Board member of Indian firm Infosys exits shares worth INR7.46 crore

Srinath Batni, a member of the Board of Directors of India-based IT services provider Infosys, sold 20,000 company shares for INR7.46 crore at the Bombay Stock Exchange (BSE).


India-based online baby store FirstCry scores $15M in Series C round

India-based online baby and kids store FirstCry.com scored $15 million in a Series C funding round led by Vertex Venture Management to expand its online, offline, and mobile presence.

As private equity buyers exit investments, Goldman Sachs sees wave of South African listings

Goldman Sachs Group Inc is predicting a flood of initial public offerings to be held in South Africa as private equity buyers divest their investments, Bloomberg reported.

Wikipedia co-founder picks up big stake in London mobile provider

Wikipedia co-founder Jimmy Wales picked up a big stake in London-based mobile provider The People's Operator (TPO) in a bid to expand into the US and other international markets.


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Menlo Park, California-based security startup Adallom bagged $15 million in a Series B funding round led by Index Ventures to boost its sales presence and development projects.
Private equity companies are among the rising number of investors looking to invest in the commercial real estate market in Germany where cash-strapped owners are forced to make deals, Bloomberg reported.
Arkansas, US-based meat processing company Tyson Foods acquired the assets of Warren, Michigan-based pizzeria Bosco's Pizza Co for an undisclosed sum, as part of its plan to expand its domestic food business.
Brent Williams, the chief executive officer (CEO) and president of Salt Lake City, Utah-based dental administrator Dental Select, has acquired all of the remaining shareholder stock in the firm for an undisclosed amount.
Liqvid e-Learning Services, an educational software maker based in India, has began talks with different venture capital firms for another round of equity funding, according to sources interviewed by The Economic Times.
San Francisco, California-based mobile security firm Bluebox Security snagged $18 million in a Series B funding round led by Tenaya Capital amid the growing bring-your-own-device (BYOD) trend that opens opportunities for security ventures in the tech market.
Madrid, Spain-based Wi-Fi sharing company Fon nabbed $14 from broadband chip maker Qualcomm Ventures to develop a new device that enables users to share music and broadband signals.
South Korea-based Bitcoin startup Korbit raised $400,000 in funding from several Silicon Valley investors including Tim Draper, Naval Ravikant, David Lee, and Barry Silbert, for the company's growth.
For Detroit, the road in and out of U.S. bankruptcy court is paved with casino money. For Detroit, the road in and out of U. S. bankruptcy court is paved with casino money.
Venture capitalists continue to look to Bangalore, Chennai and other companies located in the southern portion of India for deals, The Times of India reported.
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