Tracking deals: LeapFrog to invest in IFMR Capital
Apr 08, 2014
Source : The Hindu

 

MUMBAI: LeapFrog Investments, a specialist investor in financial services in growth markets, will invest $29 million in IFMR Capital. The investment will enable affordable and efficient access to finance for millions of excluded households and businesses across India.

Ritu Kumar receives ?100 cr

Everstone, a leading India and South East Asia private equity and real estate investor, will invest ?100 crore for an undisclosed minority stake in Ritu Kumar, one of India’s leading fashion houses.

Chennai Angels invests in Skyfi Labs

The Chennai Angels, a network of wealthy individuals who invest in and mentor start-ups, has invested in Skyfi Labs, a Bangalore-based education products and services start-up. Spark Capital, a leading Chennai-headquartered full-service investment bank, has also co-invested in Skyfi, which will use the funds to cover 1,000 new colleges, increase and refine the course offerings and enhance back-end technology.

Everest Edusys raises ?5.7 crore

Everest Edusys, a venture focussed on experiential science education for children, has raised ?5.7 crore in Series A funding, led by Lok Capital, an impact investment fund. Chennai Angels is also a participating investor in this round. The funds will be used to set up science labs in schools across Tamil Nadu, Karnataka and Kerala, as well as to bolster research and development of science educational tools.

Amit, Arihant Patni invest in Waterfield

Amit Patni and Arihant Patni have invested an undisclosed amount for a significant minority stake in Mumbai-based Waterfield Advisors, a professional and institutional India-focussed boutique advisory firm. The money will be used to strengthen the firm’s family office services portfolio and also expand its offerings in the domestic market.

BlueStone.com gets Rs 60-cr funding

BlueStone.com, a leading online jewellery platform, raised the second round of VC funding of about ?60 crore led by Kalaari Capital. Existing investors Accel Partners and Saama Capital have participated in this round. BlueStone.com had raised $5 million in Series A in 2012, which was used to set up operations and marketing. The fresh round of funding will be used for marketing and establishing BlueStone as the leading online jewellery store in the next two years.

Motilal Oswal realty fund invests ?100 cr

India Realty Excellence Fund II LLP, managed by Motilal Oswal Real Estate Investment Advisors, has invested ?100 crore in two projects – a residential project of Ahuja Developers at Ambernath, near Mumbai, and in two residential projects of Mahaveer Group at Yelahanka and Bommanahalli in Bangalore.

IIFL Wealth buys stake in India Alt

IIFL Wealth Management has acquired a majority stake in India Alternative Investment Advisors, which is the investment manager to the India Alternatives Private Equity Fund. The IIFL group has also committed a significant contribution to the India Alt Fund. The India Alt Fund has an investment commitment of ?230 crore and it invests primarily in mid-growth stage companies.

Latest Realty News

Plan your investments at the start of the year
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MUMBAI: The beginning of a new financial year is a good time to revisit your portfolio and take stock of your finances. Early planning helps you earn more returns and prevents you running from pillar to post in the last week of the next March.
Banks score on rates, HFCs on amount
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SBI extends special home loan scheme for women
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Online property buying catches up
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Giving heritage homes a new lease of life
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Notices, bands net Rs 310 crore property tax in Pune
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The real cost of freebies
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Kompally: The developing area of Hyderabad
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