Indian tablet maker Swipe Telecom nabs $4.9M investment from Kalaari Capital

Pune, India-based tablet and phablet manufacturer Swipe Telecom nabbed a $4.9-million (INR30 crore) investment from Kalaari Capital to widen its market reach across the country.

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Indian software firm Persistent Systems invests in California hygiene startup Hyginex

Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its international expansion.

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Nexus to invest INR30 crore in Indian cybersecurity firm Uniken

Venture capital group Nexus Venture Partners will pour INR30 crore into Pune, India-based cybersecurity company Uniken to fund its expansion into Israel and the US.

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Indian firm LIC cuts stake in Bharat Forge

Indian state-run insurance firm Life Insurance Corp (LIC) sold a 2.001% stake in Pune-based metal forger Bharat forge in a deal valued at INR150.53 crore, reducing its total stake in the company to 5.0205%.

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Private equity firms Forum Synergies and Axon Capital pick up stake at Justeat.in

Two private equity firms, Axon Capital and Forum Synergies, together bought a minority stake in Bangalore-based online food ordering portal Justeat.in for an undisclosed amount.

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