India Dealbook: MPower snags $100m debt from Goldman; Y Combinator backs Lokal

India Dealbook: MPower snags $100m debt from Goldman; Y Combinator backs Lokal

Photo: Reuters

Indian startups space is abuzz with deal activity. Goldman Sachs has extended $100-million debt to education financing company MPower while local news startup Lokal has received an undisclosed amount from Y Combinator.