Deal Flow

By identifying locations (bars, restaurants, night clubs, even dentist offices) in which consumer traffic is highest, Playcez recommends events and activities that are most popular in a user’s respective city.

The company is an alumni of CIIE’s iAccelerator batch of 2011 and has also been awarded incubation from CEID, DA-IICT along with a seed funding of $50,000

The company said that the proprietary software developed by MakeSense Technologies will be used on Naukri.com to improve search results.

Currently the site attracts more than 7500 new registrations daily and the funds will be largely used to build our brand, expand geographically, offer new boards and create new products for existing customers

The fund floated by former head of Piramal Group’s PE arm Vikram Gupta, will become the lead investor in RML and Thomson Reuters will remain a shareholder in the newly formed RML Information Services Private Limited, the company said.

Mumbai based venture debt financing company IntelleGrow has raised little under $2 million form Michale & Susan Dell Foundation to finance small and medium social enterprises.

App search and discovery company Mobilewalla has raised $4 million in funding from Madrona Venture Group (an early Amazon investor) and the Indian Angel Network’s Venkat Raju, Google India head Rajan Anandan and Sharad Sharma along with Singapore government’s venture capital arm, according to a new report.

It was Screwvala’s first bet in the Indian ecommerce space, reports The Econoimc Times. The Delhi based startup had raised $4 million from IDG Ventures India in 2011. The $100 million Unilazer Ventures is a sector agnostic fund which has a focus on early to late stage startups.

In 2010, HolidayIQ had merged with Wego, a travel meta-search startup based in Singapore. The combined entity had raised series B funding from Tiger Global, the New York based growth capital fund.