Noida, India-based e-learning company secured $9 million (INR55 crore) in a Series B funding round led by global education research firm Hobsons for future acquisitions and network expansion.
Deals
Viridor invests in £25M glass recycling facility in Scotland
UK-based recycling, renewable energy and waste management firm Viridor invested in a £25-million glass recycling facility in Scotland that will help create 300 full-time jobs in the country.
Spiegel picks up stake in Berlin brain-training startup NeuroNation
Hamburg, Germany-based publishing group Spiegel.net has partnered with accelerator XLHealth to acquire a 25% stake in Berlin-based brain-training startup NeuroNation for an unconfirmed seven-figure sum.
WyzAnt acquires dead New York rival Tutorspree
Chicago, Illinois-based tutoring marketplace WyzAnt acquired New York-based Tutorspree, a fellow marketplace competitor, that has been closed down since September 2013, for an undisclosed amount.
Danville Materials receives $8.5M investment from North Carolina's Triangle Capital
San Ramon, California-based dental equipment designer and manufacturer Danville Materials LLC received an $8.5 million investment from North Carolina-based investment firm Triangle Capital Corp LLC.
Latest News
California, US-based education center and accelerator Singularity Universtity (SU) will launch a $50-million venture fund later this year for robotics, biotech, and nanotech firms formedy by SU students and faculty.
Although there are worries about the shortfall of funding for the venture capital industry, venture capitalists are optimistic that this will continue to be a good year for firms looking to raise money, the U-T San Diego news site reported.
Cork, Ireland-based product development services provider PCH International acquired Toronto, Canada-based e-commerce platform ShopLocket for an undisclosed amount to provide development solutions for hardware startups.
Atlanta, Georgia-based home improvement specialty retailer Home Depot purchased Houston-based window covering seller Blinds.com for an undisclosed amount to expand the technology on its company website.
Rare Enterprises, the company of ace investor Rakesh Jhunjhunwala, picked up 6.85 lakh shares of India-based liquor firm Radico Khaitan via open market in a deal valued at INR11.50 crore.
Oakland, California-based customer intelligence pipeline raised $450,000 in a funding round last month from Alchemist Accelerator and angel investors to spy on software customers and find out what keeps them happy.
Smile Mom, the app that allows moms to share baby photos and family updates with moms living nearby, has raised $1.5 million in seed funds from angel and institutional investors, TechCrunch reported.
Cascadia Capital, a diversified, boutique investment bank today announced its Consumer Practice advised Zuke's, LLC (d/b/a Zuke's) on its sale to Nestlé Purina PetCare Company, a subsidiary of Nestlé S.A. which closed in late 2013.
Limerick, Ireland-based environmental software developer AMCS Group closed €23.5 million in a funding round led by Highland Capital Partners Europe (HCPE) for its expansion into Europe, Australia, New Zealand, and the Americas.
