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Matrix backs Indian business financing firm FSBC

Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).


Sony said to divest former Tokyo headquarters

Citing a source, The Wall Street Journal blog Digits reported that embattled Japanese technology giant Sony has plans of selling its former headquarters in Tokyo, Japan.

Private equity firm The Riverside Company acquires Italy-based food firm Optima

Global private equity firm The Riverside Company has acquired Optima and related company Mec3 which makes ingredients for gelato, pastries and others, for an undisclosed amount.

Jerry Freedman and Russell Williams among Academy Awards' voting body

Jerry Freedman and Russell Williams are among the members of the Oscars' voting body who would choose winners from the 24 listed categories, reported BBC.


Latest News

San Antonio, Texas-based diversified holding firm Biglari Holdings Inc, through a wholly-owned subsidiary, bought New York, US-based men's magazine brand MAXIM for an undisclosed sum.
Singapore-based non-profit organization Earth Hour joined forces with Singaporean crowdfunding site Crowdonomic to raise funds for tech projects that aim to assist environmental endeavors in Southeast Asia.
Councillors of the city of Kitchener in Ontario, Canada have agreed to shell out $1 million for the next five years to help owners of underused spaces turn their properties into a new landing pad fro startups just out from incubators.
Capitaine Train, a France-based online vendor for train tickets, puts emphasis on giving its users a simpler, hassle-free and more efficient ticket-buying experience, TechCrunch reported.
In her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that the Fed does not possess any authority to supervise the Bitcoin, The Wall Street Journal blog MoneyBeat reported.
Redwood City, California-based mobile finance app Robinhood emerged out of its private beta to let signed-up users trade stocks for free instead of paying a fee for every transaction done.
Mila Kunis was spotted last Thursday with a sparkling engagement diamond ring on her left finger after coming out from a shopping mall with her mother.
Country superstar Dolly Parton confirmed through a tweet from her official account that she will be performing in this year's Glastonbury Festival.
American actress Drew Barrymore and Adam Sandler sand a heartfelt song in Tonight Show hosted by Jimmy Fallon last Wednesday to promote their new movie due in May.
After experiencing three hours and a half of server shutdown last Saturday, WhatsApp rivals Telegram and Line gained a lot of new global users.