Q Therapeutics closes $15 Mn in series B funding
Salt Lake City: Dr.Mahendra Rao cofounded Q Therapeutics, a biotechnology company pursuing cell-based therapies for the central nervous system (CNS...
Thursday, 21 February 2008, 12:39 Hrs
Agami Systems raises $45 Mn in series C financing
Sunnyvale: Agami Systems, a provider of enterprise network storage systems with integrated live file system replication announced that it has curr...
Wednesday, 20 February 2008, 12:30 Hrs
Rural Electrification's public share offer fully subscribed
Mumbai: The state-owned power sector lender Rural Electrification's (REC) initial public offer (IPO) was subscribed 1.62 times over within an hour ...
Thursday, 21 February 2008, 12:31 Hrs
MCX to raise $125 Mn via public offer
Bangalore: Multi Commodity Exchange of India, India's largest commodity exchange, has filed papers for IPO to raise $125 million (Rs 500 crore)from...
Tuesday, 19 February 2008, 12:51 Hrs
SBICAP and Softbank Investment form JV for $100 Mn fund
The investment banking subsidiary of State Bank of India (SBI), SBI Capital Markets (SBICAP) and Softbank Investment, the venture capital arm of Japan's SBI Holdings, have a formed a joint venture for a $100 million India fund. The fund will invest about $3 million to $10 million on growing companies in the knowledge sector that include BPO,...
FM may clear $5 Bn fund for Indian companies M&A play
New Delhi: In an attempt to embark on a merger and acquisition drive, the government is considering a sovereign investment fund with an initial corpus of $5 billion, which will be used to bolster the country's energy security by acquiring coal mines and oil and gas blocks abroad, reports The Economic Times. In this regard, Prime minister Manm...
Tano Capital may invest up to $25 Mn in Alufit
Bangalore: Bangalore based Alufit, a facade engineering player in the burgeoning real estate development market, may receive an investment of $20 m...
Prateek Group in talks with Sidbi VCF, others for PE
Hyderabad: In order to raise money for its expansion plans, the Bangalore based retail solutions provider Prateek Group is in talks with Sidbi Vent...
TVS Finance to raise $37.5-$62.5 Mn from strategic investor
Chennai: TVS Finance & Services, finance arm of TVS Group based in Chennai, will rope in a large Indian non-banking finance company as a strategic ...
