Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.
Sectors
Hapag-Lloyd AG to purchase Cia. Sud Americana de Vapores SA
Hapag-Lloyd AG has agreed to buy Cia. Sud Americana de Vapores SA in a deal that would create the fourth biggest shipping firm in the world.
American startup Talkwheel raises $1.2M from angels to aggregate social media conversations in a visual map
San Francisco, US-based social media conversation startup Talkwheel raised $1.2 million in funding from several angel investors to aggregate the conversations on the web in a visual map so businesses can monitor trending topics.
Inventure Partners picks up minority stake in Russian educational firm Netology
Russian investment firm Inventure Partners picked up a minority stake in Moscow-based educational and interactive online course provider Netology for an undisclosed amount to allow the latter to accelerate its product development.
International Finance Corp shells out $25.8M for wind farm in Pakistan
The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.
Latest News
Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.
Online website maker Squarespace has taken in USD40 million worth of Series B funding, reported TechCrunch.
San Francisco, US-based fundraising site and investor-startup community AngelList launched its new venture capital (VC) fund called Maiden Lane, which will invest in syndicated AngelList deals.
Paperless Post has received USD25 million Series C funding led by August Capital, confirmed by TechCrunch.
Google Inc. has acquired Titan Aerospace without disclosing financial information regarding the deal, reported Ventures Africa.
Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
Mountain View, US-based marketing platform developer AgilOne bagged $25 million in its Series C funding round from undisclosed investors to help small and medium-sized businesses (SMBs) grow using big data.
Diageo Plc expressed its interest in acquiring 29 percent United Spirits stake, reported ET. Diageo Plc expressed interest in getting a strong grip in United Spirits as it looks in expanding into international operations in the biggest whiskey market in the world.
After officially releasing the Google Glass to US buyers, search giant Google is now reportedly eyeing smart contact lenses that will feature built-in tiny cameras and multi-sensors, based on a couple of patent applications that have surfaced lately.
