The Economic Times

Indian startup Grabhouse helps people rent property without a broker

Mumbai, India-based real estate startup Grabhouse makes realty deals easier by helping young Indians find an apartment or flat for rent that is compatible with their needs without going through a broker.

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Indian travel portal takes home INR140 crore in fifth financing

Gurgaon, India-based online travel agency took home INR140 crore in its fifth funding round led by IDG Ventures India and Vertex Venture Holding to fund future acquisitions.

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Samridhi Fund invests INR18 crore to help Kanungo Institute of Diabetes expand in India

Samridhi Fund invested INR18 crore in Bhubaneswar-based diabetes care provider Kanungo Institute of Diabetes Specialties (KIDS) to help the latter expand its services in rural India.

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Indian commercial bank Ratnakar pockets $54.6M in minority stake sale

Kohlapur, India-based commercial bank Ratnakar Bank Ltd pocketed $54.6 million (INR3.28 billion) from foreign investors CDC Group and Asia Capital and Advisors through the sale of an undisclosed minority stake to fund its rural expansion.

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Indian startup Edsix uses games to improve children's cognitive skills

Chennai, India-based education startup Edsix Brain Lab wants to make it easy for children to improve their cognitive skills using their carefully researched and designed online and offline games under the brand Skill Angels.

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India Agribusiness Fund invests INR75 crore in Beloorbayir Biotech

Private equity firm Agribusiness invested INR75 crore in Bangalore, India-based nutraceutical and pharmaceutical ingredients supplier Beloorbayir Biotech for the latter's product development and international expansion.

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Times Internet backs Indian mobile education startup GradeStack

Uttar Pradesh, India-based Internet network Times Internet backed Noida-based mobile education startup GradeStack with an undisclosed amount to turn mobile education into a social experience.

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Tech Mahindra may buy minority stake in Indian social media analytics firm Simplify360

Indian IT services giant Tech Mahindra may buy a large minority stake in Bangalore-bases social media analytics firm Simplify360 for an undisclosed amount in a bid to boost its social, mobility, analytics, and cloud services (SMAC) portfolio.

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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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Indian payment solutions provider Innoviti nabs INR10 crore in debt funding

Bangalore, India-based payment solutions provider Innoviti nabbed INR10 crore in debt funding from Tata Capital and other investors from London and India to scale up its Middle East operations and beef up its management team.

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Indian mobile payment startup Ezetap raising additional capital from American Express

Bangalore, India-based mobile payment startup Ezetap Mobile Solutions is raising an unknown amount of additional capital from credit card giant American Express just a month after it had closed $8 million in its Series B round.

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Indian startup conquers e-grocery market in Noida, an Indian startup that has been operating for more than a year, is already making waves in the e-grocery market of Noida by achieving 300 daily clients that provide an individual volume of INR1,500.

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Indian jewelry e-tailer BlueStone bags $10M in Series B round

Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.

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Indian fabric firm Arvind closes acquisition of 49pct stake in Calvin Klein India for INR100 crore

India-based fabric and clothing firm Arvind closed the acquisition of a 40% stake in Calvin Klein India from the Murjani Group and Matrix Partners in a deal valued at INR100 crore, according to sources familiar with the deal.

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Indian speech-based software solutions provider Uniphore grabs funding from angel investors

Chennai, India-based local language speech-based software solutions provider Uniphore Software Systems grabbed an undisclosed amount of funding from angel investors Indian Angel Network, Ray Stata, and YourNest Angel Fund for its international expansion.

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