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Lighthouse Funds acquired 12.5 percent in Bikaji Foods International

Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.


Tencent Holdings to launch Chinese version of Candy Crush Saga

Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.

Fastest Growing Marketing Automation Company Secures $42 Million in Venture Financing Led by Technology Crossover Ventures

BEAVERTON, OR--(Marketwired - Apr 15, 2014) - Act-On Software, the leading marketing automation provider for small and mid-market enterprises, today announced it has secured $42 million in new venture financing. Technology Crossover Ventures (TCV) led the round, with existing investors Norwest Venture Partners, Trinity Ventures, US Venture Partners, and Voyager Capital also participating. Act-On will use the new capital to accelerate its business on all fronts, including new product development, sales expansion, and brand recognition.

Squarespace gets USD40 million Series B funding

Online website maker Squarespace has taken in USD40 million worth of Series B funding, reported TechCrunch.


Latest News

Google Inc. has acquired Titan Aerospace without disclosing financial information regarding the deal, reported Ventures Africa.
Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
Mountain View, US-based marketing platform developer AgilOne bagged $25 million in its Series C funding round from undisclosed investors to help small and medium-sized businesses (SMBs) grow using big data.
Diageo Plc expressed its interest in acquiring 29 percent United Spirits stake, reported ET. Diageo Plc expressed interest in getting a strong grip in United Spirits as it looks in expanding into international operations in the biggest whiskey market in the world.
After officially releasing the Google Glass to US buyers, search giant Google is now reportedly eyeing smart contact lenses that will feature built-in tiny cameras and multi-sensors, based on a couple of patent applications that have surfaced lately.
Wellington, New Zealand-based mining firm Bathurst Resources Ltd secured A$7.39 million in a discounted placement of its shares at A$0.06 (NZD0.065) apiece to gain funds for its open-cut coal project on the Denniston Plateau.
Indian e-commerce marketplace giant SnapDeal snapped up Noida-based fashion products discovery site Doozton for an undisclosed amount to leverage the latter's personalized shopping technology for its own platform.
New York, US-based investment firm TPG Growth committed $100 million in a joint venture with Gurgaon, India-based emerging business market builder Smile Group to help Internet and e-commerce firms expand to India, Africa, and other emerging markets.
Canberra, Australia-based cloud computing services provider CloudCentral bought the intellectual property of San Mateo, US-based software firm DEY Storage Systems for an undisclosed amount in lieu of paying for third-party storage services.
Helsinki, Finland-based corporate wellness startup HeiaHeia scored €1.5 million in its first funding round led by Wallstreet Financial Services for its international expansion, marketing improvement, and product development.