Kolkata, India-based public sector enterprise Balmer Lawrie & Co Ltd bought Mumbai-based travel venture Vacations Exotica including its employees and customers from Vacations Exotica Destinations Pvt Ltd for an undisclosed sum.
Investors
American venture capitalist Ben Horowitz makes an interesting Bitcoin bet
New Bitcoin startup investor Ben Horowitz of US-based venture capital firm Andreessen Horowitz and Bitcoin skeptic Felix Salmon made a bet against each other on the status of the digital currency as a payment mechanism by 2109.
London-based Togethera closes £250K in seed funding to roll out private family photo-sharing app
London, UK-based startup Togethera closed $250,000 in a seed funding round led by European and American angel investors to roll out its private family photo sharing app on Android.
OpenTable launches private beta for dining payments service in San Francisco
San Francisco, US-based online real-time restaurant reservation service OpenTable launched a private beta of its dining payments service for 11 restaurants in San Francisco, with new restaurants to be added soon.
Russian investors pour cash into startup that detects photo manipulation
Moscow, Russia-based investment fund Flint Capital and government-backed early-stage fund FRII poured an undisclosed amount into St Petersburg-based photo manipulation detecting startup SMTDO Tech LTD.
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A £28 million funding was given by the National Institute for Health Research or NIHR and its 50 partners to a health research initiative focused on the East Midlands.
Stockholm, Sweden-based mobile phone community Truecaller grabbed $18.8 million in a Series B financing round led by Sequoia Capital to help identify unknown phone callers and block spam calls.
London, UK-based startup ASAP54 picked up $3 million in a recent venture round to support the development and international expansion of its mobile fashion search and discovery app.
Dublin, Ireland-based media holding firm Communicorp snapped up eight stations from London, UK-based media and publishing holding group Global Radio in a deal valued at £35 million as the latter was forced by the Competition Commission to do so.
US-based startup Snippit pockets $500K in seed round to launch an app that adds music clip to photos
San Francisco, California-based startup Snippit pocketed $500,000 in an internal family seed round to launch an app that lets users add a music clip to photos.
Eight startups that graduated from the Fall 2013 class of StartX, the non-profit accelerator for entrepreneurs in the Stanford community, held a demo day in Silicon Valley, TechCrunch reported.
CircleCI was able to raise $6 million for its Series A funding round from DFJ, a venture capital firm, according to VentureBeat which cited a company blog post.
San Francisco, California-based mobile video advertising startup Vungle snagged $17 million in a Series B funding round led by Thomvest Ventures to build monetization tools for developers of mobile apps.
PayNearMe, a company based in Sunnyvale, California that allows cash lovers to pay for their online transactions in cash, has raised $20 million for its fifth financing round, VentureBeat reported.
