Nirvana Venture Advisors Acquires 10% In Games2Win
by Charmi Gutka
@Nirvana_Venture has acquired 10% stake in online gaming company - Games2Win from it's early stage investors - Nexus Venture Partners and @ICICIVentureFundss. Some senior employees of the company have also sold some shares to the new investor.
As part of the transaction, Amit Patni, co-founder of Nirvana Venture Advisors, will join the Games2win Board.
Founded in 2007 by Alok Kejriwal and Mahesh Khambadkone, @Games2win Private Limited had raised $5.5 Mn in Series A funding from Clearstone and Silicon Valley in 2007. It then raised Series B funding of $6 Mn from existing investors @ClearstoneVenture and Silicon Valley Bank (SVB India Capital Partners) in March'11.
Bangalore based cloud telephony startup - Exotel has raised R2.5Cr Series A funding from Mumbai Angels and Blume Ventures. The investors will take a 25% stake in the company, valuing the startup at R10Cr. Exotel offers a number to a company on which they can receive & make lots ...
Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.
DealCurry tracks financial and corporate markets for events, interprets and integrates the information in our platform, providing premium data, news and analytics. DealCurry provides comprehensive coverage of the capital markets through an intuitive, user-friendly interface.