San Francisco, US-based startup studio Expa, which was created by Uber founder Garrett Camp, raised $50 million in funding from big-time investors to provide seed funding for startups.
Investors
Indian fabric firm Arvind closes acquisition of 49pct stake in Calvin Klein India for INR100 crore
India-based fabric and clothing firm Arvind closed the acquisition of a 40% stake in Calvin Klein India from the Murjani Group and Matrix Partners in a deal valued at INR100 crore, according to sources familiar with the deal.
Ireland sees increasing venture capital activity with the help of private investors
Ireland saw a 6% increase in its venture capital activity with the help of private investors who poured in £237 million (€284 million) in investments in 2013.
Fireman picks up majority stake in Dunkin' Donuts franchise group in Florida
Local private equity firm Fireman Capital Partners (FCP) picked up a majority stake in a Dunkin' Donuts franchise group in Florida for an undisclosed sum.
Maruti Suzuki India Ltd to get minority stakeholders' approval for proposed car factory of parent firm
Maruti Suzuki India Ltd said it will be asking its minority stakeholders to approve the plan of parent firm Suzuki Motor to build a car plant in Gujarat, Bloomberg reported.
Latest News
Japan-based Transcosmos Inc led the $10 million funding round for Singapore-based online beauty products platform Luxola Pte Ltd, a statement about the investment said.
Washington, US-based private equity firm Emerging Capital Partners (ECP) is acquiring a 33% interest in Algeria-based PepsiCo Inc bottler Atlas Bottling Corp for an undisclosed amount as part of an expansion plan.
Social media tracking and analysis firm Synthesio bagged a $20 million Series B round from European private equity firm Idinvest Partners, a statement about the funding said.
Secret, the widely-popular anonymous social sharing app, has obtained $8.6 million in its Series A funding round from a sizable number of investors, TechCrunch reported.
Dhaka-based online grocery site ChalDal secured an undisclosed seed investment round from 500 Startups. This is the first investment in Bangladesh of the California-based accelerator, TechCrunch reported.
Belfast, Ireland-based analytics and big data firm Analytics Engines secured $1.6 million (£1 million) in a funding round led by Crescent Capital to develop its software accelerating platform and widen its market reach.
Duet Group, an alternative asset manager based in the HK, has backed two food companies in Ghana with a $50 million growth capital, a statement about the funding said.
In a first app merger in the wine sector, San Francisco, US-based wine app Hello Vino purchased wine-focused photo-sharing app Corkbin for an undisclosed amount.
Coull, a Bristol-based online video ad tech firm, has received $4 million from Paul Fraser and other existing angel investors for its latest funding round, TechCrunch reported.
