The Venture Intelligence Blog

Kreata Global, a Facebook preferred marketing developer based in UAE, has acquired Flamingos Media, a Digital & Mobile marketing company based at Startup Village, Kochi. Flamingos Media, which has a 6-member team, offers services in the field of Mobile Applications, Facebook Applications, Social Media & Viral Marketing. Source: YourStory Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.

Boku, Inc., the global leader in carrier billing and cross-platform mobile payments, today announced the acquisition of Mumbai-based direct carrier billing firm, Qubecell. The agreement includes the purchase of all shares in Qubecell. All of Qubecell’s employees will be joining the existing Boku organization with the Founder & CEO of Qubecell, Ranjan R. Reddy, joining as part of the leadership team in Asia. The acquisition of Qubecell provides Boku with direct carrier billing connections with four of the largest carrier networks in India along with a number of key local merchant relationships. Boku is backed by leading Silicon Valley entrepreneurs and venture capitalists including Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures, and NEA.   Source: Press Release Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuati...

Hive Technologies, an investment and incubation firm backed by brothers Arihant Patni and Amit Patni, has made its first investment - in Bangalore-based Flutura, which provides data analytics solutions with a special focus on machine to machine communications and also in the oil and gas vertical. Hive offers seed financing of up to Rs 13 crore as well as technology and business support for data analytic start-ups. Source: Economic Times   Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.

Morpheus fund, which had invested INR 42 Cr in the multi-channel virtual retailer TVC Skyshop in August for a stake of 8%, had recently invested additional INR 10 Cr in the company. With the funding, TVC SkyShop has also expanded its footprints in the Middle East region through a pilot project. Samara Capital had invested in TVC Skyshop in 2007 and holds a 22% stake in the company. Source: Iamwire Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.

Blume Ventures and a few other investors have invested in VoxPopClothing, an e-commerce website that sells limited edition T-shirts related to superheroes. The site, launched in September 2013, is a licensee of character T-shirts for brands like Disney, Marvel, DC Comics and Star Trek. Apart from selling through their own website, the company is also offering t-shirts via ebay. VoxPopClothing is also running contests to crowdsource designs to be later sold on the site.  Source: MediaNama   Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.

Sequoia Capital India is investing over $15 million for a 20% stake in Jaipur-based consumer internet company Girnar Software , which owns internet portals Cardekho, Bikedekho and Pricedekho. Cardekho is focused on creating an experience for consumers buying a new or used car and focused on creating business value to dealers across India. It also facilitates car finance and insurance. Pricedekho and Bikedekho are newer offerings from the Girnar stable. Source: Times of India Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.

FabAlley.com, an online fashion brand for women, has raised seed funding from Indian Angel Network. The investment was led by IAN investor members Mohit Goyal and Tushar Singh. Tushar Singh would also be joining the company’s board. Launched in June 2012,  FabAlley offers design-differentiated and fashion clothing and accessories for women. The portal intends to use the investment to add new categories in both apparel and accessories and to increase depth in existing categories. The online fashion brand also plans to use the investment to improve its technology, supply chain capabilities, warehousing and marketing.  Source: Business Line   Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsle...