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Venture Capital | 19 September 2014

ERP Solutions Provider Clonect Raises Funds From Former Infosys Executives

Bangalore based ERP Solutions provider Clonect Solutions has raised angel funding from two former Infosys executives Balakrishnan and TV Mohandas Pai. The company has raised a total of INR 15 Mn of which the INR 5 Mn came from these two.

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Private Equity | 19 September 2014

India Value Fund To Invest In Biocon's Research Services Unit Syngene International

India Value Fund Advisors through its investment vehicle Silver Leaf Oak (Mauritius) is acquiring 10% stake in Biocon’s research services subsidiary, Syngene International, for INR 3,800 Mn. The deal is subject to regulatory approvals.

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