Balmer Lawrie buys Indian travel venture Vacations Exotica

Kolkata, India-based public sector enterprise Balmer Lawrie & Co Ltd bought Mumbai-based travel venture Vacations Exotica including its employees and customers from Vacations Exotica Destinations Pvt Ltd for an undisclosed sum.


UK's National Institute for Health Research supports East Midlands health initiative with £28M

A £28 million funding was given by the National Institute for Health Research or NIHR and its 50 partners to a health research initiative focused on the East Midlands.

Sweden's Truecaller grabs $18.8M in Series B financing

Stockholm, Sweden-based mobile phone community Truecaller grabbed $18.8 million in a Series B financing round led by Sequoia Capital to help identify unknown phone callers and block spam calls.

Maine Senate approves bill to increase funding for startups

Preliminary approval was given by the State of Maine Senate to LD 1512 which allows even residents that earn modest income to back potentially high-growth domestic startups, PressHerald.com reported.


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Treehouse launches a online course that teaches students how to code and build websites and apps, has introduced a WordPress site-building course, VentureBeat reported.
San Francisco, California-based startup Snippit pocketed $500,000 in an internal family seed round to launch an app that lets users add a music clip to photos.
Startups that intend to give Bitcoin investors protection from losses arising from hacking and theft have emerged from the phenomenal rise of the digital currency, Bloomberg reported.
San Francisco, US-based scientific research crowdfunding platform Experiment.com (formerly Microryza) opened its site to include independent scientists in the scientific communities that the firm supports.
Eight startups that graduated from the Fall 2013 class of StartX, the non-profit accelerator for entrepreneurs in the Stanford community, held a demo day in Silicon Valley, TechCrunch reported.
CircleCI was able to raise $6 million for its Series A funding round from DFJ, a venture capital firm, according to VentureBeat which cited a company blog post.
San Francisco, California-based mobile video advertising startup Vungle snagged $17 million in a Series B funding round led by Thomvest Ventures to build monetization tools for developers of mobile apps.
PayNearMe, a company based in Sunnyvale, California that allows cash lovers to pay for their online transactions in cash, has raised $20 million for its fifth financing round, VentureBeat reported.
Yobie Bejamin, the former Chief Technology Officer (CTO) of Citigroup, raised $1 million on via crowdfunding platform Kickstarter for hardware startup Avegant's new kind of headset called Glyph.
iPhone fans aren't too happy that Apple has decided to remove a Bitcoin application called Blockchain from the app store, with some taking extreme action to show their displeasure to Apple, Bloomberg reported.