Monthly Archive: June 2016

Budget hotel aggregator FabHotels gets $8 mn from Accel Partners, others

Tuesday, June 28, 2016/VCCiRCLE/- Gurgaon-based Casa2 Stays Pvt. Ltd, which operates budget hotel aggregator FabHotels, has raised $8 million (Rs 54.3 crore) in a Series A round of funding from a group of investors including existing investors Accel Partners and…
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Tata Realty, Standard Chartered Private Equity JV buys M3M land for Rs 250 crore

Jun 22, 2016/The Economic Times/- BENGALURU: A joint venture between Tata Realty and Infrastructure (TRIL), a subsidiary of Tata Sons, and Standard Chartered Private Equity has bought the commercial assets of Gurgaon-based builder M3M in a deal valued at Rs…
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Reliance Communications expects merger deal with Aircel shortly

Thursday, June 23, 2016/VCCiRCLE/- Reliance Communications Ltd said on Thursday it expects to sign a binding definitive deal for its proposed merger with smaller rival Aircel Ltd “very shortly”. The company, however, didn’t say whether it extended the exclusivity period…
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