PE investments slips 35 per cent

Financial Express 16 August 2012 Mumbai: The gloom on the economic front both domestically and abroad has resulted in private equity investments in the country falling 35 per cent during the April-June quarter, a report has said. Private equity funds invested USD...

Online tutorial Classle raises Rs 2.7 crore from Chennai Angels

Economic Times 24 August 2012 Chennai-based Classle, an online social network for learning, has raised $500,000 from Chennai Angels, as a first step toward raising up to $5 million as growth capital in about a year. Classle, started by IIT-Madras alumnus Vaidya Nathan...

NSE issues SME platform guidelines; first IPO to hit next week

The Economic Times 31 August 2012 National Stock Exchange today issued detailed guidelines for its new trading platform for shares of small and medium enterprises (SMEs), where the first Initial Public Offer by a company would begin on September 4. As per a circular...