Content portal Campus Diaries Raises $220K Funding from Aarin Capital, Others
Campus Diaries Media and Communications Pvt. Ltd, which owns and operates a content discovery portal targeted at school and college students, has raised Rs 1.5 crore ($220,000) from Aarin Capital and others in its second round of angel investment.
Ravi Mantha of Sagelock Investments and 3one4 Capital Partners, the family office of former Infosys finance chief and Aarin co-founder TV Mohandas Pai, also participated in this round.
The new capital will be used to develop the technology platform and make it a collaborative portal that helps the student throughout his life cycle, from admissions to jobs, as per VCCircle report.
The transaction was closed in March. Campus Diaries was founded in 2012 by Sumit Saurav, Sonic Prabhudesai and Raj Chourasia.
Jaipur Based Eternal Heart Care Centre Bags PE Funding
Eternal Heart Care Centre and Research Institute Pvt Ltd, which runs a tertiary care hospital in Jaipur, has received funding from the private equity arm of LIC Housing Finance Ltd, as per VCCircle report.
The company received upwards of Rs 100 crore from LIC Housing Finance's Urban Development Fund in the form of debt. Eternal Heart Care Centre is a 250-bed hospital that offers cardiology, cardiac surgery, neurology, neuro surgery, orthopaedic, joint replacement, spine surgery and critical care services, among others. The hospital was founded by Samin K Sharma, who previously worked as a cardiologist at Mount Sinai Hospital, New York, with which it now has a knowledge-sharing arrangement.
Biryani Blues Secures Bridge Round from Carpediem, Others
Gurgaon-based Thea Kitchen Pvt. Ltd, which runs quick service restaurant (QSR) brand Biryani Blues, has raised fresh capital in a bridge round of funding from a mix of existing and new investors, as reported by VCCircle.
Raymond Andrews, the firm’s director, said the company has raised the capital from private equity firm Carpediem Capital Partners and two high-profile investors. He said the firm has raised Rs 2.5 crore ($368,000) in this round of which Carpediem Capital has invested Rs 1 crore.
Biryani Blues currently operates five company-owned outlets in Gurgaon and two in Delhi. The firm is planning to have a dozen units in Delhi-NCR in the long term.
The company, which specialises in Mughlai cuisine, especially Hyderabadi biryani, had raised an undisclosed amount in Series A round of funding from Carpedium Capital last year.
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