The Venture Intelligence Blog

Aspada Investment Company has made a commitment of INR 20 Crores to Mumbai-based InI Farms Pvt Ltd which operates across fresh fruit value chains in crops such as pomegranate and banana. The company provides farm extension services for small-hold farmers coupled with post harvest management and processing for both domestic consumption and export markets. Aspada’s investment will allow the company to continue to build scale in the pomegranate and banana business units while expanding into other fruit categories.  The company has previously received venture investments from Unilazer Ventures and Aavishkaar along with angel investors like Pavan Vaish and Ashish Gupta. 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 Transact...

Ennovent Impact Investment Holding and Upaya Social Ventures have made a seed investment in Delhi based Anant Learning & Development. Anant Learning has been working amongst communities in the skill building space. With the primary focus on post training space in impact analysis, employment/livelihood facilitation, mapping of skilled manpower and assessments, the company has pioneered a technology-based post placement tracking and impact analysis tool enabling real time access to data collected from the field. 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.

By Sesh AV, Managing Director, Basiz Fund Services The finance bill of 2015, proposed by Shri.Arun Jaitley has made some important big bang reforms for the Private Equity & Venture capital Industry in India. An Industry that invests into the entrepreneurial community every year, has finally been recognized by the government as one of the important contributors to “The Make in India” Programme.   I would opine that this bill gives impetus to channeling domestic capital to vehicles like Alternate Investment Funds, that invest into risky areas that need venture and growth capital by introducing a level playing field between domestic and foreign capital. However there are shortcomings still, which one would hope will be considered for suitable rectification / modification.  Analysis of impact on Private Equity & Venture Capital industry  in India: • Foreign investment allowed in AIF The bill proposes to allow foreign investment i...

Mint has a blow-by-blow account. Hats off to Raghunandan G for being so open. Extracts from the article - that reminded me a lot of the John Maynard Keynes quote "Markets can remain irrational longer than you can remain solvent": Ola’s rival, across town, TFS, was watching the firm’s every move closely. Ola’s logic was clear. The company had raised Rs.250 crore in a round of funding in July 2014 and was burning money to get more customers and drivers on its platform. In the process, it was losing as much as Rs.200 on every ride.  ...On 1 November, TFS decided to play the game. It came up with a simple strategy. Thanks to the higher per km rates, consumers weren’t using the service for short distance travel. So, at the consumer end, TFS dropped rates. To Rs.49 for the first 4km and then Rs.14 per km. But at the driver’s end, it needed to incentivize drivers to pick up rides. So it held on to the old rates for drivers (Rs.200 for the first 10km). So if a customer was pa...

YourNest, via YourNest Angel Fund-Scheme I, is to invest up to INR 2 crore for a 20 % stake in Delhi-based GolfLAN Technology Solutions Pvt Ltd which runs golflan.com , an online community for golfers. The fund will subscribe to 92,212 Series A Compulsorily Convertible Preference Shares and 100 Equity shares at INR 217 each aggregating to INR 2 Cr, regulatory filings reveal. The target company has created an ESOP Pool which would constitute 15% of the share capital of the company on a fully diluted basis. Sunil Goyal of YourNest joined the board of the target in February 2015.  GolfLAN offers subscription based membership to golfers which allows them to play golf in various countries as well as e-tails golfing equipment. It clocked revenues of INR 1.43-Cr in FY14 compared to INR 60 Lakhs in FY13. Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuatio...

Rajasthan Venture Capital Fund (RVCF) has invested in Synergistic Financial Networks Pvt. Ltd which owns Mosambee, a Mumbai-based provider of mobile card payment services. Mosambee, founded in 2008 by Alok Arora, Bhushan Thaker & Sameer Chugh, enables mobile phones to function as card reading machines for real-time bill payments. The company plans to have over 250,000 users across India in the next two to three years and a presence in 10 geographies within the next 12 months.  From the Venture Intelligence PE Deal database: In April 2013, Mosambee had raised INR 4 Cr from SIDBI VC. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)  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 ...

March 11: Snapdeal in talks to acquire Komli Media for $300-M Economic Times March 12: Foxconn may invest $600-M in Snapdeal Business Standard March 16: Snapdeal in talks to acquire logistics firm GoJavas for Rs 200 crore PTI What's today's snap deal? Flipkart seems so last week! Actual / rumoured deals by these guys are what fills Page 3 of the business papers (formerly Page 1 - before Housing.com / Olacabs / Hotstar took that over). And of course, there's  the Uber style bad behaviour . 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.