India Dealbook: Chennai Angels fund automation startup Silvan; HoE Wellness acquires Serena Spa

Photo: Mint

Silvan Innovation Labs, which develops security systems and smart phone-based solutions for home automation, has raised Rs 3.5 crore in funding from The Chennai Angels (TCA). In a separate deal, HoE Wellness Pvt. Ltd, a company which operates Spazure and Spa Express spas at airports, hospitals and hotels, has acquired Serena Spa.

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