The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.
Investors
Richard Branson to purchase Rochelle Hotel and Mountain Vineyard
British billionaire Richard Branson has signed a deal to acquire Rochelle Hotel and Mountain Vineyard, which would add to his luxury hotel collections.
California firm Jasper lands $50M in funding to bring the Internet of Things to Coca-Cola
Mountain View, US-based Internet of Things (IoT) cloud Jasper landed a $50-million investment in a funding round led by Temasek to bring its IoT technology to Coca-Cola's new initiatives.
Italian app development platform AppsBuilder bags $1.5M in funding
Milan, Italy-based mobile app development platform AppsBuilder bagged $1.5 million in a funding round from United Ventures to consolidate its businesses in the UK and the US.
Hapag-Lloyd AG to purchase Cia. Sud Americana de Vapores SA
Hapag-Lloyd AG has agreed to buy Cia. Sud Americana de Vapores SA in a deal that would create the fourth biggest shipping firm in the world.
Latest News
Pune, India-based tablet and phablet manufacturer Swipe Telecom nabbed a $4.9-million (INR30 crore) investment from Kalaari Capital to widen its market reach across the country.
US-based game developers' platform Unity Technologies added San Francisco, California-based predictive analytics startup Playnomics for an undisclosed amount to step out of game engine into the game services sector.
Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.
Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.
Online website maker Squarespace has taken in USD40 million worth of Series B funding, reported TechCrunch.
Paperless Post has received USD25 million Series C funding led by August Capital, confirmed by TechCrunch.
Google Inc. has acquired Titan Aerospace without disclosing financial information regarding the deal, reported Ventures Africa.
Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
Mountain View, US-based marketing platform developer AgilOne bagged $25 million in its Series C funding round from undisclosed investors to help small and medium-sized businesses (SMBs) grow using big data.
