MSME

MSME

IFC invests $15 million in CleanMax Solar

Opportunity India Desk Dec 02, 2017 - 1 min read

International Finance Corporation (IFC) has invested $15 million as its first equity investment globally in grid-connected distributed generation an equity investment in CleanMax Solar. This investment is in conjunction with the $100m investment made by Warburg Pincus, a global private equity fund, in CleanMax earlier this year. Kuldeep Jain, Founder and Managing Director of CleanMax ...

Share
MSME

Health-tech startup Healthbuds raises undisclosed amount from Kolkata-based angel investors

Opportunity India Desk Sep 29, 2017 - 1 min read

Health-tech startup, Healthbuds has raised an undisclosed amount from Kolkata-based angel investors Arun Patodia and Bharat Kedia. Healthbuds.in is a portfolio company of accelerator Neoleap Business Ventures LLP.The company’s pre-money valuation in this funding round was Rs 9 crore.The company was founded in 2013 by Somnath Dasgupta. Healthbuds, run ...

Share
MSME

?Innefu Labs aims to enter into Bangladesh and Sri Lanka markets

Opportunity India Desk Sep 29, 2017 - 1 min read

Delhi-based artificial intelligence startup Innefu Labs has raised $2 Mn Series A funding from IndiaNivesh Venture Capital Fund. With this move, IndiaNivesh will also acquire a minority stake in the company. IndiaNivesh is a $23 Mn fund that has invested in about five startups so far.Founded in 2011 by Tarun Wig and Abhishek Sharma, Innefu is ...

Share
MSME

MT Educare Ltd to use Rs.20 crore to pre-pay debt of its subsidiary CLIP

Opportunity India Desk Sep 29, 2017 - 2 min read

New Delhi-headquartered education services company, CL Educate Ltd, is seeking a valuation of Rs 708.84 crore ($107.11 million) through an initial public offering that opens next week.The IPO will begin on 20 March and close on 22 March. The anchor book will open one business day prior to the date of opening of the public ...

Share
MSME

Medanta to invest 750-1000 crore on a high-end hospital

Opportunity India Desk Sep 29, 2017 - 2 min read

Medanta-the Medicity, one of the super speciality healthcare chains of India, is evaluating the possibility of setting up a high-end hospital in Bhubaneswar.Though the exact site for the hospital is yet to be identified, Medanta chairman-cum- managing director Naresh Trehan indicated the investment could be anywhere in the range of Rs 750-1,000 crore on a ...

Share
MSME

Granules Pharmaceuticals Inc. to get USD20 mn from Granules India

Opportunity India Desk Sep 29, 2017 - 1 min read

Granules India has announced its move to invest USD20 million in its wholly-owned subsidiary Granules Pharmaceuticals Inc. The board informed the BSE about its move to invest in its US subsidiary.The Hyderabad-based pharmaceutical company registered a net profit of Rs. 39 crore during the third quarter ended December 31, 2016, a growth of 34 per ...

Share
MSME

?Leadburg raises undisclosed funding by the IvyCamp

Opportunity India Desk Sep 29, 2017 - 2 min read

Leadburg, a Bengaluru-based workforce development startup, has raised an undisclosed amount of funding led by the IvyCamp platform from enterprise tech veterans Harsh V. Pant and Ratheesh Raveendran.Anju Gupta, Co-founder and President at IvyCamp, said, "Our long-term vision is to be a partner of choice and enabler for early stage start-ups to achieve their business ...

Share
MSME

?Nexus, Blume Ventures invests USD 4.5 mn funds in Unacademy

Opportunity India Desk Sep 29, 2017 - 1 min read

Online learning platform Unacademy, run by Sorting Hat Technologies Pvt. Ltd., has raised $4.5 million (Rs 30 crore) in Series A funding led by Nexus Venture Partners and existing investor Blume Ventures, the company said in a statement.The platform allows educators to create courses using their app on various subjects, including exclusive content for various ...

Share
MSME

?Lohia Group and L'Occitane CEO invest USD 10 million on Square Yards

Opportunity India Desk Sep 29, 2017 - 2 min read

Gurgaon-based property search aggregator Square Yards Consulting Pvt. Ltd, has raised USD10 million from the Lohia Group and Andre Hoffman, the chief executive of cosmetics company L'Occitane.A group of unnamed investors also participated in the round. The company will use the funds to expand into newer international geographies and also strengthen its existing distribution network ...

Share
MSME

?Flipkart invests USD 1 milliom in a 3D Printing startup Supercraft 3D

Opportunity India Desk Sep 29, 2017 - 1 min read

Flipkart founder Binny Bansal, has reportedly invested in a 3D Printing startup Supercraft3D, pouring in USD 1 Mn (INR 6.6 Cr) into the company. Four other undisclosed angel investors also participated in the funding round.This is Flipkart’s fifth investment in the healthcare space. The Singapore-headquartered company was founded in 2016, by Maltesh Somasekharappa. The startup ...

Share