Cupertino, US-based smartphone giant Apple launched its iPhone trade-in program in Germany to allow its customers to purchase a new iPhone at a discounted price when they trade in a qualifying old device.

Atlanta, US-based Internet-based TV service provider YuppTV Inc pocketed $2.5 million in its first funding round from Indian early stage investor Sashi Reddi to scale up and expand its client base.

New Delhi, India-based microfinance institution Satin Creditcare Network Limited (SCNL) bagged $4.7 million (INR28.44 crore) in a funding round led by Norway-based impact investor NMI Fund III KS (NMI) to fuel its growth and diversification.

Dmirty Firtash, a Ukranian businessman was indicted of US bribery charges along with five other men over allegedly paying bribes to Indian government authorities to facilitate a mining project.

Varun Beverages planned to invest USD300 million for a business expansion in South Asia and Africa, reported Ventures Africa.

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.

Chennai, India-based non-banking finance firm IFMR Capital bagged $29 million in funding from specialist investor LeapFrog Investment's second investment fund for its product and service expansion.

Mumbai, India-based big data analytics startup Germin8 pocketed $3 million in its first funding round from Kalaari Capital to expand internationally and fuel sales, marketing, branding, and product development activities.

JWT, a New York, US-based operating company of advertising giant WPP, entered an agreement to pick up a majority stake in Mumbai, India-based social media agency Social Wavelenth for an undisclosed amount to expand its market reach.

Uttar Pradesh, India-based Internet network Times Internet backed Noida-based mobile education startup GradeStack with an undisclosed amount to turn mobile education into a social experience.