Unitus Seed Fund backed Mumbai, India-based dental clinic chain Smile Merchants with an undisclosed investment to develop the latter's hub-and-spoke system and fund its national expansion.
Sectors
Airbnb’s Storefront receives additional USD7.3 million funding
Airbnb’s Storefront has received additional USD7.3 million funding led by Spark Capital, reported TechCrunch.
Times Media Group acquires Radio Africa Limited in a deal valued USD18.62 million
South African company Times Media Group has acquired a majority stake in Radio Africa Limited valued USD18.62 million, reported Ventures Africa.
Daiichi Sankyo says Ranbaxy-Sun Pharma merger may close by the end of 2014
Daiichi Sankyo said in a statement that the merger deal between Ranbaxy and Sun Pharma would possibly close by the end of 2014, reported ET.
Turkey Prime Minister Erdogan accuses Twitter of tax evasion after lifting ban
Just days after he was forced to lift the ban he enforced on Twitter, Turkey Prime Minister accused the social media network of tax evasion, and implied that YouTube and Facebook might be violating the country's laws as well.
Latest News
Wellington, New Zealand-based tech startup Loomio launched a $100,000 crowdfunding campaign on its own website to develop a mobile version of its open-source collaborative decision making tool.
Paris, France-based digital publishing firm Webedia added Lebanon-based digital media firm Diwanee for an undisclosed amount to help the latter reach out to women in the Middle East.
Kentucky, US-based tech startup You Saw Me became part of the accelerator program sponsored by Awesome Inc to enhance its marketing campaigns for its increased-visibility lighted vests.
Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
Wilmington, US-based network performance management company SevOne Inc bought Minneapolis, Minnesota-based data analytics firm RapidEngines for an undisclosed amount as part of its service enhancement efforts.
London, UK-based real estate management firm Orion Capital Managers LLP, through Orion European Real Estate Fund IV, snapped up the Domus Shopping Center located near Paris for an undisclosed sum.
Gurgaon, India-based smartphone maker Micromax Informatics Ltd is eyeing the purchase of an undisclosed stake in Seoul, South Korea-based rival Pantech Co Ltd in a bid to expand internationally, according to unnamed sources.
Cape Town, South Africa-based startup accelerator 88mph is expanding to Lagos, Nigeria to begin a new venture with seed funding specialist L5Lab to fund startup programs.
Auburn Hills, US-based powertrain supplier BorWarner bought Esslingen, Germany-based exhaust gas and thermostat producer Gustav Wahler GmbH & Co KG for an undisclosed sum to strengthen its position in the market.
