Proceeds from Zomato's recent USD37 million funding would go towards business expansion in 22 countries, chief executive Deepinder Goyal told TechCrunch.
Investors
Vimpelcom's third quarter earnings affected by regulatory pressures and fee mandates
Vimpelcom's third quarter earnings affected by African and Asian regulations as well as Italy's fee charging ceiling for use of competitor networks.
Icon Ventures nabs USD100 million in oversubscribed fund
The Icon Technology Partners fund raised USD100 million to invest in early-stage business software startups.
Deutsche Bank AG set to face administrative probe for actions on Kirch companies
The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
Royal Dutch Shell to drill wells off South African coast by next year
Royal Dutch Shell South Africa GM Jan Willem Eggink confirmed the well drilling as well as the conduct of an environmental impact study.
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The Saudi Aramco board, according to unconfirmed news reports, would be joined by BG Group Chairman Andrew Gould.
A recent investment round by Israeli startup Mobli had secured USD60 million in investment from Carlos Slim's América Móvil and other institutional investors.
Sulaiman Al-Habib (HMG) and Almana General Hospitals have engaged the services of separate banks to assist in its IPO listing.
One source told Businessweek that private equity firm KKR & Co might propose a leverage buyout offer to Marvell Technology Group Ltd.
PurThread Technologies raised USD7 million for its latest equity funding round. Renowned textile firm PurThread Technologies recently announced the closure of its latest equity funding round with pledges amounting to USD7 million.
Thomson Reuters publication IFR earlier reported that Morgan Stanley, Goldman Sachs and Standard Chartered were among the banks hired by Shuanghui International Holdings in its upcoming IPO.
Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.
Huawei Technologies Co promised to deliver fast 5G wireless connection service to its customers. In its statement said on Wednesday, Huawei Technologies Co said it would be pouring USD600 million to improve mobile connections for consumers in the next four years.
RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
