Mumbai, India-based private equity fund manager ASK Pravi Equity Opportunities Fund picked up a minority stake in Chandigarh-based children's clothing firm Indian Clothing League Pvt Ltd for INR50 crore ($8.08 million).
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Attorney subpoenaed Mt. Gox, other bitcoin businesses: source
Manhattan Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks, a source familiar with the probe said on Wednesday.
New York's CrowdWatch aggregates all crowdfunding deals in one place
New York, US-based crowdfunding deals aggregator CrowdWatch wants to help people find investment opportunities by gathering together all deals from equity and debt-based crowdfunding platforms in just one place.
California-based content management firm ZEFR pockets $30M in Series D financing
Venice, US-based brand and content management software maker ZEFR pocketed $30 million in a Series D financing round led by Institutional Venture Partners (IVP) for its international expansion and product development.
San Francisco-based d.light closes Series C round with $11M
For-profit social enterprise d.light obtained $11 million for its Series C funding round participated in by DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures.
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Spree Commerce, a maker of open source software that enables online retailers to build their own online storefronts, grabbed $5 million in its Series B round, VentureBeat reported.
Some states have already undertaken measures to ban drivers from using Google Glass even if the search giant's wearable device innovation is still in its experimental stage, Bloomberg reported.
Seoul, South Korea-based pop music publisher SM Entertainment invested an undisclosed amount to acquire shares in indie label BALJUNSO to contribute to the globalization of K-Pop's indie sector.
Bitcoin followers including Hong Kong-based MatrixVision head Anthony Hope kept their faith even after the collapse of Tokyo-based bitcoin exchanger, Mt. Gox.
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.
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.
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.
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.
Menlo Park, US-based fitness startup GOQii is helping people stay motivated with their healthy endeavors by combining its fitness wristband with human coaches who will provide advice and help them set their health objectives.
