Italy’s IMA Dairy & Food acquires Pune-based Hassia Packaging as part of global deal
Italian company Industria Macchine Automatiche SPA (IMA), which provides packaging machinery, technology and services, has acquired Hassia Packaging India, a Pune-based company as part of its global acquisition of Hassia's parent OYSTAR Group.Post acquisition, Hassia Packaging will be known as IMA Dairy & Food Holding Hassia India and the deal ......
Final agenda for VCCircle Consumer Investment Summit 2015; 2 days left to book your seat; register now
The final agenda of VCCircle Consumer Investment Summit 2015 covers innovations, investment trends, emerging ......
Strides Arcolab to buy Aspen’s generic pharma business in Australia for $300M
Strides Arcolab Ltd has inked a deal to buy South African drugmaker Aspen Pharmacare's generic pharmaceutical business in Australia together with certain branded pharma assets for A$380 ($300 million or around Rs 1,900 crore), it said on Thursday.This is the sixth-largest overseas acquisition in the pharma sector by an Indian ......
Water purification solutions firm Swajal raises $1.2M in Series A round
Swajal Water Pvt Ltd, a Gurgaon-based water purification solutions firm, has raised $1.2 million (Rs 7.5 crore) in its Series A round of funding led by Abhishek Gupta. Existing investors like solar engineering and consultancy company Saurya EnerTech among others also participated in the round.Swajal will use the funding for ......
US-based cloud software startup Rancher raises $10M from Mayfield, Nexus
US-based startup Rancher Labs Inc, which is developing open source container infrastructure software, has raised $10 million in Series A funding round from early-stage venture capital firm Mayfield and Nexus Venture Partners, according to a press release.The startup will utilise the funding to bolster its product development efforts and expanding ......
Housing.com close to acquiring RealtyBI
Mumbai-based startup Locon Solutions Pvt Ltd, which runs online property search venture Housing.com, is close to striking its second acquisition in as many months by snapping real estate intelligence service firm RealtyBI for under $3 million, sources told VCCircle.RealtyBI, also known as Realty Business Intelligence, is run by Delhi-based Realty ......
Last minute hotel bookings app NightStay raises $500K in seed funding
NightStay.in, a mobile-based marketplace for last-minute hotel bookings, has raised around $500,000 in seed funding led by Vivek Bihani of Bedrock Venture Management Pvt. Ltd.Rajesh Sawhney, founder of GSF, and Shailesh Vikram Singh, executive director of SeedFund, also participated in the funding, as per a press statement.NightStay Travels Pvt. Ltd, ......
Zeotap secures $6.4M in Series A funding from Capnamic Ventures, Iris Capital, others
Zeotap GmbH, a startup that leverages its global technology centre in Bangalore to help telecom operators activate and monetise their data assets, has raised $6.4 million in a Series A funding from Capnamic Ventures, Iris Capital and other investors.The company will use the money to expand internationally, grow its Bangalore ......
Apparel renting portal Klozee raises seed funding from TracxnLabs
Klozee.com, an online platform which rents out designer apparels, has secured an undisclosed amount in seed funding from startup incubator TracxnLabs and other unnamed angel investors. Bangalore-based Klozee will use the funds to venture into Mumbai and Delhi within a month.“We are enabling women to wear something new and fashionable every time ......
Online P2P lending marketplace Faircent raises $250K from Singapore-based M&S Partners
Fairassets Technologies India Pvt Ltd, the company behind peer-to-peer lending marketplace Faircent, has raised $250,000 (Rs 1.52 crore) in its pre-Series A funding round from Singapore-based M&S Partners Pte. Ltd.The deal values the Gurgaon-based company at $8 million (Rs 50 crore), as per a press statement.Faircent would use the money ......
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