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Asian Paints picks up 51pct stake in Ethiopian paint maker Kadisco

Mumbai, India-based decorative and industrial paint manufacturer Asian Paints (International) Ltd picked up a 51% stake in Ethiopia-based paint maker Kadisco Chemical Industry PLC for an undisclosed amount.


American golf products maker Dynamic Brands buys Canadian firm Riksha Golf

Henry County, US-based golf products maker Dynamic Brands Inc bought Calgary, Canada-based golf cart and accessory maker Riksha Golf Inc for an undisclosed sum to expand its portfolio of products.

China Haidian acquires London-based Swiss watch seller Dreyfuss in all-share deal

Kowloon, Hong Kong-based investment firm China Haidian Holdings Ltd acquired London, UK-based Swiss watch retailer The Dreyfuss Group in an all-share deal that will see the Dreyfuss brands expand into Asia.

Australian service marketplace Freelancer to add American firm Warrior Forum in $3.2M cash deal

Sydney, Australia-based outsourcing and service marketplace Freelancer will add US-based internet marketing forum Warrior Forum in a deal valued at $3.2 million in cash to provide an Internet business platform for its users.


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Woburn, US-based software firm SilverRail Technologies Inc bagged $40 million in its Series C funding round led by Mirthril Capital Management to develop a train ticket booking system.
Norcross, US-based behavior intelligence firm Brickstream raised $8.7 million in a new funding round to track and analyze the behaviors of shoppers in brick-and-mortar stores.
Just days after he was forced to lift the ban he enforced on Twitter, Turkey Prime Minister accused the social media network of tax evasion, and implied that YouTube and Facebook might be violating the country's laws as well.
Johannesburg, South Africa-based media firm Times Media Group (TMG) picked up a 49% stake in Nairobi, Kenya-based broadcasting company Radio Africa Ltd in a deal valued at $18.62 million ZAR1.58 billion.
Amsterdam, Netherlands-based business services provider TMF Group acquired Jakarta, Indonesia-based payroll and HR administration services provider PT Tass Axia Solusi for an undisclosed amount to expand its client base.
Unitus Seed Fund backed Mumbai, India-based dental clinic chain Smile Merchants with an undisclosed investment to develop the latter's hub-and-spoke system and fund its national expansion.
Wellington, New Zealand-based tech startup Loomio launched a $100,000 crowdfunding campaign on its own website to develop a mobile version of its open-source collaborative decision making tool.
Paris, France-based digital publishing firm Webedia added Lebanon-based digital media firm Diwanee for an undisclosed amount to help the latter reach out to women in the Middle East.
Kentucky, US-based tech startup You Saw Me became part of the accelerator program sponsored by Awesome Inc to enhance its marketing campaigns for its increased-visibility lighted vests.
Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
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