Monthly Archive: April 2017

Canada’s Clairvest buys majority in rummy portal Ace2Three for $74 million

APRIL 29, 2017/The Economic Times/- BENGALURU: Canadian investment firm Clairvest Group, along with other investors, has acquired a majority stake in Hyderabad-headquartered Head InfoTech which operates online rummy gaming company Ace2Three for $73.7 million (Rs 474 crore) in what will…
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Education solutions firm iNurture raises $1.5 mn from BlackSoil

27 April, 2017/VCCiRCLE/- iNurture Education Solutions Pvt. Ltd, a higher education solutions provider, has raised Rs 10 crore (around $1.5 million) in venture debt from Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd, it said in a statement. The funds…
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One97 Communications, owner of Paytm, set to raise over Rs 12,000 crore from SoftBank

APRIL 28, 2017/The Economic Times/- NEW DELHI: One97 Communications, owner of online payments provider Paytm, is set to raise over Rs 12,000 crore ($1.9 billion) from Japanese media and telecom conglomerate SoftBank in what will be the single-largest round of…
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TVS Logistics, Future Supply Chain Solutions enter talks to acquire Vulcan Express

APRIL 27, 2017/The Economic Times/- NEW DELHI | BENGALURU: TVS Logistics, one of India’s largest third-party logistics players, and Future Supply Chain Solutions, promoted by retail titan Kishore Biyani’s Future Group, are mulling bids for Vulcan Express, the logistics unit…
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