Last Month's Deals


Edtech Company INurture raises $4.3 million In Series C funding

Date posted: Thursday 1 February 2018

Bengaluru-based edtech company iNurture has raised $4.3 million in its Series C funding round. The round was led by Ventureast along with existing investors Bertelsmann India Investments and Ascent Capital. iNurture plans to use these funds to expand its unique e-Learning platform for Skill Centers and Distance Learning, and to expand its managed campuses business.


EID Parry, Synthite Industries sign agreement to form JV

Date posted: Thursday 1 February 2018

EID Parry, the Murugappa Group firm, has signed an agreement with Cochin-based Synthite Industries to set up a 50:50 joint venture firm for manufacturing value-added algae products. The JV firm will set up a manufacturing facility in Tamil Nadu with an investment of around Rs.40 cr. for the production of Phycocyanin, a natural blue pigment extracted from Spirulina.

(Economic Times)

Quess Corp acquires Monster’s business across India, SE Asia and Middle East and the Care business of HCL Services

Date posted: Thursday 1 February 2018

Quess Corp, an integrated business services provider, has signed definitive agreements to buy MonsterIndia and its business in South East Asia and the Middle East from Monster Worldwide Inc and the Care Business of HCL Services from HCL Infosystems. While the Monster acquisition complements Quess’s market leading presence in the HR services space by establishing end-to-end offerings across the Employee Lifecycle Management space, the acquisition of Care Business will augment its services capability in the Customer Lifecycle Management space.

(The Hindu)

Star Shopping to merge with Future Group’s retail infra unit

Date posted: Thursday 1 February 2018

Mall developer Star Shopping Centres is merging with Future Group’s primary retail infrastructure development unit, Future Market Networks. Star Shopping Centre is a subsidiary of Future Market Networks and is engaged in development and management of shopping centres and malls.

(Economic Times)

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