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Today Deals: Tech Mahindra to Acquire US Based Healthcare Consulting Firm CJS Solutions Group & 12 More Updates

Hyderabad International Airport (HIAL) is looking to raise $350 million through high-coupon offshore bonds.

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

1. Mumbai-based Juno Clinic has raised about $1.2 Mn (INR 8 Cr) in Pre-Series A round of funding from Atul Nishar (founder of Hexaware Technologies & Aptech Computers) and other individual investors. Read More

2. Youzu Interactive a China-based gaming company is planning to enter the Indian market. Read More

3. Mumbai-based PickMe e-Solutions India Pvt Ltd has raised Rs 12 crore ($1.79 million) from SIDBI Venture Capital Fund, according to a filing with the Registrar of Companies. Read More

4. Flipkart is planning to ramp up its hiring efforts, a media report said. The Times of India reported, citing unnamed sources, that the company will hire 20-30% additional workforce in 2017. Read More

5. Gurgaon-based fashion and lifestyle discovery platform SummerLabel has raised Rs 1 crore ($150,000) in seed funding from a clutch of high net worth individuals. Read More

6. India-focused technology venture capital fund IDG Ventures India and Bangalore-based startup accelerator Axilor Ventures have come together to launch a programme to discover and fund early-stage startups in frontier tech sectors. Read More

7. Social media giant Facebook has selected express delivery platform mShipper, healthcare firm Touchkin and dating experiences platform CherishX for its FbStart programme. Read More

8. Cloud telephony firm Knowlarity Cloud Telephony has appointed former OYO Rooms executive Ajay Shrivastava as its chief technology officer. Read More

9. Software services provider Tech Mahindra Ltd on Monday announced that it will acquire US-based healthcare consulting firm CJS Solutions Group for an enterprise value of $110 million. Read More

10. PE major Blackstone Group is picking up a 15 per cent stake in K Raheja Corp‘s commercial and income producing portfolio for $250-300 million. Read More

11. Hyderabad International Airport (HIAL) is looking to raise $350 million through high-coupon offshore bonds. Read More

12. PE firm TA Associates and Fairfax Holdings have emerged as the top two contenders to acquire a stake in InterGlobe Technology Quotient (ITQ) for around $200 million. Read More

13. Airtel India has joined hands with Nokia to prepare for the next generation of communications '5G' and Internet of Things (IoT) in India. Read More

Read more here.

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