India Dealbook: AdUrCup raises seed capital; India Quotient closes second fund at $20m; Vivimed Labs to sell chem biz for $57m

Delhi-based AdUrCup has raised an undisclosed amount in seed funding from Dineout founders and others, while venture capital fund India Quotient is closing its second fund at $20 million. In yet another deal, Vivimed Labs Ltd plans to divest part of its specialty chemicals business for about $57 million (Rs 380 crore).