The UK website of e-commerce giant eBay will soon allow the sale of Bitcoins and other digital currencies under the Virtual Currency category, CNET reported.
Sectors
Philippine-based Ongpin group hikes stake in Alphaland
Former Philippine trade minister Roberto V. Ongpin and his associates have hiked their collective holding in real estate developer Alphaland Corp to 50.57%, diluting British fund Ashmore's interest to 24.41%.
Israel-based cybersecurity firm Aorato receives $10M in Series B funding
Israel-based firm Aorato secured $10 million for its Series B round participated in by well-known investors as it launches into the cyber security with its pioneering product known as the Directory Services Application Firewall.
Canada-based BuildDirect obtaines C$30M in Series B financing led by Mohr Davidow Ventures
Mohr Davidow Ventures led the Series B round for Vancouver, British Columbia-based BuildDirect which raised C$30 million. High profile investors Canadian investors like BDC Venture Capital also joined the round.
Tech fund for Hawaii startups mbloom LLC closes $10M early stage venture capital fund
The first early stage technology fund in Hawaii. mbloom, was able to obtain $10 million for its first venture capital fund, a public-private partnership between the Hawaii State Development Corporation and Rosemont Seneca Technology Partners.
Latest News
Srinath Batni, a member of the Board of Directors of India-based IT services provider Infosys, sold 20,000 company shares for INR7.46 crore at the Bombay Stock Exchange (BSE).
The Jamaican bobsled team, which last competed in the Winter Olympics in 2002, is using crowdfunding to raise funds that will allow them to compete in this year's Winter Olympics, ABC News reported.
Santa Monica, US-based company Beats Electronics is finally shutting down its MOG streaming service on April 15, and aims to convert the service's subscribers to Beats Music.
Singapore-based Golvis Investment Pte, an investment firm founded by ex-Goldman Sachs Group managing directors, plans to make its Japan-focused hedge fund available to investors this quarter, according to sources interviewed by Bloomberg.
India-based online baby and kids store FirstCry.com scored $15 million in a Series C funding round led by Vertex Venture Management to expand its online, offline, and mobile presence.
Goldman Sachs Group Inc is predicting a flood of initial public offerings to be held in South Africa as private equity buyers divest their investments, Bloomberg reported.
Wikipedia co-founder Jimmy Wales picked up a big stake in London-based mobile provider The People's Operator (TPO) in a bid to expand into the US and other international markets.
With a recovery in the IPO market propelling private equity backers to exit their investments, lenders are readying to list more UK retailers on the London bourse, the Financial Times reported.
Private equity and venture capital investors are exhibiting renewed interest in India's online retail space, a segment considered as an investment bubbly early last year, Mumbai-based online website dna reported.
