India Dealbook: Siyaram buys rights of Italy’s Cadini; 500 Startups, Snapdeal founders fund Capabiliti; Snapdeal may invest in PepperTap

Visual sourced from Cadini website

Siyaram Silk Mills has bought ownership rights to manufacture and market Italian lifestyle brand Cadini in India, Sri Lanka and few other countries in West Asia. In the funding space, recruitment startup Capabiliti has raised $400,000 led by 500 Startups, Smile Multimedia and angel investors like Snapdeal Co-founders Kunal Bahl and Rohit Bansal, while on-demand grocery app PepperTap is close to finalising a new round from Delhi-based online retailer Snapdeal.

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