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Kotak buys a piece of Home Solutions

Kotak Mahindra Bank’s India Growth Fund has picked up equity worth $12 million in Kishore Biyani’s Home Solutions Retail India Ltd, which is set to roll out Home Town, its new format modelled on Home Depot.

This is the second … […]

Kotak PE pumps in Rs 100 crore in DRS

Hyderabad-based DRS Logistics is revving up plans to become a Rs 10,000 crore company by 2010.

Better known by its brand name Agarwal Packers and Movers, DRS has already has roped in Kotak Mahindra Bank’s India Growth Fund to pump … […]

Fino gets $5-million IFC investment

International Finance Corporation (IFC) has decided to invest up to $5 million in Financial Information Network & Operations (Fino), a technology service provider offering end-to-end IT solutions that help banks reach under-served rural markets in India.

“The investment comprises common … […]

GVFL invests in CEON Solutions

GVFL, India’s pioneer Venture Capital Company has invested in CEON Solutions Pvt. Ltd., a company incubated by the Centre for Innovation, Incubation and Entrepreneurship at Indian Institute of Management Ahmedabad (CIIE-IIMA).

 

CEON Solutions Pvt. Ltd. is a solution provider … […]

Cargill Ventures to invest in KPIT Cummins

KPIT Cummins Infosystems Ltd , a global IT consulting organisation, announced today that it has entered into definitive agreement with Cargill Ventures to issue shares of $4.5 million on a preferential basis, in addition to warrants convertible into shares of … […]

ICICI Venture picks stake in Electrotherm India

Electrotherm India Ltd on March 20, 2007 has announced that Venture Funds Management Company Ltd. has invested Rs 82 crore, through a private placement, to part fund its second phase of expansion plans of Rs 400 crores.

While ICICI Venture … […]

Trinity picks up stake worth Rs 82 cr in Fortis

Private equity firm Trinity Capital Plc has increased its stake in Shivinder Mohan Singh- promoted Fortis Healthcare Ltd to 4.24 per cent, by picking up an additional six million shares in the company for 10.3 million pounds (about Rs 82.4 … […]

PE funds in fray for Chennai co Cams

Standard Chartered PE, Citigroup Venture Capital International (CVCI) and Carlyle are in the fray to pick up a 15% stake in the Chennai-based Computer Age Management Services (Cams), the deal size of which is expected to be of the order … […]

Mobifusion Secures $3 Million In Series A Funding

Mobifusion, Inc., a global developer, publisher and distributor of mobile applications and technologies, has announced that it closed $3.1 million in Series A financing in 2006 from Emergic Ventures, Ingram Digital Group, Global Asia Partners and a major telecom company … […]

Investors in INX Media Pvt. Ltd – Newly launched

The investors in INX Media Pvt. Ltd which will have the entertainment and the music channels include Dunearn Investments, a wholly owned subsidiary of Temasek Holdings, NSR PE, a fund advised by New Silk Route Partners, New Vernon Private Equity, … […]