Bow & Drape, the fashion startup that allows women to customize their clothes, was able to secure $1.2 million funding from various investors to grow and expand the brand.
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American venture capital firm CrunchFund reportedly raising $40M for second fund
CrunchFund, the San Francisco, US-based venture capital firm co-founded by Michael Arrington, is raising $40 million for its second early-stage investment fund, according to a regulatory filing.
New York-based analytics firm raises $3.3M in funding for self-learning platform
New York, US-based analytics firm Implisit raised $3.3 million in funding from Gemini Israel Ventures for its self-learning platform that mines CRM data to help improve sales efficiency.
NFL seen tapping into wall street professionals for top posts
A surge in hiring former Wall Street professionals to top positions in sports leagues such as NFL has been seen in recent times, thanks to the fact that sports leagues like the NFL are billion-dollar generating enterprises.
Soros-backed OneWest to secure buyers amid IPO planning - sources
Sources tell Bloomberg that owners of US lender OneWest FSB is conducting one, final push to sell the company to a potential buyer as it prepares to exit in a planned initial public offering.
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London-based Zopa, the largest peer-to-peer lending company in Europe, raised $25 million in funding from Arrowgrass Capital Partners. Proceeds will be used to continue the lending firm's growth.
ZappRx, a mobile platform that automates the prescription management process, has nabbed an additional funding worth $1 million for its seed financing round led by Atlas Ventures.
San Diego-based venture capital fund Origo Ventures secured a grant worth $1 million from the investment arm of the Chilean government called CORFO. Proceeds will be used to invest in promising startups in Chile.
Private equity group 3i said it was able to close exits worth £29 million or $48 million in the final quarter of last year, bringing its overall proceeds for the year to £557 million, Reuters reported.
Three banking sources told Reuters that Greece's National Bank has plans to divest its London-based private equity arm NBGI in order to increase its capital.
Chief Executive Officer Larry Ellison eased worries that the private information of Oracle's cloud computing clients could be accessed by the National Security Agency, Reuters reported.
Philippine-based industrial chemical manufacturer received approval from its board for the sale of its entire 69.92% stake in LMG Chemicals Corp to businessman Norman Ng.
The Center for Health Program Management and its funding partners which include Sierra Health Foundation, The California Endowment and The California Wellness Foundation gave a grant of $1.6 million to four counties to support the Positive Youth Justice Initiative.
Canada-based digital media firm Aimia Inc is purchasing a minority stake in Malaysia-based firm Think Big Digital Sdn Bhd, the owner and operator of AirAsia-Tune Group's loyalty program.
