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Villgro Innovations invests in healthcare technology startup Windmill Health

Villgro Innovations invests in healthcare technology startup Windmill Health

May 27, 2013 | India, News, South & Central Asia

VC Circle 24 May 2013 Chennai Villgro Innovations incubates startups, innovators and social entrepreneurs for early stage growth. Chennai based Villgro Innovations Foundation has invested an undisclosed amount in Windmill Health Technologies, a startup which creates...
India Venture Advisors acquires stake in Dr. Ramesh Cardiac & Multispecialty Hospital

India Venture Advisors acquires stake in Dr. Ramesh Cardiac & Multispecialty Hospital

May 27, 2013 | India, News, South & Central Asia

VC Circle 24 May 2013 Ajay Piramal Group-promoted India Venture Advisors (IVA) has acquired stake in Andhra Pradesh-based Dr. Ramesh Cardiac & Multispecialty Hospital Pvt Ltd (DRCMH) through subscription of equity shares. However, the deal value has not been...
Essar Oil to sign fuel-for-cash deal with China Development Bank

Essar Oil to sign fuel-for-cash deal with China Development Bank

May 21, 2013 | Asia, China, East Asia, India, News, South & Central Asia

Financial Times 20 May 2013 India’s Essar Oil, a division of London-listed Essar Energy, is set to announce an unusual debt financing deal with state-run China Development Bank, in a further sign of deepening financial ties between Asia’s two largest emerging...
Travel media firm Skift raises $1.1M in seed funding led by Lerer Ventures

Travel media firm Skift raises $1.1M in seed funding led by Lerer Ventures

May 20, 2013 | India, News, North America, South & Central Asia

VC Circle 15 May 2013 With this round of funding, the total amount raised by the company exceeds $1.5 million. Skift, a New York-based travel intelligence media company that offers news, insight, data, tools and services to the travel industry and also caters to...
Nalanda Capital buys around 8% stake in auto ancillary firm NRB Bearings

Nalanda Capital buys around 8% stake in auto ancillary firm NRB Bearings

May 20, 2013 | India, News, South & Central Asia, Southeast Asia

VC Circle 17 May 2013 Singapore-based private equity firm Nalanda Capital has picked up nearly 8 per cent stake in auto ancillary firm NRB Bearings through a deal on Thursday. Nalanda India Equity Fund acquired 7.96 per cent stake in the company for Rs 27.02 crore....
Local search engine Just Dial’s Rs 950-cr IPO opens tomorrow

Local search engine Just Dial’s Rs 950-cr IPO opens tomorrow

May 20, 2013 | India, News, South & Central Asia

Business Standard 19 May 2013 The estimated Rs 950-crore IPO of local search engine Just Dial will begin tomorrow and is one of the largest initial public offers by an Indian Internet company. The IPO, which does not have issue of fresh shares, would see promoters...
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