Investment

eYantra Raises $7.8 M In Series B From Argonaut

By Diwaskar Chettri on March 12th, 2010 |

Hyderbad based merchandising and corporate gifting solution company eYantra Industries Ltd has raised $7.8 million in series B funding led by US based PE Argonaut Private Equity, reports Business Standard. ... Continue_Reading

Net 4 India To Raise Rs. 200M: Report

By Preethi J on March 8th, 2010 |

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BSE-listed web domain service provider Net 4 India will be attempting to raise funds by diluting its equity by 10 to 15%, in order to fund the expansion of its ... Continue_Reading

Spice Mobile Raising Rs. 7 Billion; JV With Blueberry

By Preethi J on March 5th, 2010 |

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A month after announcing the merging of NSE listed Spice Mobiles, the handset manufacturing division, with Spice Televentures, the company has revealed its plans to raise capital. It will ... Continue_Reading

DQ Entertainment IPO Opens On March 8; Challenges

By Diwaskar Chettri on March 5th, 2010 |

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Hyderabad based animation firm DQ Entertainment will be going public on March 8 with 16,048,011 equity shares of Rs. 10 each. Subscriptions will close on March 10, 2010. The ... Continue_Reading

July Systems Raises $7 M To Fund Mobile Publishing; Advertising Future?

By Nikhil Pahwa on March 5th, 2010 |

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Bangalore based July Systems has raised $7 million in Series C funding led by Intel Capital, alongwith Sequoia Capital and Footprint Ventures. The details of the investment were not disclosed, ... Continue_Reading

EdServ Takes Over SmartLearn Web TV For Rs 46M

By Preethi J on March 3rd, 2010 |

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After buying out Hyderabad-based education ERP provider Bridle Information and Technology Solutions (for its product SchoolMATE) last month and 2tion.com previously, BSE and NSE listed e-learning company EdServ SoftSystems is ... Continue_Reading

Updated: Reliance Mediaworks’ Hostile Bid For Fame

By Preethi J on March 3rd, 2010 |

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Updated: Reliance Capital Partners, Reliance MediaWorks Ltd and Reliance Capital purchased 11,830 equity shares, 0.03% of the equity share capital of Fame India at an average price of Rs 82.10 ... Continue_Reading

Meltwater Acquires Social Media Monitoring Co BuzzGain For $4 Million

By Diwaskar Chettri on March 3rd, 2010 |

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Norwegian software company Meltwater Group has has acquired social media monitoring company BuzzGain Inc. PC reports that the deal is worth $4 million including earn outs. BuzzGain is a California ... Continue_Reading

Affle Raises Strategic Investment From Japan’s Itochu Corp; Deployments

By Nikhil Pahwa on March 2nd, 2010 |

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Update: Responding to our query, Anuj Kumar, ED (South Asia) at Affle, informs us that all investors, including the Times of India group, continue to stay invested in the company. ... Continue_Reading

DQ Entertainment Pre-IPO Placement Raises Rs.256.9M

By Preethi J on February 24th, 2010 |

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Hyderabad based animation firm DQ Entertainment India is on its way to being listed on the BSE: it has has ended a pre-placement IPO round and raised Rs. 256.9 million by ... Continue_Reading

Netxcell Inks Africa Telecom JV With Sanitation Co AquaSan Tec

By Nikhil Pahwa on February 22nd, 2010 |

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Mobile VAS company Netxcell Ltd has announced a joint venture for the African market with AquaSanTec, a group of companies that delivers water and sanitation solutions in seven African countries: Kenya, ... Continue_Reading

Airtel-Zain: Payout Of $9 Billion Expected; $255.38 Per Customer

By Nikhil Pahwa on February 17th, 2010 |

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Airtel has set an enterprise value of Zain Africa at $10.7 billion, with $10 billion to be paid on closing, and $700 million to be paid one year after the ... Continue_Reading