Private equity firm Agribusiness invested INR75 crore in Bangalore, India-based nutraceutical and pharmaceutical ingredients supplier Beloorbayir Biotech for the latter's product development and international expansion.
Tags: Europe
UK innovation hub TrueStart raises $5M for European retail and consumer startups
London, UK-based innovation hub TrueStart raised $5 million in a seed funding round to invest in 20 retail and consumer startups in Europe every year and provide them with legal and recruitment support.
Irish hotel booking startup Hot Hotels bags $1M for international expansion
Ireland-based same-day hotel booking startup Hot Hotels bagged $1 million (€730,000) in funding from private investors and accelerator funds to fuel its expansion into Europe and South America.
German car sharing startup CiteeCar lands $10M in first funding round
Berlin, Germany-based car sharing startup CiteeCar landed $10 million in its Series A funding round led by Mangrove Capital Expansion to expand in Germany and in selected international cities.
Germany's E.ON hires Citi to advise on asset sale
Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.
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London, UK-based social shopping startup Nuji nabbed $2 million in a seed funding round from TAG, Seedcamp, Samos, and other angel investors to launch an iOS app this April.
San Jose, California-based LEGO rental startup Pley closed $6.75 million in its Series A funding round led by Allegro Venture Partners to fuel its product, workforce, and international expansion efforts.
American rap superstar Kanye West is buying 10 Burger King outlets across the UK, France, and Italy for an undisclosed amount as a wedding present for fiancee Kim Kardashian.
Palo Alto, US-based late-stage investment firm Technology Crossover Ventures (TCV) raised $2.23 billion for its eighth growth equity fund from European and Asian private and public pension funds, financial institutions and other investors.
Cupertino, US-based electronics giant Apple started selling the 8GB version of iPhone 5C in Apple stores in the UK at £40 less than the original cost to make up for the low sales of the said device.
San Francisco, US-based real-time economic data tracking platform Premise nabbed $11 million in a Series B funding round led by Social+Capital Partnership to continue tracking prices of food staples in Asia, Latin America, US, and Europe.
Marseille, France-based last minute hotel booking mobile app VeryLastRoom bagged $2.1 million in a venture round led by APlusFinance and Extend & Sigma Gestion to fuel its expansion in Europe.
San Francisco, US-based application lifecycle management (ALM) solutions provider Polarion Software Inc nabbed $10 million in a Series A funding round from Munich, Germany-based investment firm Siemens Venture Capital.
New York, US-based news website Business Insider raised $12 million in a funding round led by Amazon chief Jeff Bezos for the expansion of its workforce and subscription service.
