Tech Mahindra buys 51% stake in Comviva

Sep 25, 2012 | India, News

Business Standard 18 September 2012 Tech Mahindra, on Monday announced the acquisition of 51 per cent stake in mobile value-added services (VAS) provider Comviva Technologies, a Bharti Group company, for Rs 260 crore. The acquisition is expected to shore Tech...

MFI IntelleCash buys 60% stake in Arohan

Sep 25, 2012 | India, News

MyDigitalFC 15 September 2012 In what can be seen as the first consolidation move in the Rs 20,000 crore-plus micro finance industry, IntelleCash Microfinance Network Company (P) Limited, an arm of the Intellecap group of companies, has bought 60 per cent stakes in...

Maxwell Biotech VC fund finances fight against bronchial asthma

Sep 25, 2012 | News

Marchmont News 21 September 2012 Maxwell Biotech, a Russian VC fund, has decided to invest in Eleventa, a start-up established earlier this year to develop and commercialize drugs to treat bronchial asthma and some other respiratory allergic diseases, the official...