Varun Beverages planned to invest USD300 million for a business expansion in South Asia and Africa, reported Ventures Africa.

Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.

US smartphone giant Apple Inc. had been in discussion with Renesas Electronics to buy a controlling stake in the company, according to a source familiar with the matter said a Reuters report.

Bitcoin derivatives trading platform BTC.sx has secured funding from Seedcoin Fund, BTC.sx Chief Operating Officer George Samman told Reuters on Tuesday.

Munich, Germany-based smart headphones The Dash broke its $260,000 crowdfunding goal on the Kickstarter platform by reaching a total of more than $3 million for the whole campaign.

Nashville, US-based Windy Hill Spirits Inc, the maker of American Born Moonshine, pocketed $6.1 million in new equity from undisclosed investors to continue producing high quality moonshine for its customers.

San Francisco, US-based venture fund Data Collective landed $125 million for its third fund that exclusively invests in big data and data science startups, according to a document filed with the US Securities and Exchanges Commission.

Lexington, US-based healthcare IT service provider Imprivata filed for an initial public offering (IPO) to raise $115 million on the New York Stock Exchange (NYSE).

Pasadena, US-based tablet mobile and gaming startup Industrial Toys scored $5 million in a Series A funding round from Accel Partners to launch a beta version of new title Midnight Star and add more content and titles to its portfolio.

Santa Clara, US-based startup Crossbar bagged $25 million in its Series C funding round to expand the memory of a postage stamp-sized chip to one terabyte and make it 20 times faster that the best flash storage at present.