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Narinder Kapur

Indian Angel Network adds ConceptOwl to ed-tech portfolio

TMT

24 June, 2019

Indian Angel Network adds ConceptOwl to ed-tech portfolio

The Indian Angel Network (IAN) has invested Rs 3.5 crore (around $500,000 at the current exchange rate) in education-technology startup ......

IDFC Parampara, Deepika Padukone & others invest in space-tech startup Bellatrix

TMT

23 June, 2019

IDFC Parampara, Deepika Padukone & others invest in space-tech startup Bellatrix

Bellatrix Aerospace, an Indian Institute of Science-incubated space-technology startup, has raised $3 million (Rs 21 crore) in a pre-Series A ......

Goldman Sachs-backed Dailyhunt buys hyperlocal content platform LocalPlay

TMT

21 June, 2019

Goldman Sachs-backed Dailyhunt buys hyperlocal content platform LocalPlay

Dailyhunt, an online platform which offers news and other content in Indian languages, has acquired hyperlocal-focussed peer LocalPlay for an ......

Podcast: M&A moves in financial services; flurry of VC deals

Investor Bulletin

21 June, 2019

Podcast: M&A moves in financial services; flurry of VC deals

There were some big-ticket transactions this week as mortgage lender HDFC agreed to acquire a 51.2% stake in Apollo Munich ......

Kalaari-backed AI startup Active.ai raises $3 mn in extended Series A round

TMT

21 June, 2019

Kalaari-backed AI startup Active.ai raises $3 mn in extended Series A round

Artificial intelligence-based financial services platform Active.Ai has raised $3 million (Rs 20.89 crore) from InnoCells, the venture capital arm of ......

Sundaram Finance to buy out partner BNP Paribas from housing finance unit

Finance

20 June, 2019

Sundaram Finance to buy out partner BNP Paribas from housing finance unit

Sundaram Finance Ltd said on Thursday it has agreed to acquire BNP Paribas Personal Finance’s entire 49.9% stake in their ......

Fuji Electric to acquire UPS maker Consul Neowatt from Peepul Capital

Manufacturing

20 June, 2019

Fuji Electric to acquire UPS maker Consul Neowatt from Peepul Capital

Fuji Electric Co. Ltd has agreed to acquire Consul Neowatt Power Solutions Pvt. Ltd, a Chennai-based maker of power backup ......

SAIF Partners leads seed funding round in fintech startup Finwego

TMT

20 June, 2019

SAIF Partners leads seed funding round in fintech startup Finwego

Education-focussed financial-technology startup Finwego has raised $1.7 million (Rs 11.83 crore at current exchange rates) in a seed funding round ......

pi Ventures, Kae Capital back AI-based mental health platform Wysa

TMT

20 June, 2019

pi Ventures, Kae Capital back AI-based mental health platform Wysa

Wysa, an artificial intelligence-based chat platform which focuses on mental health, has raised Rs 15 crore (around $2.15 million at ......

Equirus Securities appoints former exec at Malaysia's CIMB as equities head

Finance

19 June, 2019

Equirus Securities appoints former exec at Malaysia's CIMB as equities head

Equirus Securities, the research and institutional equities division of investment bank Equirus Capital Pvt. Ltd, has roped in Malaysian firm ......