Asia/Pacific
India’s Snapdeal Gets $50 Million Funding from eBay and Recruit Co
India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
SBI Jefferies to Invest in Series B for Panviva Pty Ltd
Panviva Pty Ltd receives Aus$4 million from SBI Jefferies Asia Fund. Leading developer of software solutions for business processing guidance, Panviva Pty Ltd, announced that it was able to obtain equity financing worth Aus $4 Million in its Series B financing round from SBI Jefferies Asia Fund.
Bright Horizons Acquires kidsunlimited
Private equity form LDC sells kidsunlimited to Bright Horizons Family Solutions. A leading global provider of child care sponsored by employers has purchased kidsunlimited for the amount of GBP 45 million.
China Galaxy Securities Approved for IPO
Hong Kong regulators has approved the listing of the IPO for China Galaxy Securities. Hong Kong exchange regulators have signified their approval for the initial public offering of China Galaxy Securities.