Unilazer Ventures invested an undisclosed amount in Mumbai, India-based grocery e-tailer EkStop.com and has taken a 25% stake in the firm as part of the investment which will be used for the company's expansion.
Deals
UK firm Arle Capital eyes sale or listing of oil business -report
London, UK-based private equity group Arle Capital Partners is planning either an exit or a listing of its British oil services company Expro this year, according to a report citing inside sources.
US clothing retailer Men's Wearhouse launches second move in hostile bid for Jos. A. Bank
Texas-based clothing retailer Men's Wearhouse made a $1.6 billion ($57.50 per share) cash offer as its latest move in a hostile bid for Maryland-based firm Jos. A. Bank, after its $55 per share offer was rejected.
Verint to add Silicon Valley's KANA Software in $514M deal
New York-based analytics software solutions provider Verint Systems plans to acquire Silicon Valley-based customer service solutions developer KANA Software in a deal valued at $514 million.
Crowdfunding platform Launch Angels raises nearly $1M for first venture fund
Launch Angels, a Boston-based investment platform focused on equity crowdfunding, closed its first venture fund called Where Angels Fund with nearly $1 million. Associates from Where Inc were the investors in the fund.
Latest News
Utah-based travel management firm Christopherson Business Travel bought Alabama-based travel agency All Seasons Travel for an undisclosed sum to form one of the biggest travel firms in the US.
Arseus, a Belgium-based healthcare group, said it has sold its Dentals software Julie, Arseus Dental Lab, Arseus Dental Solutions Benelux and Arseus Dental Solutions France Ouest to Henry Schein Inc for €50 million.
Hyderabad, India-based tech incubator BitChemy Ventures poured in $6 million in three startups - 3LOQ Labs, Cafyne Inc, and Altiux Innovations, according to a report.
Former President of the United States Bill Clinton is the Honorary Chancellor of a controversial private equity-backed Laureate Education Inc, a for-profit company, Bloomberg reported.
China-based firm Harbin Bank is planning to file for a $1 billion initial public offering (IPO) in Hong Kong within January, according to sources familiar with the matter.
Indonesia-based state-run builder Wijaya Karya (WiKa) completed the purchase of state-controlled asphalt manufacturer Sarana Karya in a deal that is expected to support WiKa's expansion projects.
Madison Dearborn Partners is leading a group that includes CoVant and an investor group run by Joseph M. Kampf that is buying LGS Innovations from Alcatel-Lucent for $200 million, The Washington Post reported.
United Dairy Power, the biggest privately owned milk supplier in Australia, is looking to dispose a stake in the firm to an Australian diary investor for an undisclosed sum.
Poland-based digital cable firm Multimedia Polska bought cable operator Telektronik from Reda for an undisclosed amount, making way for the addition of new services to its current portfolio.
