Wednesday 16 January 2013

Big deals on 15.01.13

1. Grey Orange Robotics (GOR), which develops warehouse automation systems, has raised an undisclosed amount in angel funding from a consortium of investors led by Blume Ventures and BITS Spark Angels, and other angels including the Hatch Group, Rajesh Sawhney, and Samir Sood.

2. On a day of festivities the India deal scene was abuss with as many as 6 deals. Ranging from intention to raise funds, to fund raising itself to even IPO, the deal space was abuzz with activity on Monday. Here’s the Deal Digest for 14/01/2013 -
  • MyTopTeacher looks to raise funding 
  • India’s first Technology Business Incubator (TBI), exclusively for non-residents Indians to be set up in Kerala
  • Adult lifestyle products site ThatsPersonal.com raises angel investment
  • OOH technology platform BookAdSpace raises angel funding from ad-tech executives
  • Online doctor appointments firm HelpingDoc.com looking to raise VC
  • Surat based Kavita Fabrics files for IPO at BSE SME


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