Stamford, US-based collaborative business intelligence (BI) platform Decisyon Inc landed $22 million in its Series B financing led by Catalyst Investors to support its global expansion.
Deals
Chinese posture-correcting wearable device Giraffe Friend launches crowdfunding campaign on DemoHour
Giraffe Friend, a wearable device that reminds the user to correct bad posture to prevent backaches, launched a crowdfunding campaign on DemoHour and has already raised $14,000 (CNY87,527).
Samridhi Fund invests INR18 crore to help Kanungo Institute of Diabetes expand in India
Samridhi Fund invested INR18 crore in Bhubaneswar-based diabetes care provider Kanungo Institute of Diabetes Specialties (KIDS) to help the latter expand its services in rural India.
Seplat's listing is expected to spur IPO on Nigerian Stock Exchange
Seplat's public debut has been expected to increase IPOs on the Nigerian Stock Exchange, reported Ventures Africa.
Station 12 raising $250M to back growth rounds of media tech startups in Europe
UK-based growth capital fund Station 12 is raising $250 million (£150 million) for its new fund that will invest in the growth rounds of media tech startups in Europe.
Latest News
The Hunt received USD10 million worth of new funding from Khosla Ventures and Javelin Ventures, reported TechCrunch.
San Francisco, US-based social music apps maker Smule scored $16.6 million in a new funding round led by Roth Capital Partners to develop its products and fuel its expansion into Asia.
Ooomf changed its name to Crew and announced receiving USD2.1 million new funds, reported TechCrunch.
Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.
Genesis Media received new funding which was valued USD6 million for interrupting ads known as ContentUnlock, reported TechCrunch.
Zandesk revealed its plan to go public and its acquisition of Singapore's Zopim, reported Ventures Beat.
New round funds were given to AppDirect valued at USD35 million, reported TechCrunch. AppDirect has announced taking in USD35 million in fresh rounds of funds, reported TechCrunch.
Advanced Finance and Investment Group (AFIG) would raise USD200 million investment for SMEs in Africa in the next two years, said a report from Ventures Africa.
Kohlapur, India-based commercial bank Ratnakar Bank Ltd pocketed $54.6 million (INR3.28 billion) from foreign investors CDC Group and Asia Capital and Advisors through the sale of an undisclosed minority stake to fund its rural expansion.
