Jabong appoints former eBay executive Muralikrishnan B as COO
Rocket Internet-incubated fashion e-commerce venture Jabong has appointed former eBay executive Muralikrishnan B is as its chief operating officer.He will report to CEO Sanjeev Mohanty and will be responsible for overseeing the technology, product and digital marketing functions, the company said in a statement.In his most recent role, Muralikrishnan was ......
Dr Agarwal’s Healthcare gets $45M funding from ADV Partners
Hong Kong-based private equity firm ADV Partners (ADV) has invested around $45 million (around Rs 305.7 crore) in Chennai-based healthcare company Dr Agarwal's Healthcare Ltd (AHCL), paving the way for the exit of existing investor Evolvence India Life Sciences Fund.A major chunk of the funds will be used to fund ......
Employee fitness app FeetApart gets angel funding
Bangalore-based FeetApart Wellness Pvt Ltd, which runs employee engagement and wellness platform FeetApart, has raised ......
Buildzar raises $4M in pre-Series A from Puneet Dalmia
Glow Homes Technologies Pvt Ltd, which runs Buildzar.com, an online marketplace for construction materials, has raised $4 million (around Rs 27.2 crore) from Dalmia Bharat Group's managing director Puneet Dalmia in a pre-Series A round of funding.Dalmia has made the investment in his personal capacity.The Gurgaon-based startup will use the ......
Restaurant deals aggregator Pocketin raises $150K in seed funding
Jetstartus Technology Pvt Ltd, which runs restaurant deals startup Pocketin, has raised seed investment of $150,000 from Hong Kong-based Swastika Company Ltd, the company said in a press statement.The new capital will be used to expand operations across Delhi, Noida, Ghaziabad and Gurgaon, build the core team and strengthen product ......
Shekhar Gupta, Barkha Dutt launch digital media venture ’The Print’
Shekhar Gupta, former editor-in-chief of The Indian Express newspaper, and NDTV's Barkha Dutt have joined hands to launch a digital media startup called 'The Print'.Dutt, who resigned from her position as group editor in NDTV in February 2015, is currently associated with the news broadcaster as consulting editor.The announcement was first ......
B2B e-com site OfBusiness raises $5M from Matrix, others
OfBusiness, an online marketplace for B2B commerce, has secured $5 million (Rs 34.2 crore) in Series A funding led by Matrix Partners India.Angel investors Apoorva Patni, Bhavish Aggarwal, Pranay Chulet, Prashant Malik, Rohit MA and Sumesh Menon also participated in this round of funding, OfBusiness said in a statement.The Gurgaon-based ......
InMobi, Snapdeal founders back agri supply chain startup Truce
Mumbai-based startup White Shadow Technology Pvt Ltd, which runs a fresh farm vegetables and fruits supply chain venture under the banner of Truce, has raised over Rs 2.5 crore ($370,000) in an angel round of funding.Snapdeal co-founders Kunal Bahl and Rohit Bansal, Shaadi.com founder Anupam Mittal, InMobi co-founder Amit Gupta, ......
SREI Alternative to float under $300M fund for distressed assets
Financial services firm SREI Alternative Investment Managers Ltd, part of Kolkata-based SREI Group, is looking to float a Rs 2,000 crore (about $291 million) fund to invest in debt instruments of stressed companies.The India Vision Fund will focus “on companies that can be revived through proper nursing”, the company said ......
KKR to swap stake in Dalmia Cement with listed parent
Private equity giant KKR is swapping its stake in Dalmia Cement for a piece of its public listed parent in a deal that would allow it to part exit, as per a stock market disclosure on Friday.The twin transaction would see Dalmia Bharat Ltd buying out KKR's 15 per cent ......
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