Search giant Google has acquired Sigmoid Labs Pvt Ltd, a Bengaluru-based startup that owns travel app Where Is My Train, the companies said on Monday. The terms of the deal have not been disclosed. — VCCircle Samvad Partners advised Sigmoid Labs Private Limited and its founders led by a team of part...

Mobile marketing company Affle (India) has acquired Bengaluru-based Vizury Interactive Solutions’ commerce business and brand in an all-cash deal, the company said in a statement. Affle (India), which had earlier filed papers for an Initial Public Offering (IPO), did not disclose the financials of t...

Worxogo, an enterprise start-up, has raised ₹16.5 crore in Series A funding from Inventus India and Ideaspring Capital. The company will use the funds primarily to scale its Artificial Intelligence (AI) engine Mia and enter the global markets. — Hindu Business Line Samvad Partners advised Inventus I...

Healofy, a pregnancy-parenting social network, has raised $1 million (Rs 6.4 crore) in seed funding from impact investor Omidyar Network, a company statement said. — VCCircle Samvad Partners advised Omidyar Networks led by a team of partner Neela Badami ; and associate Surabhi Rao . 2018-03-05 Deal ...

Bengaluru-based fintech startup Open Financial Technologies has raised an undisclosed amount of pre-series A funding led by Unicorn India Ventures and Recruit Co. Ltd, through its investment subsidiary RSP India Fund LLC. — Inc42 Samvad Partners advised Open Financial Technologies Private Limited le...

Samvad Partners advised RVCF India Growth Fund – RVCF Trust – III led by a team of partner Nivedita Nivargi; senior associate Samyuktha Damojipurapu; and associate Surabhi Rao.

Online furniture seller Wooden Street has raised $1 million in its Series A funding round from Rajasthan Venture Capital Funds (RVCF). The funding was supervised by Growth India Fund. reported Entrackr . Samvad Partners advised RVCF India Growth Fund – RVCF Trust - III led by a team of partner Nived...

“Sealing its debut investment, growth-capital firm The Fundamentum Partnership has poured $12 million (Rs 78 crore) in holiday-packages marketplace TravelTriangle. The investment company, which led the Series C investment round in the firm, was floated by Infosys co-founder Nandan Nilekani and Helio...

“Samunnati Financial Intermediation and Services Pvt. Ltd, a non-banking financial services company (NBFC) focusing on loans to farmers and entities engaged in agriculture, on Tuesday said it raised Rs150 crore in a round led by responsAbility Investments AG, with participation from existing investo...

“An NBFC focused on two-wheeler financing Wheels, EMI Private Limited … announced that it has raised Rs. 100 cr in Series B funding,” reported The Economic Times . Samvad Partners advised WheelsEMI Private Limited led by a team of partner Vineetha MG ; partner Aparna Ravi ; partner Neela Badami ; se...

“GMR Infrastructure Ltd (GIL) on Monday said it has settled an ongoing arbitration with the private equity (PE) investors in its airport business GMR Airports Ltd (GAL), a move that is expected to clear the decks for GAL’s initial public offer (IPO),” reported Mint . Link Legal India Law Services ad...

Udaan, “founded by three former senior executives of Flipkart, is in advanced talks to raise $225 million from existing investors DST Global and Lightspeed Venture Partners’ global fund, according to two people familiar with the development,” reported The Economic Times . Link Legal India Law servic...

“IDFC Alternatives, the private equity arm of IDFC Ltd, has bought a 40 megawatt (MW) solar power project in Madhya Pradesh operated by IL&FS Energy, two people aware of the matter said. Vector Green Energy, a company formed by IDFC Alternatives’ India Infrastructure Fund II to house its renewa...

Balaji Telefilms vice president legal Priyanka Chaudhari has joined Netflix Entertainment Services India LLP as its legal director and senior counsel in the regional intellectual property vertical yesterday.

“Online payment service PayU has acquired California-based financial technology company Wibmo for $70 million (Rs 483 crore). PayU, which is the fintech arm of South Africa’s Naspers would combine its merchant network and Wibmo’s digital transaction security solutions to offer payments solutions to ...

“Managed IT services provider Claranet has announced the purchase of NotSoSecure, experts in ethical hacking training and penetration testing for networks, web and mobile apps,” reported Infosecurity Magazine . Link Legal India Law services advised Claranet Group Limited led by a team of managing pa...

“Apollo Hospitals Enterprise Ltd has acquired a 50 per cent stake in Medics International Lifesciences Ltd, a 330-bed super-speciality hospital in Lucknow, for ₹91 crore,” reported Hindu Business Line . Samvad Partners advised Medics International Life Sciences Limited led by a team of partner Vinee...

“Mumbai-based FMCG startup QwikPik Technology, which owns and operates YumLane, has raised $4 Mn in a Series A round of funding led by Singapore-based family office RB Investments,” reported Inc42 . Samvad Partners advised Qwikpik Technologies Private Limited , which owns Qwikpik , and RB Investment...

MSD, an artificial intelligence-based company incorporated under the US laws, represented by its Founders, Ashwini Asokan and Anand Chandrasekhar, has raised Series B round of investment from its lead investor, Falcon Edge and its existing investors, Sequoia Capital Investments and Global Brains, ac...

“Private sector lender ICICI Bank has acquired a 9.9 per cent stake in fintech firm Arthashastra Fintech Private Limited for a cash consideration of ₹8.27 crore,” reported Hindu Business Line . “Private sector lender ICICI Bank has acquired a 9.9 percent stake in fintech firm Arthashastra Fintech Pr...