Grovo gets US $5.5 million of funding for its product research and marketing campaign. Grovo. com, which uses personalized videos to train users on cloud and Internet services, closed US $5.
Investors
Private equity firms to exit India tech companies
Private equity firms, Providence Equity Partners and ChrysCapital, reported that it may exit Idea Cellular and HCL Technologies respectively in the near future.
Blackstone Group acquires India's Agile Electric Works
Blackstone Group placed more investments in India by acquiring Indian auto parts maker Agile Electric Works.
McGraw-Hill acquires shares in joint venture with Tata Group
McGraw-Hill Education acquired minority ownership share in Tata McGraw-Hill Education Private Limited originally held by two Tata charitable trusts.
Deals of the day -- bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by on Wednesday. The following bids, mergers, acquisitions and disposals were reported by on Wednesday.
Latest News
Goldman Sachs sells its majority share in REDI but will retain minority stake in the company. Goldman Sachs Group sold its majority stake in REDI, one of the pioneers of trading technology, to a group of investors.
Taykey get US $6 million from another round of funding led by Tenaya Capital. Topical Advertising channel Taykey announced a US $6 million worth of fresh capital infusion from four investors led by venture firm Tenaya Capital.
Regulus Therapeutics is expecting to raise US $42.8 million from its IPO after the Securities and Exchange Commission consented the offering on Tuesday.
Private equity firm J-STAR secured investment commitments amounting to JPY11.86 billion from both global and domestic investors.
Bluenose Gold Corp announced the acquisition of the Zenyatta West Graphite Project. Bluenose Gold Corp. announced that they have agreed to acquire a 100% interest in the 16 mineral claims dubbed as the "Zenyatta West Graphite Project".
ole announced that they have entered a co-venture deal with Timbaland's Blue Stone Music Publishing.
A group of investors led by Siparex is buying Groupe CEBTP but finalization of the deal would have to wait until third quarter of 2013.
Mobile app Vivino gets US $10.3 billion funding as it gears up to develop and expand its brand in Europe and North and South America.
BNP Paribas announced their investment as one of the founding shareholders in REDI Holdings LLC. BNP Paribas announced their investment as founding shareholders in the REDI Holdings LLC (REDI).
