Russian investment firm Inventure Partners picked up a minority stake in Moscow-based educational and interactive online course provider Netology for an undisclosed amount to allow the latter to accelerate its product development.
Investors
OwnZones Media Network takes in USD5.9 million new funds
OwnZones Media Network has raised USD5.9 million new funding without disclosing names of its investors, to generate income instead of packing up the entire content of a site with advertisements
Richard Branson to purchase Rochelle Hotel and Mountain Vineyard
British billionaire Richard Branson has signed a deal to acquire Rochelle Hotel and Mountain Vineyard, which would add to his luxury hotel collections.
California firm Jasper lands $50M in funding to bring the Internet of Things to Coca-Cola
Mountain View, US-based Internet of Things (IoT) cloud Jasper landed a $50-million investment in a funding round led by Temasek to bring its IoT technology to Coca-Cola's new initiatives.
Italian app development platform AppsBuilder bags $1.5M in funding
Milan, Italy-based mobile app development platform AppsBuilder bagged $1.5 million in a funding round from United Ventures to consolidate its businesses in the UK and the US.
Latest News
The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.
Pune, India-based tablet and phablet manufacturer Swipe Telecom nabbed a $4.9-million (INR30 crore) investment from Kalaari Capital to widen its market reach across the country.
US-based game developers' platform Unity Technologies added San Francisco, California-based predictive analytics startup Playnomics for an undisclosed amount to step out of game engine into the game services sector.
Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.
Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.
Online website maker Squarespace has taken in USD40 million worth of Series B funding, reported TechCrunch.
Paperless Post has received USD25 million Series C funding led by August Capital, confirmed by TechCrunch.
Google Inc. has acquired Titan Aerospace without disclosing financial information regarding the deal, reported Ventures Africa.
Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
