California startup PunchTab bags $6.25M in new funding to run loyalty programs for enterprises

Palo Alto, US-based analytics and SaaS (Software as a Service) startup PunchTab bagged $6.25 million in its recent funding round led by Mohr Davidow Ventures to run loyalty programs and promotions for its large enterprise clients.

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New York brand advocacy startup Crowdtap picks up $5M in Series B funding

New York, US-based brand advocacy startup Crowdtap picked up $5 million in a Series B funding round led by Foundry Group to continue inspiring its customers to create quality promotional content on blogs and social media sites.

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Colorado-based firm GutCheck secures $4M in funding to test out business ideas

Denver, Colorado-based online market research firm GutCheck secured $4 million in a funding round led by Icon Venture Partners to test out the potential of different business ideas.

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Canaan Partners invests in Indian digital media firm SureWaves

Connecticut, USA-based venture capital firm Canaan Partners invested INR35 crore in Bangalore, India-based digital media firm SureWaves for the latter's global growth and workforce expansion.

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Multinational companies line up to hike stakes in Indian subsidiaries -India Times

The Reserve Bank of India recently announced that multinational companies can hike their stakes in Indian arms without its approval. Many MNCs are now looking to increase their stakes, go for a merger or de-list their local units.

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Nestle to exit from bulk of Jenny Craig business to private equity firm

Food giant Nestle announced its intention to sell the bulk of its Jenny Craig business to private equity firm North Castle Partners.

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Ferrero not for sale, denies receiving bid from Nestle

Italian confectionery firm Ferrero said through its spokesman that reports about the company receiving acquisition offers were complete fabrications.

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Nestle plans to divest Jenny Craig - sources

Sources told Reuters that Nestle had plans to exit from its unprofitable businesses like Jenny Craig.

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Nestle weighs L'Oreal stake sale

Nestle SA said that it would keep all possible options open as it considers the sale of its 29.4% stake in L'Oreal SA.

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Nestle expected to divest L'Oreal shares

One scenario is the divestment of the L'Oreal shares but Nestle may pull a surprise at the last minute.

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L'Oreal says it has funds for Nestle buy back

French cosmetic firm L'Oreal said it could afford to buy back the EUR 23 billion stake that Nestle holds in the firm.

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L'Oreal Ready to buy out Nestle stake in 2014

L'Oreal CEO Jean-Paul Agon said that the company would be ready to buy Nestle's stake in the company which was valued at EUR22 billion.

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Joe Galasso, New Director of Sales at Alkame(TM) Water

Joe Galasso was named as the new Director of Sales at Alkame(TM) Water.

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Tetra Pak Under Probe In China

China probes Tetra Pak for possible market dominance

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Infant Milk Price Cuts from Nestle and Danone as a response to China's probe

Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.

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