Diageo Plc to acquire 29 percent United Spirits stake in USD1.9 billion deal

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.


Google eyes smart contact lenses with built-in camera and sensors

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.

Bathurst secures A$7.39M in discounted placement ot fund coal project in New Zealand

Wellington, New Zealand-based mining firm Bathurst Resources Ltd secured A$7.39 million in a discounted placement of its shares at A$0.06 (NZD0.065) apiece to gain funds for its open-cut coal project on the Denniston Plateau.

Indian e-commerce giant SnapDeal snaps up fashion startup Doozton

Indian e-commerce marketplace giant SnapDeal snapped up Noida-based fashion products discovery site Doozton for an undisclosed amount to leverage the latter's personalized shopping technology for its own platform.


Latest News

Helsinki, Finland-based corporate wellness startup HeiaHeia scored €1.5 million in its first funding round led by Wallstreet Financial Services for its international expansion, marketing improvement, and product development.
Tokyo, Japan-based Bitcoin exchange Mt Gox will file for liquidation in Tokyo instead of its initial plan of rebuilding the firm under bankruptcy protection after a bug reportedly brought the site down.
Chicago, US-based medical device startup Miret Surgical pocketed $664,750 in a Series A funding round from several angels and venture capitalists to develop a set of laparoscopic tools that will make surgeries less invasive with less scarring.
London, UK-based cross-border payments startup The Currency Cloud raised $10 million in a Series B funding round to make international payments smoother and more transparent.
Financial services startup Betterment has received USD32 million funding round from new and previous investors, reported TechCrunch.
Twitter has acquired social data provider Gnip, enabling the microblogging site to sell its bulk data without engaging services from a middle man, reported TechCrunch.
Kenya's Britam would acquire 30 percent stake in Continetal Re Kenya Ltd in a deal valued USD3.5 million, reported Ventures Africa.
Jordanian startup Mixed Dimensions has raised USD1 million to go mainstream with 3D tools, reported TechCrunch.
Embattled Canadian smartphone maker BlackBerry has acquired healthcare IT firm NantHealth, reported TechCrunch.
Hacker Andrew Auernheimer a.k.a Weev has been freed from prison and talked about establishing a new hedge fund called TRO LLC, reported TechCrunch.
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