While venture capital funding for healthcare influenced by information technology or HIT is more pronounced in the US, venture capitalists are also showing interest in the niche in India, The Hindu Business Line reported.
Finance/Venture
Two Las Vegas casinos will start accepting Bitcoin
The D and the Golden Gate casinos in Las Vegas, Nevada will be accepting Bitcoins to pay for goods and services beginning on Wednesday, January 22, RT reported.
Investors see better, cheaper payment technology potential in Bitcoin- report
Investors see in Bitcoin the potential to provide a payment technology that could undermine the dominance of Visa Inc, Western Union or Citigroup Inc in the industry, Bloomberg reported.
Africa's biggest retirement fund administrator exits stake in Swiss unit of Lane Clark & Peacock ahead of IPO
Johannesburg, South Africa-based independent retirement fund administrator Alexander Forbes Ltd sold its 60% holding in Lane Clark & Peacock's Swiss unit for an undisclosed sum last year, ahead of a 2014 initial public offering (IPO).
New research showcases benefits of crowdfunding for entrepreneurs
New research from Capital Crowdfund Advisors showed that entrepreneurs who crowdfunded did very well, getting an increase in sales, among others, Forbes Contributor Cheryl Conner reported.
Latest News
Private equity asset management firm Hamilton Lane has named Mingchen Xia and Yen Li Chew to add to its Hong Kong office and enhance the presence of the company in the Asia Pacific region.
JPMorgan ceases work on Chinese IPO candidate as US regulators investigate hiring practices- sources
JPMorgan Chase & Co has stopped working on the planned initial public offering of Chinese firm Tianhe Chemicals as US regulators continue its probe of the bank's hiring practices in China, Reuters reported.
Israel-based firm Aorato secured $10 million for its Series B round participated in by well-known investors as it launches into the cyber security with its pioneering product known as the Directory Services Application Firewall.
The first early stage technology fund in Hawaii. mbloom, was able to obtain $10 million for its first venture capital fund, a public-private partnership between the Hawaii State Development Corporation and Rosemont Seneca Technology Partners.
The Jamaican bobsled team, which last competed in the Winter Olympics in 2002, is using crowdfunding to raise funds that will allow them to compete in this year's Winter Olympics, ABC News reported.
Singapore-based Golvis Investment Pte, an investment firm founded by ex-Goldman Sachs Group managing directors, plans to make its Japan-focused hedge fund available to investors this quarter, according to sources interviewed by Bloomberg.
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.
Private equity and venture capital investors are exhibiting renewed interest in India's online retail space, a segment considered as an investment bubbly early last year, Mumbai-based online website dna reported.
The Federal Reserve is optimistic that the US economy will grow strong this year and is expected to announce the next reduction of its bond-buying program on January 28-29, the Wall Street Journal reported.
