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India Deals: Learning Solution Provider Next Education India Buys Xolvr.com & 14 More Updates

Private equity (PE) fund Quadria Capital is in advanced talks to invest in at least four companies by the end of March, marking the full deployment of its $300 million South and South-East Asia focused fund.

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Here is a list of deals that happened in India Startup Ecosystem including funding, merger, acquisition, product launch & appointment etc.

1. Transport and logistics app TYGR has raised $3 Mn in a Pre-Series A funding round led by Franchise India, an Asian franchise and retail solution provider, and a group of fellow investors. Read More

2. Hyderabad-based learning solution provider for K-12 students Next Education India Pvt Ltd has acquired edtech startup Xolvr.com for an undisclosed amount. Read More

3. New Delhi-based APN Recruitment Solutions Pvt Ltd, the company that runs and operates Badiyajobs.com, is planning to expand its footprint into new territories and hire aggressively after raising $100K in funding from IIT-Madras alumni in April. Read More

4. Amazon.com’s e-book reader Amazon Kindle will now support content in Hindi, Tamil, Marathi, Gujarati, and Malayalam. With the move, the US-based Amazon’s Kindle will enter the growing digital regional content market in India. Read More

5. SirionLabs Pvt Ltd, an enterprise software-as-a-service (SaaS) provider which has most of its clients in the US and Europe, plans to aggressively push its products in India in the next 12 to 18 months. Read More

6. Healthcare technology firm CitiusTech has joined hands with IIT Bombay’s Society for Innovation and Entrepreneurship (SINE) to launch a healthcare innovation fund. Read More

7. Startup called LocalRamu raised 2nd Round of undisclosed amount of funding from existing investors and two new angel investors. Read More

8. T-Hub Hyderabad, in partnership with Anthill invites applications for the national finals of Global Mobile Challenge 2016, to be held in the T-Hub campus in Hyderabad on 9th & 10th of December, 2016. Read More

9. CoinTribe, Indian online lending marketplace, has appointed Pankaj Ghanshani as the VP and Head of Products of the company. Read More

10. Chitra Ramakrishna, managing director and chief executive officer of National Stock Exchange of India (NSE), the country’s largest stock exchange in terms of volumes, has tendered her resignation. Read More

11. Diagnostics services provider Core Diagnostics Pvt. Ltd. on Friday announced that it will raise $12 million from Eight Roads Ventures,US-based F-Prime Capital Partners and existing investor Artiman Ventures. Read More

12. Nasdaq-listed technology advisory services firm, Information Services Group Inc (ISG), on Friday said it has acquired Alsbridge Holdings, Inc for $74 million. Read More

13. Auto components maker Bharat Forge on Friday said it has fully acquired US-based Walker Forge Tennessee LLC (WFT) and PMT Holdings Inc, USA for a total consideration of $14 million. Read More

14. Private equity (PE) fund Quadria Capital is in advanced talks to invest in at least four companies by the end of March, marking the full deployment of its $300 million South and South-East Asia focused fund. Read More

15. Taxi hailing app Olacabs has partnered Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOCL) under which over 20,000 petrol pumps will accept payment through Ola's mobile wallet - Ola Money. Read More



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