New Delhi, India-based microfinance institution Satin Creditcare Network Limited (SCNL) bagged $4.7 million (INR28.44 crore) in a funding round led by Norway-based impact investor NMI Fund III KS (NMI) to fuel its growth and diversification.
Deals
J-Lo’s NuvoTV inks deal with Fuse TV
According to sources who asked not to be named, J-Lo’s NuvoTV has inked a deal with Fuse TV, allowing the channel to reach more viewers, reported Bloomberg.
AdsNative raises USD2 million in seed funding
AdsNative has raised USD2 million in seed funding to be used for its technology expansion, reported TechCrunch.
UPDATE: GrubHub's IPO drives investor appetite
The shares of GrubHub Inc. has started trading on the New York Stock Exchange on Friday with investors scrambling to partake on the online food order site, reported Reuters.
Ohio software firm Bjond raises $3.25M in Series A funding
Columbus, US-based software firm Bjond raised $3.25 million in its Series A funding round led by Draper Triangle Ventures to accelerate its workflow automation software BjondHealth.
Latest News
Opus Bank announced filing its IPO today and listed 5,757,460 shares of common stock and would be listed on the NASDAQ.
A source told ET that Brookfield Asset Management intends to acquire a 100 percent stake in Unitech Corporate Parks.
GrubHub Inc. announced pricing its public debut at USD26 per share piece and would start trading on Friday on the New York bourse, reported Reuters.
PricewaterhouseCoopers has announced its acquisition of Booz & Company without disclosing financial terms of the deal, reported Ventures Africa.
IMS Health Holdings has set its price for the company's initial public offer to start trading on Friday on the NYSE, reported Reuters.
Billionaire and shopping mall mogul Henry Sy would expand his foothold in China with new shopping malls in Yangzhou and Changzhou, reported Bloomberg.
Databank Financial Services has launched a private equity fund to cater to small and medium industries in Africa's agricultural sector.
Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.
Dubai's sovereign wealth fund, Investment Corp of Dubai, has bought a stake in Kerzner International but did not disclose information regarding the terms of the deal, reported Reuters.
