Sectors
Mobile messaging service Line Corp to get 500 million users on board by end of 2014
Tokyo-based mobile messaging app Line Corp could reach its goal of 500 million instant messaging users by the end of this year even as it thinks about a possible IPO, Bloomberg reported.
California mobile marketing startup Kahuna bags $11M in Series A funding
Mountain View, US-based mobile marketing startup Kahuna bagged $11 million in a Series A funding round from Sequoia Capital to create more effective marketing messages to customers.
Ankur Capital backs three rural startups in India
Mumbai, India-based impact investment fund Ankur Capital shelled out INR50 lakh for a 30% stake in each of the Indian rural startups cloud farm-management systems firm Cropln, home compost company Daily Dump, and eye-care service provider ERC.
To avoid overpayment, private equity fund managers say steering clear of traditional buyouts necessary
Private equity fund managers are employing approaches other than traditional buyouts so they can avoid overpaying for Western companies as competition pushes valuations higher, Reuters reported.




