Services

GenY Medium, a social media marketing services company in Hyderabad has received angel investment from Srinath Devireddy for minority stake.

Nepra Resources Management, a dry waste management company is planning to raise $9-10 Mn investment to fund its expansion plans, startupcentral.in states.

OCS Group is acquiring a minority stake in Central Investigation & Security Services Ltd. for R37 Cr, ET states.With this acquisition, CISS plans to enhance its presence and enable itself to provide complete service solutions to its clients in India.

Blackstone is supposedly in initial talks with Jet Airways to acquire stake in its frequent flier division, JetPrivilege, according to TOI sources.

Unitus Seed Fund along with Mumbai Angels and Bangalore Angels has made an undisclosed amount of investment in Bangalore based facility provider company, Jack On Block.

Hewlett Packard or HP, the global PC maker, is seen to be weighing options of selling stake in Indian firm, Mphasis, states Mint.

Ma Foi Connecting Dots is planning to raise $7 Mn PE investment to acquire boutique consulting firm in the finance space.

Aditya Birla Nuvo, which was planning acquisitions in the BPO space just halfway last year, has now come up with a plan to sell Aditya Birla Minacs, its BPO arm, BS states.

DB Desai & Co has signed an agreement to buy a large stake in Haribhakti group, ET stated.