Big Indian Wedding Private Limited which runs wedding planning portal - BigIndianWedding.com has raised VC funding from unsiclosed Indian business family.
The funds raised will utilised to launch its e-commerce offering.
New Delhi based BigIndianWedding was founded by Ashish Abrol. It is wedding planning portal that provides one stop shop for all wedding planning need like finding the venue, caterer or wedding couture.
Star Health Insurance has raised R50Cr PE investment from ICICI Venture, Sequoia Capital and Oman Insurance. The funds were raised through a rights issue and the shares were allocated at a price of Rs 28.7, including the premium of Rs 18.7.
Aviva PLC, buys an additional 23 per cent stake in its Indian joint venture, Aviva Life Insurance Co. India Ltd., for about Rs 940 crore from Dabur Invest Corp. The transaction values Aviva Life at nearly Rs 4,087 crore. The deal was made in one of the foreign direct investment (FDI) proposals green-signaled by the government on7th March. Post the deal, Aviva Plc’s stake has reached to 49 per cent in the joint venture, the country's maximum permitted foreign direct investment limits.