Investment

Educomp Solutions Limited-owned Educomp Online Supplemental Services Ltd sold its majority shareholding in Gateforum Educational Services Pvt Ltd to ASK Pravi Private Equity Opportunities Fund, the company informed the BSE. ASK ... Continue_Reading
iTiffin raises $1 million in seed funding Bangalore-based online meals service iTiffin.in raised $1 million in seed funding from an undisclosed large Indian family office, reports Techcircle. The startup said ... Continue_Reading
GrowthStory’s K Ganesh and Meena have acquired Bangalore-based offline design firm Bello Interiors Pvt Ltd and rebranded it as HomeLane, an online marketplace for fixed furniture. ... Continue_Reading
Online photo printing service provider ZoomIn has acquired San Francisco-based Photojojo for an undisclosed amount, reports The Economic Times. ... Continue_Reading
Chipmaker MediaTek will set up a new Research & Development (R&D) facility in Bangalore and has earmarked $200 million for investments in the country over the next few years. ... Continue_Reading
Product engineering and innovation services provider Altiux Innovations has acquired machine-to-machine (M2M) and converged cloud platforms (CCP) developer P-Device Systems for an undisclosed amount, reports Techcircle. ... Continue_Reading
Update: Hike CEO Kavin Bharti Mittal has officially confirmed this investment. He also claimed that Hike has now crossed 35 million registered users with over 50% active every month. Around 90% users ... Continue_Reading
Gurgaon-based Accentium Web* which operates the product discovery and price comparison portal PriceBag.com has raised $2 million in angel funding from undisclosed angel investors. ... Continue_Reading
Hyderabad-based information technology company Cyient Limited has acquired a majority stake in data sciences firm Invati Insights Pvt Ltd, the company informed BSE. Following the acquisition, Invati Insights will be renamed to Cyient ... Continue_Reading
Delhi-based e-commerce logistics solution provider Holisol Logistics has received $1.5 million investment from oil and gas professional Sundeep Bhandari through his company Datavision, reports the Economic Times. ... Continue_Reading
Pune-based online relocation services aggregator EZMove has raised Rs 1 crore in angel investment from a group of investors across Europe, US and India. ... Continue_Reading
Singapore-based social voice messaging company Bubbly (formerly known as Bubble Motion) has been acquired for an undisclosed amount by India-based mobile VAS company Altruist Group, reports TechInAsia. Last week, TechInAsia ... Continue_Reading