Simplilearn, which provides online training and professional certification courses, has raised $10 million in Series B funding from Helion Venture Partners and Kalaari Capital. The company will use the money to diversify and expand its course catalogue to add more categories, add local team members in the US, the UK, Australia and West Asia, and improve its technology platform to make courses available on mobile devices.

The company has said it is on course to reach the Rs 100-crore revenue mark during 2013-14. Simplilearn offers round-the-clock online training, blended classroom training and exam practice tests, in over 80 courses across 11 major categories. To date, it has trained over 75,000 professionals in over 150 countries.

TPG Growth invests Rs 145 crore in Sutures India

TPG Growth, the mid-market and growth equity platform of global investment firm TPG, has invested Rs 145 crore for a significant minority stake in the Bangalore-based Sutures India Pvt Ltd. TPG Growth will be involved in helping Sutures India expand its product portfolio and drive its M&A initiatives. Sutures India makes, markets and exports surgical sutures, meshes, tapes and gloves and sells to more than 10,000 hospitals nationwide.

Hyderabad Angels, others invest in Thrillophilia.com

Hyderabad Angels, iLabs Venture Capital Fund, Navlok Ventures and Centre for Innovation, Incubation and Entrepreneurship (IIM-A) have invested in online travel portal Thrillophilia.com. With more than 400 activity-based tours and 1,000 off-beat travel experiences on the portal, Thrillophilia.com has served more than 50,000 travellers and 500 corporate clients in the last three years. The company has sold an undisclosed stake in an angel funding round for more than $200,000 to Hyderabad Angels.

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