Mumbai, India-based decorative and industrial paint manufacturer Asian Paints (International) Ltd picked up a 51% stake in Ethiopia-based paint maker Kadisco Chemical Industry PLC for an undisclosed amount.
Deals
Oregon marketing automation firm Act-On lands $42M in funding for growth
Beaverton, US-based marketing automation software vendor Act-On landed $42 million in its fifth funding round led by Technology Crossover Ventures (TCV) to fuel its growth.
Google agrees to acquire US drone maker Titan Aerospace to bring Internet to more people
US-based search giant Google agreed to acquire Moriarty, New Mexico-based solar-powered drone maker Titan Aerospace for an undisclosed amount for Project Loon, an initiative that aims to bring the Internet to currently offline places of the world.
Paycom prices New York IPO below expected range
Oklahoma City, US-based human resources (HR) and payroll tech firm Paycom priced its initial public offering (IPO) on the New York Stock Exchange at $15 per share, which is below the $18 to $20 range expected by analysts.
California healthy snack startup NatureBox raises $18M in Series B funding
San Carlos, US-based healthy snack startup NatureBox raised $18 million in a Series B funding round led by Canaan Partners to expand the snack choices it delivers to its consumers.
Latest News
Henry County, US-based golf products maker Dynamic Brands Inc bought Calgary, Canada-based golf cart and accessory maker Riksha Golf Inc for an undisclosed sum to expand its portfolio of products.
Kowloon, Hong Kong-based investment firm China Haidian Holdings Ltd acquired London, UK-based Swiss watch retailer The Dreyfuss Group in an all-share deal that will see the Dreyfuss brands expand into Asia.
Sydney, Australia-based outsourcing and service marketplace Freelancer will add US-based internet marketing forum Warrior Forum in a deal valued at $3.2 million in cash to provide an Internet business platform for its users.
Woburn, US-based software firm SilverRail Technologies Inc bagged $40 million in its Series C funding round led by Mirthril Capital Management to develop a train ticket booking system.
Norcross, US-based behavior intelligence firm Brickstream raised $8.7 million in a new funding round to track and analyze the behaviors of shoppers in brick-and-mortar stores.
Rocket Internet's Lamudi has received USD7 million funding from Tengelmann Ventures and other new investors left undisclosed, reported TechCrunch.
Technology-first beauty brand Julep has taken in USD30 million funding, reported TechCrunch. Julep, an Andreessen Horowitz-backed beauty platform, thinks that the beauty market is short of innovation.
Startup Brigade Media has raised USD9.3 million from Sean Parker, Marc Benioff and Ron Conway, reported TechCrunch.
Startup Lifesum has taken in investment from Bauer Media Group and SparkLabs Global Ventures valued USD6.7 million, reported Bloomberg.
