VCCircle has learned that Pearson group is investing $12.5 million in Tutorvista. It's a strategic deal.
Microfinance is emerging as the most funded sector in recent times if the recent funding action is anything to go by.
The fund will invest in fast-growing markets such as India, Pakistan, South Africa, Ghana and Kenya.
In its final round, Aavishkaar has roped in Rockefeller Foundation and David Weekley Family Foundation as investors.
enStage is a provider of authentication and payment solutions in prepaid, online, and mobile payments.
SIDBI VC has also appointed Harsh Kaul, the former chief general manager of SIDBI, as its CEO replacing Ajay Kapur.
Dhama plans to use the raised funds towards the expansion of its sales and marketing capabilities.
In 2007, Microsoft Corp invested $240 million in Facebook, valuing the company at that time at $15 billion.
Clean Machine would continue to operate as a separate brand under iYogis umbrella.
The funds will be used to expand number of hospitals from current 7 to 20 hospitals across southern region.
Brand Calculus is promoted by Fazle Naqvi, who co-founded Indus League and was also involved with Madura Garments.
OLX raised its series-B round of $13.5 M in Dec' 08 from General Catalyst Partners, BVP, Founders Fund and DN Capital.
The fund targets an initial corpus of Rs 50 crore, the closing date being July, 31.
The film is based on the war for TRPs between various news channels and the business aspect of the media.
Deeya has till now raised more than $53M in total funding since it was founded in 2004
The fund is investing in non-cyclical sectors like non-formal education, healthcare, media and entertainment.
The firm is an online platform which aims to bring college and companies together for campus recruitment.
Currently, Bigtec derives its revenues from its SAP business, having a team of over 200 people.
The company is planning to launch a product in the area of cyber crime.
The deal also involves partial exit for some of BSFL's initial investors through a secondary sale worth Rs 20.2 crore.