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eYantra Raises $7.8M In Series B Funding From Argonaut

18x18 VCCircle News   2010-03-12
eYantra Industries Ltd, a Hyderabad-based brand merchandising and corporate gifting solutions company, has raised $7.8 million in series B funding. The round is led by Argonaut Private Equity, a US...
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News Roundup: Danish Co ISS Buys Majority Stake In SDB Cisco

18x18 VCCircle News   2010-03-11
Danish Co ISS Buys Majority Stake In SDB Cisco - Integrated Service Solutions (ISS), a Denmark-based facility management company, is acquiring a majority stake in security services firm SDB Ci...
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News Roundup: Jay Shree Closes In On Rs 120 Cr Buy

18x18 VCCircle News   2010-03-10
Jay Shree Closes In On Rs 120 Cr Buy - Jay Shree Tea & Industries, a BK Birla Group company, is close to acquiring a company in the agro-commodity space for roughly Rs 120 crore. The domestic a...
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BSNL May Launch PE Fund: Report

18x18 VCCircle News   2010-03-10
State owned telecom operator Bharat Sanchar Nigam Limited (BSNL) is planning to launch either a private equity or a venture capital fund to invest in start-ups in technology and IT space, reports t...
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News Roundup: Intelenet Acquires UK's FirstInfo For $67M

18x18 VCCircle News   2010-03-09
Intelenet Acquires UK's FirstInfo For $67M - Blackstone controlled Intelenet Global Services has acquired the back office operations of UK transport company FirstGroup for $67 million. FirstInfo ha...
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Spanish Owners Want Direct Stake in Pepe’s India Play

18x18 VCCircle News   2010-03-09
Spanish entrepreneur Carlos Ortega and private equity major Torreal, that control Pepe Jeans, will take direct control of Indian operations through a joint venture deal in which the foreign owners ...
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Fourcee Infrastructure Raises Rs 50Cr From Mayfield, SIDBI Venture

18x18 VCCircle News   2010-03-08
Fourcee Infrastructure Equipment Pvt Ltd, a Mumbai-based logistic provider, is raising Rs 50 crore from venture capital funds Mayfield India Fund and SIDBI Venture Capital Ltd. Fourcee, which offer...
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Aavishkaar Goodwell Hits Road To Raise $100M Fund

18x18 VCCircle News   2010-03-05
Aavishkaar Goodwell is hitting the road with its new fund which is seeking $100 million in commitments. The second fund from Aavishkaar Goodwell, a joint venture between India's Aavishkaar and Dutc...
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US Fashion House Kenneth Cole In Talks For Indian Partners

18x18 VCCircle News   2010-03-05
Global fashion houses are back to chasing the India story while recouping from battered consumer sentiments in the developed world. NYSE-listed Kenneth Cole Productions Inc (KCP), an American desig...
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Battery Ventures Raises $709M For 9th Fund

18x18 VCCircle News   2010-03-04
Battery Ventures, a Boston-based venture capital firm, has raised $709 million for a new fund. It targets another $40 million for the fund, according to a report in Boston Business Journal. The new...
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Acumen Fund Invests In Cleantech Firm Husk Power Systems

18x18 VCCircle News   2010-03-04
Acumen Fund, a New York-based non-profit venture capital fund, is investing $375,000 (Rs 1.71 crore) in Husk Power Systems (HPS), a Patna-based company engaged in rural electrification and power ge...
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Reliance Technology Ventures To Turn Sector Agnostic

18x18 VCCircle News   2010-03-03
Reliance Technology Ventures Ltd, the corporate venture capital arm of the Reliance ADA Group, is rebranding the company as Reliance Venture Asset Management Ltd. This move essentially signifies th...
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V G Siddhartha Closing $75M First Round PE Deal In Coffee Day Holdings

18x18 VCCircle News   2010-03-03
Serial entrepreneur  V G Siddhartha is closing a $75-million private equity transaction in Coffee Day Holdings, the holding entity for most of his business operations spread across retail, fin...
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Test Prep Firm Career Point To Make Market Debut

18x18 VCCircle News   2010-02-26
Test preparation firm Career Point Infosystems Ltd is hitting the markets with a Rs 115-crore initial public offering (IPO). The firm has filed the draft red herring prospectus (DRHP) with the Secu...
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News Roundup: GlobalLogic Eyes $40 Mn Acquisition

18x18 VCCircle News   2010-02-25
GlobalLogic Eyes $40 Mn Acquisition - GlobalLogic Inc, a product development outsourcing company, said it has renewed its listing plans with improvements in capital markets and is also in advanced ...
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What The PE Industry Wants From The FM

18x18 VCCircle News   2010-02-25
Ahead of Budget 2010-11, the venture capital and private equity industry is watching for cues and policy changes that may have a significant impact on their investments or portfolio companies. Whil...
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Elephant Capital Chasing Majority Stake Opportunities

18x18 VCCircle News   2010-02-25
Elephant Capital in its preliminary financial results for the year ended August 31, 2009 restated that it is still pursuing opportunities where it can pick a majority stake even as it has a minorit...
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Venture Capital Industry Bodies Merge

18x18 VCCircle News   2010-02-25
The Indian Venture Capital Association (IVCA) has announced the merger of Global India Venture Capital Association (GIVCA), formerly known as US-India Venture Capital Association (US-IVCA) with its...
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News Roundup: StanChart, BofA Buy 3% Each in United Exchange

18x18 VCCircle News   2010-02-24
Sula Wines To Raise PE Funds - Nashik Vintners Pvt. Ltd., which is known for its Sula wines, is looking to raise private equity capital through the issue of new shares to expand into tier II cities...
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PE-Backed Home Solutions To Merge With Pantaloon Retail

18x18 VCCircle News   2010-02-24
Kishore Biyani's Pantaloon Retail (India) Ltd is merging its subsidiary Home Solutions Retail (India) Ltd with itself.  India's largest retailer said, in a filing to to the exchanges, that its...
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