies in the expanding property technology (proptech) segment.
31/08/2018

IT solutions firm ONGO Framework gets angel funding, buys Hockystick

ONGO Framework, a business-to-business IT and digital solutions provider, has acquired Hockystick Media, a digital marketing agency for an undisclosed amount in a cash-and-equity deal.
31/08/2018

Mahindra Logistics picks up stake in transport management startup ShipX

Kedaara Capital-backed third-party logistics (3PL) solution provider Mahindra Logistics Ltd has invested INR 7 crore in freight management solution startup ShipX.
31/08/2018

Prime Venture Partners invests in logistics-tech startup WheelsEye

Technology-based logistics startup WheelsEye has raised INR 7 crore from early-stage venture capital firm Prime Venture Partners.
31/08/2018

Iron Pillar leads investment in device after-sales services firm Servify

Servify, a startup that offers brand-authorised after-sales service for devices, has raised USD 15 million in a Series B round led by Iron Pillar.
30/08/2018

Apple buys startup focused on lenses for AR glasses

Apple Inc has acquired Longmont, Colorado-based Akonia Holographics, a startup focused on making lenses for augmented reality glasses.
30/08/2018

MSDF pumps fresh capital into logistics marketplace Blowhorn

Global philanthropic organisation Michael and Susan Dell Foundation (MSDF) has infused INR 5 crore of fresh capital into intra-city logistics startup Blowhorn.
29/08/2018

Leap India raises INR 200 crore from Piramal Cap

Leap India, a logistics company that rents out pallets and large foldable containers, has raised INR 200 crore debt from Piramal Capital & House Finance and is in talks with private equity firms to raise equity worth another INR 250 crore.
29/08/2018

CitiusTech buys majority stake in FluidEdge

CitiusTech, a provider of healthcare technology solutions and services, has acquired a majority stake in FluidEdge Consulting, a healthcare management consulting company headquartered in Philadelphia.
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