Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.
Investors
Tata Sons - Singapore Airlines approvals held back a week
The government regulatory agency FIFB pushed back review of necessary approvals for the SIA-Tata Sons airline deal.
ICVL showed interest in Riversdale Mining coal mines
The International Coal Ventures Ltd consortium is interested in purchasing Rio Tinto. The International Coal Ventures Ltd had indicated its interests in the puchasing the Rio Tinto owned Riversdale Mining coal operations located in Mozambique.
Galfar Engineering offer oversubscribed
One of Oman's largest construction firms have issued a rights issue that was 96% oversubscribed.
Blackstone's Brixmor to gather up to USD 787.5 million in US share sale
Blackstone Group's Brixmor Property Group would be raising USD 787.5 million in a planned US IPO.
Latest News
According to a report by Techcrunch, Prime Ventures provided a capital infusion of USD7 million to mobile games marketing platform AppLift.
Anaqua scored USD 25 million from Bessemer Venture Partners. Private equity firm Bessemer Venture Partners (BVP) backed technology firm Anaqua with a USD 25 million investment.
HSBC Holdings would be winding down the operations of its InvestDirect Securities unit in India. HSBC Holdings would be exiting its India-based retail broking and retail depository services unit in India.
NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.
TextPower raised capital commitments amounting to USD 525,000 in its Series A round. TextPower Inc completed its Series A financing round with USD 525,000 in investments.
A Blackstone Group-led consortium would privatize Pactera Technology. A buyout group led by private equity firm Blackstone Group would be taking China-based Pactera Technology International Ltd private.
Private equity firms Carlyle Group and AlpInvestment Partners assumed the management of two fund of funds in Indiana.
Marketing intelligence company Mintigo raised USD10 million in its recent funding to further growth in social data marketing and company sales.
Beijing Enterprises Water raised USD 145 million from selling shares to its controlling shareholder Beijing Enterprises Environmental Construction.
