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March 26, 2016 SP Robotic raises Rs 2 crore from IAN, Chennai Angels
SP Robotic Works, a Chennai-based startup which provides robotic education to school students in the brand name called Kidobotikz, has raised Rs 2 crore from Indian Angel Network (IAN). Nagaraja Prakasam has led this round on behalf of IANand will also join the board of the company and Rajesh Navaneetham and MV Subramanian would also […]
NEWS March 26, 2016 Ratan Tata-backed Bollant to complete Rs 20 crore fund raising by April
ALSO READ Ratan Tata invests in TeaBox, joins boardRatan Tata’s love affair with start-upsOnline marketplace OfBusiness raises $5 million in Series-A fundingPai, Tata strike most deals as angel investors in 2015 Hyderabad-based Bollant Industries, in which Ratan Tata has made an investment recently, is planning to complete a Rs 20-crore fundraising in April to fund […]
ALL DEALS 
March 23, 2016 Infibeam’s Rs450 crore IPO subscribed 0.63 times on Day 2
A file photo of founder Vishal Mehta. The Ahmedabad-based e-tailer, which aims to raise Rs450 crore from the share sale, has run into problems with two of the four domestic investment banks opting out on concerns over pricing and timing of the issue. Mumbai: Infibeam Incorporation Ltd, the first Indian e-commerce firm to go public, […]
NEWS March 16, 2016 PinkBlue raises Rs1.5 crore from TermSheet.io
PinkBlue was founded in 2014 by Valliappan Kumarappan and Varun Singh. Mumbai: Bengaluru-based clinical supplies provider Pink Blue Supply Solutions Pvt. Ltd has raised Rs1.5 crore in a seed (early stage) round of funding from TermSheet.io, a transaction-focused service provider for start-ups and investors. A group of angel investors also participated in the funding round, […]
NEWS March 16, 2016 Flipkart invests another Rs338 crore in Myntra
For the year ended 31 March 2015, Myntra’s revenue grew 77% to Rs758 crore from Rs427.26 crore the previous year. Photo: Bloomberg In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra, according to documents filed with the Registrar of Companies. Myntra Designs […]
NEWS March 11, 2016 iBus Networks raises Rs15 crore
iBus is aiming to solve problems of connectivity through its four dimensional approach: Talk, Sync, Sense and Find. Bengaluru: iBus Networks and Infrastructure Pvt. Ltd, a provider of connectivity solutions inside buildings, has raised Rs.15 crore in a round of funding led by Vallabh Bhansali of Enam, N Squared Management LLC USA and the family […]
NEWS March 11, 2016 CarTrade raises Rs950 crore investment from Temasek and others
The company that was founded in 2009 by Vinay Sanghi is looking to use the funds to expand its offerings for users and dealers. Mumbai: Online auto classifieds company MXC solutions Pvt. Ltd that operates as Cartrade.com Wednesday said it has raised Rs.950 crore in a funding round led by Singapore-based investment firm Temasek and […]
NEWS 
March 11, 2016 Car pooling app Orahi raises Rs3.5 crore from IAN
The Orahi app allows private vehicle owners to choose passengers travelling in the same direction. The service costs Rs.3.5 per km, out of which Rs.3 goes to the car owner while 50 paise is earned by Orahi. New Delhi: Gurgaon-based Phonon Solutions Pvt. Ltd, which owns and operates car pooling app Orahi, on Thursday said […]
NEWS March 11, 2016 Ashoka University looks to raise Rs750 crore
The university started operations from its permanent campus and aims to have 2,000 students and 150 faculty members by 2020. New Delhi: Ashoka University, India’s first liberal arts university, is looking to raise a total of Rs.750 crore from businessmen, non-resident Indians and corporate social responsibility (CSR) funds of companies, in one of the biggest […]
NEWS March 11, 2016 Budget pegs Rs72,394 crore as education outlay for 2016-17
As part of the pending move, all education credentials of students from Class X onwards would be digitized and kept in a demat format. Photo: Priyanka Parashar/Mint New Delhi: The Union budget on Monday allocated Rs.72,394 crore to education in the 2016-17 financial year, an increase of around 5% over the 2015-16 estimate. Of the […]
NEWS March 9, 2016 Food delivery start-up Swiggy raises Rs230 crore in latest round
The funding comes at a time when venture capital firms have become more cautious about investments. According to industry experts, the mandate has now shifted to earning revenue and reducing cash burn. Food delivery start-up Swiggy, owned by Bundl Technologies Pvt. Ltd, has raisedRs.230.34 crore in a Series C funding round, with existing investors SAIF […]
NEWS March 9, 2016 Nykaa looks to raise Rs 100 crore, expand private label offerings
The company introduced on Tuesday its private label products in the bath and bodycare category. Nykaa.com, run by FSN Ecommerce Ventures Pvt. Ltd, is eyeing a near three-fold jump in revenue and is looking to expand its private label offering, as the online retailer of fashion and beauty products looks to turn profitable in the […]
