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Aavya Ventures of US backs driving school aggregator Drivekool

TMT

10 January, 2017

Aavya Ventures of US backs driving school aggregator Drivekool

Bangalore-based online marketplace for driving schools, Drivekool, has raised an undisclosed amount in angel funding from US-based Aavya Ventures.The company ......

Venture Catalysts-backed CoutLoot buys fashion portal Once Again Store

TMT

10 January, 2017

Venture Catalysts-backed CoutLoot buys fashion portal Once Again Store

Mumbai-based MJVS Fashion Services Pvt Ltd, which operates used-apparel reselling platform CoutLoot, has acquired Bengaluru-based Stororo Services Pvt Ltd, for ......

Mayfield, Trifecta infuse $5 mn in e-surveillance firm Securens

Technology

10 January, 2017

Mayfield, Trifecta infuse $5 mn in e-surveillance firm Securens

Mumbai-based e-surveillance services provider Securens Systems Pvt Ltd has raised around $5 million (Rs 35 crore) from ......

PropTiger, Housing.com to merge in all-stock deal; get $55 mn fresh funding

TMT

10 January, 2017

PropTiger, Housing.com to merge in all-stock deal; get $55 mn fresh funding

Online real estate brokerage PropTiger.com and property listing portal Housing.com will merge in an all-stock deal that quickens the pace ......

Flipkart appoints former Tiger Global exec Kalyan Krishnamurthy as CEO

TMT

09 January, 2017

Flipkart appoints former Tiger Global exec Kalyan Krishnamurthy as CEO

E-commerce major Flipkart on Monday named Kalyan Krishnamurthy its new chief executive officer and made co-founder and current CEO Binny ......

Infosys trims revenue outlook as outsourcers brace for tighter U.S. regime

TMT

13 January, 2017

Infosys trims revenue outlook as outsourcers brace for tighter U.S. regime

Infosys Ltd, India's second-biggest software services exporter, pared its full-year revenue growth outlook as it fights uncertainties in its biggest ......

Flipkart's management rejig hints shift to margins over volume

TMT

13 January, 2017

Flipkart's management rejig hints shift to margins over volume

Even before he was appointed to run India's biggest e-commerce company, Kalyan Krishnamurthy had signaled a change: as head of ......

BlackSoil Capital backs Intelligence Node in its third venture debt deal

TMT

09 January, 2017

BlackSoil Capital backs Intelligence Node in its third venture debt deal

New Enterprise Associates (NEA) and Orios Venture Partners-backed retail analytics provider Intelligence Node Consulting Pvt. Ltd has raised $0.75 million ......

YourNest-backed GolfLAN makes second acquisition in 6 months

TMT

09 January, 2017

YourNest-backed GolfLAN makes second acquisition in 6 months

Delhi-based golf course aggregator GolfLAN has acquired its Singapore-based competitor GolfGreedy in a part-cash, part-stock deal, the company said in ......

Ronnie Screwvala ups stake in Lenskart, invests $3.5 mn more

TMT

09 January, 2017

Ronnie Screwvala ups stake in Lenskart, invests $3.5 mn more

Media entrepreneur-turned-investor Ronnie Screwvala’s Unilazer Ventures has invested Rs 24 crore ($3.5 million) in eyewear retailer Lenskart Solutions Pvt Ltd ......

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