India Dealbook: Klassroom to raise $2m; FMO backs Samunnati; Hetero, Servify in M&A

Edtech startup Fusion Klassroom Edutech Pvt. Ltd. plans to raise $2 million to further expand its operations while Samunnati Financial Intermediation & Services Pvt. Ltd has raised $5 million in debt funding from Dutch development bank FMO. In the M&A space, Hetero Group has acquired Spain’s Tarbis Farma while Servify has acquired iService, a service and repair startup for smartphones and portable devices.