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Private Equity | 11 April 2012

Vienova Education Raises R15.7Cr from Bamboo Finance

by Irfan Khan
Vienova Education Raises R15.7Cr from Bamboo Finance
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Delhi based Vienova Education Private Limited has raised R15.7Cr from Bamboo Finance, managers of the Oasis Fund.

With this investment, Mr Keith Allman from Bamboo Finance, joins the board of Vienova. The company will use fund raised to expand it's services to 100 schools.

Grameen Capital India was the advisor to Vienova on this transaction.

Reliance Capital Acquires Stake In Titagarh Wagons For R27Cr

Reliance Capital Acquires Stake In Titagarh Wagons For R27Cr

Reliance Capital Trustee Company has acquired stake in Titagarh Wagons Limited through bulk deal on exchange.

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Druva raises $51m from Sequoia, EDBI and others

Druva raises $51m from Sequoia, EDBI and others

Sunnyvale, California-based Druva Inc., a cloud-first data protection solution provider, announced receiving $51 million in funding. This round of funding was led by existing investor Sequoia India, along with participation of new investors such as Blue Cloud Ventures, Hercules Capital, and Singapore-based EDBI. Existing investors like Japan’s NTT Finance (financial arm of Japanese telecommunications company Nippon Telegraph and Telephone Corporation), Nexus Venture Partners and Tenaya Capital also contributed to this round.

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