India-based e-commerce giant Flipkart is in talks to merge with online fashion retailer Myntra as part of a proposal being pushed by common investors Tiger Global and Accel Partners.
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Regulator seeks to close down coding bootcamps in California
Several coding bootcamps in California are facing an imminent shutdown after receiving a warning from the Bureau for Private Postsecondary Education (BPPE) to start complying with licensing regulations within two weeks.
Sqrl bags $550K in funding to launch document reminder service in Ohio
Cincinnati, US-based startup Sqrl bagged $550,000 in funding from CincyTech, Vine Street Ventures, and Hyde Park Ventures to launch a service for small and regional accounting firms that reminds their clients of the documents they need to provide for a job.
Washington-based tech firm Flat World raises $9.5M in funding to make textbooks cheaper
Washington, US-based tech firm Flat World, a company that aims to make more affordable digital versions of college textbooks, raised $9.5 million in a funding round led by Bessemer Venture Partners.
Venture-backed HowAboutWe.com acquires Nerve.com for undisclosed amount
HowAboutWe.com, a digital lifestyle firm backed venture capital firms, said it had acquired Nerve.com and launched its independent lifestyle media network and advertising division HowAboutWe Media.
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Apple Inc has spent nearly two times what it spent the year before on acquisition deals, deploying $525 million for these purchases last quarter, Bloomberg reported.
New York, US-based social TV startup Viggle snapped up San Francisco, California-based rival Dijit Media for an undisclosed sum to acquire and incorporate the latter's NextGuide and reminder button features into its own offerings.
Marketing intelligence solutions provider Origami Logic secured $15 million for its Series B financing round led by venture capital firm Jafco Ventures and joined by existing investors.
US-based private equity firm The Carlyle Group invested an undisclosed sum in Ireland-based chocolate maker Lily O'Brien's for the expansion of the latter's global consumer reach.
Russian Internet giant Yandex has invested an unconfirmed amount to acquire logistics provider Multiship to provide an easier way of delivering goods to the customers of Yandex's e-commerce platform.
Texas, US-based tech media startup Daily Dot Media (DDM) added London, UK-based tabloid-style news site The Kernel, whose editor-in-chief is stepping down from his position, for an undisclosed sum.
Ohio, US-based investment firm Rockbridge Partners purchased Honolulu, Hawaii-based Aqua Waikiki Wave Hotel for an undisclosed amount to mark the company's 330th investment in the hotel sector.
US-based multinational retail chain Walmart started testing the local pick-up option for Walmart To Go, the company's online grocery shopping service with home delivery feature in Denver, Colorado.
Nordic mid-market private equity firm CapMan Buyout picked up a majority stake in Finland-based luxury and lifestyle hotel chain Kamp Group for an undisclosed sum for the expansion of the group's operations.
