A panel from the telecom ministry recommended cutting down the price for wireless spectrum in India.
Deals
Startup what3words gets USD 500,000 in seed round
Startup what3words raised USD 500,000 from angel investors to develop their location pinpointing platform.
Granify receives USD 1.5 million in seed funding
Software-as-a-Service platform Granify obtained seed funds worth USD 1.5 million from venture capitalists and angel investors.
Icon Venture Partners closes fund
Icon Venture Partners I was an oversubscribed investment fund for the purpose of investments in companies in key enterprise technology sectors.
Gainsight raises total of USD30 million in latest funding round
Bain Capital Ventures, Battery Ventures and Summit Partners contribute a total of USD30 million in the latest funding round of Gainsight.
Latest News
Propane supplier NGL Energy Partners LP acquires Gavilon LLC for its midstream supply business. NGL Energy Partners LP, the propane gas supplier, announced it would purchase Gavilon LLC, a pipeline company.
In one of highest volumes of corporate debt issuances on record, Sanofi and LVMH issue bonds yielding above prevailing rates.
Appboy planned to market its mobile relationship management platform product to international markets.
Paul Singer's Elliott Management Corp increased its shareholdings in German drug distribution firm Celesio AG.
Lion Biotechnologies sold common stock, common stock warrants and Series A Convertible Preferred Stock to institutional investors led by Quogue Capital LLC.
The Icon Technology Partners fund raised USD100 million to invest in early-stage business software startups.
Royal Dutch Shell South Africa GM Jan Willem Eggink confirmed the well drilling as well as the conduct of an environmental impact study.
App maker Mobile Accord intended to reach up to 100 million people by the end of this year, thanks to its recent USD6.6 million investment it received from unnamed investors.
Proceeds from Zomato's recent USD37 million funding would go towards business expansion in 22 countries, chief executive Deepinder Goyal told TechCrunch.
