App maker Mobile Accord intended to reach up to 100 million people by the end of this year, thanks to its recent USD6.6 million investment it received from unnamed investors.
Investors
Elliott Management Corp expands shareholdings in Celesio
Paul Singer's Elliott Management Corp increased its shareholdings in German drug distribution firm Celesio AG.
Lion Biotechnologies raises USD23.3 million in private financing in share sale
Lion Biotechnologies sold common stock, common stock warrants and Series A Convertible Preferred Stock to institutional investors led by Quogue Capital LLC.
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.
Latest News
A ten year agreement was formalized between Kuwait's National Aviation Services and Ariana Afghan Airlines.
Proceeds from Zomato's recent USD37 million funding would go towards business expansion in 22 countries, chief executive Deepinder Goyal told TechCrunch.
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.
