London-based entrepreneur George Burgess secured $1 million (£604,000) in funding for the next project to develop a mobile app called Gojimo that helps high school students pass their exams.
Deals
Blockbuster continues to remain an upscale chain in Mexico with $31M sale- report
The $31 million deal between Dish Network Corp and Grupo Elektra for the sale of Blockbuster Mexico allows the video rental service to continue to live on as an upscale chain in Mexico, Bloomberg reported.
Australian online tailoring startup InStitchu expands to the UK
Sydney, Australia-based online tailoring startup InStitchu expanded to the UK by partnering with two London-based entrepreneurs who planned to open a similar business but instead bought a minority stake in the company's new UK subsidiary.
UK-based phone recycling firm Redeem acquires rival Eazyfone
Bathgate, West Lothian-based mobile phone recycling company Redeem Holdings acquired Macclesfield, Chesire-based rival Eazyfone for an undisclosed amount to enhance its processing capability and increase its annual takeover.
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.
Latest News
Blue Bottle Coffee was able to raise a $25.7 million investment in a financing round led by Morgan Stanley Investment Management, a source told TechCrunch.
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.
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.
