Deal Alert: Fashion e-tailer Zovi raises $10-M from SAIF, Tiger Global; acquires Inkfruit

Bangalore-based online fashion retailer Zovi has acquired Mumbai-based rival firm Inkfruit. Tiger Global and SAlF have pumped $10 million into Zovi post the merger. 



The SAIF incubated Zovi is an online private label brand modeled along China's blockbuster online fashion brand VANCL. This third round of investment brings the total funding raised by Zovi to $25 million.

Inkfruit is a

Read More

Deal Alert: Giftology raises seed round from Kiran Sidhu

Giftology, a New Delhi-based social gifting venture founded by Nikhil Sama and Aman Narang, has secured a round of funding from Kiran Sidhu, the Chairman of Transact Network. Sidhu, who had founded Transact in 2006, has made seed investments in various technology and biotechnology ventures. 



Giftology allows users to present redeemable gift vouchers (paid and free) to their friends. It makes

Read More

Deal Alert: Rural supply chain mgt firm MokshaYug plans to raise $10-M

MokshaYug Access (MYA), a rural supply chain enablement company in the dairy segment started by Harsha Moily, the son of Veerappa Moily, Minister of Petroleum and Natural Gas, is looking to raise Rs.50-60 crore by second half of 2013. The company had earlier raised Rs.40 crore from venture capitalist Vinod Khosla and Unity Equity fund. The company has launched its dairy brand, Milk Route. 

Read More

Deal Alert: 500Startups opens applications for Spring 2013 batch

Accelerator 500Startups is inviting applications for its spring 2013 batch. The accelerator, founded by super angel Dave McClure, will accept all applications through the Angel Lists applications platform. . Applications will remain open until March 1, 2013. This is for the first time that 500startups is going 100% open applications, as opposed to the referral network it generally follows.

Read More

Deal Alert: Health food chain Zao scouting for VC funding

Zao Foods Private Limited, a health food chain started by former investment banker Mitali Kalra, is scouting for venture capital investment for scaling up. The company is also looking for a rental place in Cyber City, Gurgaon, to open another outlet. Currently it has outlets in Hauz Khas Village and Greater Kailash in Delhi, with a turnover of Rs.25-30 lakh.

Source: Economic Times 
Are you at

Read More

Deal Alert: DoCircuits to raise $1.5 M

Sparsha Learning Technologies, an IIT-Kharagpur incubated company which operates the circuit design platform, DoCircuits, is looking to raise $1.5 million. Co-founded by its CEO Debabrata Bagchi, the company is among the 11 companies which were a part of Microsoft's Bangalore based Accelerator program. 



Source: Economic Times, Technorati



Are you at APEX? 

Where The Stars Foretell the

Read More

Deal Alert: VentureNursery announces second batch of start-ups

Angel-backed start-up accelerator VentureNursery has announced the newest batch of startups for its acceleration program - Interview Master, Klip, Smart Sample and The Venturator. 



Interview Master is a hiring application which uses automated video interview solution to create, administer, evaluate interviews online using pool of pre-recorded video questions and structured evaluation tool.

Read More

Amarchand, Khaitan & Co. Top League Table for Most Active M&A Legal Advisors in 2012

Amarchand & Mangaldas topped the Venture Intelligence
League Tables for Most Active Legal Advisor for M&A transactions for 2012
with 114 points (across

Read More

Ernst & Young, Ambit Top League Tables for Most Active M&A Transaction Advisor for 2012

Ernst & Young retained its status as the Most Active
Transaction Advisor for Mergers & Acquisitions deals in the Venture
Intelligence League Tables with 60

Read More

AZB, JSA Top League Table for Most Active Legal Advisor for PE Transactions in 2012

AZB & Partners retained its status – for the third consecutive year - as
the Most Active Legal Advisor for Private Equity transactions during 2012.
According to the Venture Intelligence League Tables, AZB finished the year with
116 points (across 29 qualifying deals). J
Sagar Associates vaulted to the second spot with 112 points (across 28
deals). Amarchand & Mangaldas and
Trilegal finished

Read More

Spark Capital tops PE League Tables as pure play financial advisor in 2012

Subscribe to: Comments (Atom)