Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.
Investors
American startup Talkwheel raises $1.2M from angels to aggregate social media conversations in a visual map
San Francisco, US-based social media conversation startup Talkwheel raised $1.2 million in funding from several angel investors to aggregate the conversations on the web in a visual map so businesses can monitor trending topics.
Inventure Partners picks up minority stake in Russian educational firm Netology
Russian investment firm Inventure Partners picked up a minority stake in Moscow-based educational and interactive online course provider Netology for an undisclosed amount to allow the latter to accelerate its product development.
International Finance Corp shells out $25.8M for wind farm in Pakistan
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.
Indian tablet maker Swipe Telecom nabs $4.9M investment from Kalaari Capital
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.
Latest News
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.
Diageo Plc expressed its interest in acquiring 29 percent United Spirits stake, reported ET. Diageo Plc expressed interest in getting a strong grip in United Spirits as it looks in expanding into international operations in the biggest whiskey market in the world.
Indian e-commerce marketplace giant SnapDeal snapped up Noida-based fashion products discovery site Doozton for an undisclosed amount to leverage the latter's personalized shopping technology for its own platform.
New York, US-based investment firm TPG Growth committed $100 million in a joint venture with Gurgaon, India-based emerging business market builder Smile Group to help Internet and e-commerce firms expand to India, Africa, and other emerging markets.
Canberra, Australia-based cloud computing services provider CloudCentral bought the intellectual property of San Mateo, US-based software firm DEY Storage Systems for an undisclosed amount in lieu of paying for third-party storage services.
