Bhawna
Stories by Bhawna
Sweden’s Fram to buy Rocket-backed Carmudi’s Vietnam business
Swedish-Vietnamese IT service provider Fram will pay $50,000 for 95 per cent stake in Rocket Internet-backed Carmudi
India Dealbook: Identity management startup ERA, AI platform Raybaby raise funding
Investment in ERA was recently concluded at MTV Dropout, India’s first startup reality show.
India Dealbook: Smaash raises funding; PVH merger; Billdesk launches coinome
Smaaash was started by Shripal Morakhia in 2012 with its first centre of over 40,000 sq. ft in Mumbai.
Ascendas India Trust to buy six warehouses in Panvel for $83m
Recently Ascendas-Singbridge also floated a JV with Firstspace Realty to enter India’s industrial logistics market.
India Dealbook: TempoGO, MiStay raise funding
TempoGO has also got an additional funding from Dubai-based NB Ventures.
Thomas Cook to divest 5.42% stake in Quess Corp worth $93m
Post divestment, Thomas Cook will retain a controlling stake in the company and its shareholding will come down to 51.56%.
India Dealbook: Playment, TAO Automation raise funding
Last year in July, the company had raised $800k in pre-Series A round from VC firm SAIF Partners.
India Dealbook: Nuvepro, Redbook and Mr Button raise funding
Nuvepro will use the proceeds to deepen its R&D efforts and for expansion.
India: Portea Medical raises $26m in Series C round led by Sabre, MEMG CDC
The company had raised $37.5 million in its Series B round in 2015.
Singapore’s Ascendas-Singbridge launches fifth office fund in South Korea
The fund is a 10-year closed private fund with an equity of S$39.6 million.
