Goldman Sachs sells its majority share in REDI but will retain minority stake in the company. Goldman Sachs Group sold its majority stake in REDI, one of the pioneers of trading technology, to a group of investors.
Sectors
Private equity firms to exit India tech companies
Private equity firms, Providence Equity Partners and ChrysCapital, reported that it may exit Idea Cellular and HCL Technologies respectively in the near future.
Blackstone Group acquires India's Agile Electric Works
Blackstone Group placed more investments in India by acquiring Indian auto parts maker Agile Electric Works.
McGraw-Hill acquires shares in joint venture with Tata Group
McGraw-Hill Education acquired minority ownership share in Tata McGraw-Hill Education Private Limited originally held by two Tata charitable trusts.
CORRECTED: Xamarin closes US $16 million in series B funding
The apps developer Xamarin gets US $16 million funding, which it intends to use for its exponential growth.
Latest News
Taykey get US $6 million from another round of funding led by Tenaya Capital. Topical Advertising channel Taykey announced a US $6 million worth of fresh capital infusion from four investors led by venture firm Tenaya Capital.
Regulus Therapeutics is expecting to raise US $42.8 million from its IPO after the Securities and Exchange Commission consented the offering on Tuesday.
Private equity firm J-STAR secured investment commitments amounting to JPY11.86 billion from both global and domestic investors.
Bluenose Gold Corp announced the acquisition of the Zenyatta West Graphite Project. Bluenose Gold Corp. announced that they have agreed to acquire a 100% interest in the 16 mineral claims dubbed as the "Zenyatta West Graphite Project".
A group of investors led by Siparex is buying Groupe CEBTP but finalization of the deal would have to wait until third quarter of 2013.
Mobile app Vivino gets US $10.3 billion funding as it gears up to develop and expand its brand in Europe and North and South America.
BNP Paribas announced their investment as one of the founding shareholders in REDI Holdings LLC. BNP Paribas announced their investment as founding shareholders in the REDI Holdings LLC (REDI).
Battery Ventures, a US-based firm, acquired IHS GmBH from Kings Park Capital but details about the transaction were not disclosed.
[x+1] announced the acquisition of mobile marketing technology leader, WDA. [x+1] announced the acquisition of WDA. This acquisition allows [x+1] integration of WDA's technology and media sources with [x+1] Origin data management platform.
