KKR, a private equity company, will be purchasing optical retailer National Vision based in Lawrenceville, Georgia for an undisclosed amount, The Atlanta Journal Constitution reported.
Deals
bRight Switch launches Indiegogo campaign to upgrade US homes' light switches to smart screens
Oregon, US-based startup bRight Switch launched a crowdfunding campaign on Indiegogo to raise $115,500 for a prototype of a wall-fixed smart tablet that will replace the ordinary home light switch.
Nestle looking at options to reduce L'Oreal stake: Bloomberg
Nestle, the world's biggest food company, is looking at ways to reduce its $30 billion stake in cosmetics firm L'Oreal, Bloomberg reported on Saturday, citing sources with knowledge of the matter.
Bebe Stores Inc eyes private equity firms for possible sale- sources
Brisbane, Californian-based women's retailer Bebe Stores Inc is thinking of selling the company and is reaching out to private equity firms, according to people interviewed by Reuters.
Massachusetts' MassHousing closes $11.8M loans to turn Sitkowski School to senior apartments
MassHousing, a self-supporting quasi public agency in Massachusetts, has closed $11.8 million loans to acquire and convert Sitkowski School to 66 affordable apartments for seniors, Boston.com reported.
Latest News
Ten billion shares of common stock were offered by bitcoin firm Bitcoin Kinetics on the website Cryptostocks, Quartz reported. The startup intends to make hardware that enables vending machines to accept payment in Bitcoin.
India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.
New York City, US-based smart flight finding mobile app Hit List exited the beta phase and is currently raising around $500,000 in its seed funding round.
Noida, India-based optimization software startup IntelloCut secured $200,000 (INR1.3 crore) in funding from a group of investors led by Blume Ventures and Google India's Ranjan Anandan.
London, UK-based startup Togethera closed $250,000 in a seed funding round led by European and American angel investors to roll out its private family photo sharing app on Android.
Moscow, Russia-based investment fund Flint Capital and government-backed early-stage fund FRII poured an undisclosed amount into St Petersburg-based photo manipulation detecting startup SMTDO Tech LTD.
Barcelona, Spain-based startup Voz.io raised $150,000 in a seed funding round from Kima Ventures for the development of its browser-based call center business and user acquisition strategies.
India-based music streaming service Gaana.com added independent music portal Musicfellas.com for an undisclosed amount, with the latter's site to be shut down and its catalogue to be moved to Gaana.
Kolkata, India-based public sector enterprise Balmer Lawrie & Co Ltd bought Mumbai-based travel venture Vacations Exotica including its employees and customers from Vacations Exotica Destinations Pvt Ltd for an undisclosed sum.
