Deal Alert: HCG buys majority stake in fertility clinic BACC

Bangalore-headquartered cancer care specialist HealthCare Global (HCG) has bought a majority stake in the Dr Kamini A Rao-founded Bangalore Assisted Conception Centre (BACC). BACC currently has had four centres in Bangalore. The new entity, called Milann - The Fertility Centre, will expand into many more towns and cities, including Tier-II and Tier-III ones.



HCG has some 27 hospitals across

Read More

Deal Alert: Online training & certification firm Edukart raises $500-K from Kima Ventures, others

Delhi-based Earth Education Valley Private Limited which runs online training and certification service Edukart, has raised $500,000 in seed funding from Kima Ventures, AKM Systems, One97 and angel investors. 



Edukart, founded in 2011 by Ishan Gupta and Mayank Gupta, sells courses online in different sectors including retail, finance, digital marketing and programming. 



Source:

Read More

Deal Alert: Blume invests in home furnishing portal Bedbathmore

Online home furnishing portal Bedbathmore.com, promoted by Encompass Design India Pvt Ltd, has raised Series A funding from Blume Ventures. Bedbathmore provides home furnishing products across various categories such as bed, bath and kitchenware. One can filter products based on brands, color, and design pattern. Bedbathmore caters to 3,000 locations and has a fulfillment house in Mumbai. 

Read More

Deal Alert: Cigniti acquires testing services firm Gallop

Publicly listed Cigniti Technologies Ltd has acquired fellow Hyderabad-based, software testing services focused Gallops Solutions. The deal includes the acquisition of Gallop Solutions Private Limited and its US unit Gallop Solutions Inc. Akasam Consulting advised the target on the transaction.



Gallop provides IT Application Lifecycle Management (ALM) services, with a particular focus on

Read More

Deal Alert: Rajan Anandan, Harvard Angels invest in online blood donation service Socialblood

Karthik Naralasetty's startup Socialblood, a platform that brings together blood donors and recipients, has received funding from Google India MD Rajan Anandan, Karthik Reddy of Blume Ventures, and Ravi Gururaj and Ramesh Shah of Harvard Business School Alumni Angels. 



Socialblood was founded in June 2011. It captures a donor's location and places it on a map. 



Source: Times of India

 

Read More

Deal Alert: Inventus, Mumbai Angels to invest $2-M in online tutoring service firm eDreams

eDreams Edusoft Pvt. Ltd., a Bangalore-based education technology company, has raised $2 million in a second round of funding from Inventus Capital Partners, with participation from existing investor Mumbai Angles. The company, established in 2010, offers online tutoring products using technologies such as Artificial Intelligence, Machine Learning, NLP and Speech processing. Its flagship

Read More

Deal Alert: US-based Concert Care acquires IT Services firm Novel Infosolutions

Tanveer Patel-promoted Concert Care, a Birmingham-based firm that helps modest-sized medical practices improve operations, will acquire Chennai-based Novel Infosolutions, a firm of 15 employees providing process automation solutions. The move is one of the three expected acquisitions this year for Concert Care.



Concert Care will receive the 8-9 clients that Novel has in Australia, Sweden and

Read More