IoT startup Briston Technomach nears pre-Series A funding
Briston Technomach Pvt. Ltd, a Delhi-based Internet of Things (IoT) startup, is in advanced talks to raise funding from a larger...
Ratan Tata, Ola founders back MadRat Games
Ratan Tata, chairman emeritus of Tata Sons Ltd and one of India's most active angel investors, and Ola founders Bhavish Aggarwal and Ankit Bhati have invested an undisclosed amount in Bangalore-based startup MadRat Games Pvt Ltd.Freshdesk CEO Girish Mathrubootham and Flipkart CEO Binny Bansal, an existing investor, also put money ......
Clearwater Capital Invests $10M In Waste Management Co Hydroair
Global private equity firm Clearwater Capital Partners is investing $10 million or around Rs 49 crore in Hydroair Tectonics (PCD) Ltd, a Mumbai-based water and solid waste water management, at least two sources briefed with the matter told VCCircle.However, the stake acquired by the PE firm and the valuation of ......
FreeCharge’s Kunal Shah backs on-demand chef hiring startup Cookifi
Bangalore-based online chef and cook hiring platform Cookifi, run by Commercio Connectivity Pvt. Ltd, has raised an undisclosed amount in seed funding from investors led by Kunal Shah, chairman of FreeCharge, and Aneesh Reddy, co-founder and CEO of Capillary Technologies.Other investors include Tracxn Labs, Venkat Tadanki, CEO of Secova, Krishna ......
BGR Energy Systems elevates A Swaminathan as CEO
Engineering firm BGR Energy Systems has announced key changes in its top management close to two months after its founder and chairman and managing director BG Raghupathy passed away. The firm has appointed A Swaminathan as the joint managing director and CEO of the company with effective from October 1, ......
Malaysia’s Khazanah Exits Yes Bank At Over 2x
Malaysian sovereign wealth fund Khazanah Nasional Berhad has made approximately 2.3 times its investment in Yes Bank by selling its entire holding of 4.17 per cent on Monday.The shares were sold through a bulk deal at 1.2 per cent discount to the stock price on Friday, which means at Rs ......
Marico Buys Paras’ Personal Care Brands From Reckitt Benckiser
Consumer products and services company Marico is acquiring the personal care brands, including Set Wet, Livon and Zatak among others, from Reckitt Benckiser for an undisclosed sum. Reckitt Benckiser had acquired these brands from Paras Pharmaceuticals as part of a bigger deal completed during April 2011.The FMCG major had acquired ......
Supertech runs into rough weather again as developers face tight scrutiny
North-based developer Supertech has faced another blow as the building plan for its 100-acre township—Upcountry—on the Yamuna Expressway has been cancelled after two successive CEOs of the Yamuna Expressway Industrial Development Authority (YEIDA) claimed that the plan was modified on the basis of a forged letter. The letter from 2011 ......
Escorts sells auto parts business to Badve Engineering
Farm equipment maker Escorts today announced divestment of its OEM and export business of auto product division to Pune's Badve Engineering.The company however did not disclose the deal size.The all cash deal is part of the company's planned strategic reorientation of the business to focus on core verticals in the ......
Student acquisition platform ExtraaEdge gets seed funding
ExtraaEdge Technology Solutions Pvt. Ltd, an edu-tech startup that helps educational institutions acquire students and increase admissions, has raised an undisclosed amount in angel funding from a group of investors including Ritesh Dwivedy, CEO of Petoo.in and Priti Padhy, global director of business intelligence and information management at Microsoft, a ......
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