ING Group will exit its South Korea-based investment management business to acquire Australia's Macquire.
Investors
Maine Pointe hires Koinis as EVP
Steven Koinis was named as Maine Pointe's new vice president for private equity. In an announcement made by Maine Pointe today, the operations management provider named Steven Koinis as its new Executive Vice President of Private Equity.
Travel booking provider Groupize receives US$2 million
Groupize raised US$2 million in its latest Series A fundraiser. Groupize, a travel booking engine provider, announced on Wednesday that it received US$2 million is Series A funding.
StorSimple co-founder is Mayfield's new partner
Mayfield named Ursheet Parikh as its new partner. Mayfield Fund, an early stage venture capital firm from Menlo Park, California, said on Wednesday that Ursheet Parikh will be its newest partner.
India’s Flipkart obtains US$200 million through private equity
India's Flipkart raised US$200 million from a clutch of private equity funds. On Wednesday, India's Flipkart raised US$200 million from a clutch of private equity funds.
Latest News
Britain would float its majority share in Royal Mail through an initial public offering this financial year.
According to the third quarter BCI Index, investors in Nigeria are becoming more confident. Business confidence levels in the Nigerian market is steadily improving, said the Lagos Chamber of Commerce and Industry, the premiere chamber of commerce in the African nation.
ViaCyte raised a US$10.6 million from selling Series C-1 Preferred Stock shares. ViaCyte announced on Wednesday that it has raised a total of US$10. 6 million in Series C-1 funding.
Today, AC Lordi announced buyback of a former business unit from Chicago Growth Partners and Peppertree Capital.
Today, Serodus ASA announced merger with Phlogo ApS for the development of two first class drug candidates and project advancements.
Due to Carlos Slim's mega investment, analysts believe that app developer Shazam will gain access to millions of Latin American customers.
Kaseya acquired leading cloud and IT service provider Zyrion. Kaseya announced its acquisition of Zyrion, Inc. today. Zyrion provided software solutions for cloud and IT service monitoring.
Eskom Holdings SOC Ltd. struggled to plug an income gap worth ZAR191 billion. Eskom Holdings SOC Ltd. admitted that it was struggling for ways to plug an income hole of ZAR191 billion equivalent to US$19.
Leading location and communication app gets US $10 million Series B funding from DCM. Location and communication app Life360 clinched a US $10 million Series B funding, which brings its total financing to US $20 million to date.
