The founder & CEO of allschoolstuff.com, Mr. Manoj Chandra, shares the growth potential of selling school stuff online and growth story of allschoolstuff.com with Vishal Saxena. Tell us something about allschoolstuff what is it all about? AllSchoolStuff.com is India’s first online retail store for all school, learning and educational needs. The business is focused on redefining the educational supplies market ... Read More »
Venturenet Partners, an internet radio company which is a promoter of Radiowala and spot radio, has raised an undisclosed Series A funding from venture capital firm Ojas Venture Partners as reported by ET. Pavan Krishnamurthy and Raghu Batta from Ojas Venture Partners will join Venturenet’s board and the capital infusion is expected to be used to expand services and features of its direct-to-consumer radio service – ... Read More »
The International Finance Corporation, a member of the World Bank Group, today said it will provide $ 5 million or Rs 25 crore in debt financing to Mahindra Solar One Pvt Ltd for a 5-megawatt solar power project in Rajasthan. Mahindra Solar One is a joint venture between the Mahindra Group and Kiran Energy, a Mumbai-based solar power company founded by Ardeshir Contractor (former head of ... Read More »
Dell, the world’s third-largest computer maker, is looking for an India acquisition worth up to $1 billion (Rs 5,000 crore), part of a strategy to bolster its information technology services business and compete better against the likes of IBM and Accenture as reported by ET. The company is looking at a mid-sized Indian tech firm with revenues of $500 million to $1 billion or ... Read More »
Private equity firm 3i, announced an investment of $61 million (around Rs 300 crore) for a minority stake in a portfolio of road BOT (build-operate-and transfer) companies of Supreme Infrastructure India Ltd (SIIL). The investment was done through 3i’s $1.2 billion India Infrastructure Fund. SIIL has built over 400 km highways and currently sitting on Rs 5,700 crore order book. ... Read More »
You have an idea. Experience, passion, funds, name it and you have it, now what else do you need? To have an edge go, get a mentor. A mentor provides the required moral support whenever needed and a word of appreciation when you deserve it the most. Before finding a mentor do prepare yourself in terms of your needs and ... Read More »
The world’s largest asset management firm,Black Roack, will join hands with Hemendra Kothari’s DS Group to set up a private equity fund to do ‘classic PE deals’ targetted at mid-sized companies as reported by ET The partners have already formed a team and have begun identifying top executives to be hired as operating and deal partners. Two chief operating officers, armed with ... Read More »
After having met various small entrepreneurs, one question being frequently asked by most of them is, What is Private equity (PE)? For them the primary source of funding is family, friends and banks. Private equity houses too look for those companies which have a certain level of establishment and most importantly corporate governance which is missing in small companies. As ... Read More »
Venture capital firm Indian Angel Network (IAN) has announced that it will invest up to Rs.3.25 crore in Peel-Works, a sales manpower transformation and business process outsourcing (BPO) firm. According to a company statement, the funds will be utilized to expand product offering, creating technology differentiators and human capital. Mumbai-based Peel-Works aims to focus on enhancing productivity of indirect sales force of FMCG (fast ... Read More »
IOT Infrastructure & Energy Services Ltd (IOT), a joint venture between Indian Oil Corporation and Oiltanking GmbH, Germany has said it has raised Rs 100 crore through private equity from India Infrastructure Development Fund (IIDF), the private equity arm of UTI AMC. India Infrastructure Development Fund (IIDF), a Private Equity fund managed by “UTI Capital” has invested Rs 100 crore ... Read More »
Venture Finance Venture Finance
