Kohlapur, India-based commercial bank Ratnakar Bank Ltd pocketed $54.6 million (INR3.28 billion) from foreign investors CDC Group and Asia Capital and Advisors through the sale of an undisclosed minority stake to fund its rural expansion.
Regions
Ooomf receives new fund valued USD2.1 million, changes name to Crew
Ooomf changed its name to Crew and announced receiving USD2.1 million new funds, reported TechCrunch.
Austria's Lisec Group to enter Nigerian glass markets, reveals expansion plan
Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.
Genesis Media receives Series B funding valued USD6 million
Genesis Media received new funding which was valued USD6 million for interrupting ads known as ContentUnlock, reported TechCrunch.
Zendesk files for IPO, announces acquisition of Singapore-based Zopim
Zandesk revealed its plan to go public and its acquisition of Singapore's Zopim, reported Ventures Beat.
Latest News
NEWTON, MA--(Marketwired - Apr 9, 2014) - Accountability Outsourcing, Inc. today announced that it is now Charles River CFO, Inc. (CRCFO), a women-owned strategic financial consulting firm focused on strategic transactions such as IPOs, mergers, acquisitions and other exits. The new firm is addressing the gap between operational CFOs and the firms that audit them.
Berkeley, US-based on-demand food startup SpoonRocket raised $10 million in funding from Foundation Capital and General Catalyst to deliver food to customers in San Francisco and East Bay within 15 minutes.
Bremerhaven, Germany-based food innovation firm Biozoon is devising a kind of 3D-printed food to help make sure that elderly patients who are unable to swallow will not choke during meals.
San Francisco, California-based WordPress parent firm Automattic acquired New York, US-based long-form reading content discovery app Longreads for an undisclosed amount with the latter to function as it is post-acquisition.
Los Angeles, US-based digital postal mail startup Zumbox announced via email that it will be shutting down its service on April 14, 2014 due to difficulty in staying above the cost of delivering the service.
California, US-based social network giant Facebook announced that it will pull Messenger from its mobile app to boost the usage of the standalone Messenger, starting with European users before rolling out the change worldwide.
Takamatsu-shi, Japan-based cranes and aerial work platforms manufacturer Tadano Ltd completed its acquisition of its Yorkshire, UK-based distributor Cranes UK for an undisclosed amount to continue its market expansion.
Abingdon, UK-based environmental consultancy RPS Group Plc bought Derby-based water industry consultancy Clear Environmental Consultants Ltd in a deal valued at £8.34 million in cash to expand further in the UK.
Vantaa, Finland-based international rental giant Cramo purchased Klaukkala-based earthmoving equipment rental specialist OptiRent for an undisclosed amount to gain traction over its competitors in the earthmoving industry.
