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Gurgaon based Healthians secures $12 million in Series B funding
Healthians, a home health test provider, has reportedly secured Rs.85 crore ($12 million) equity in a Series B investment round. The investment round was led by DG Daiwa Ventures and DG Incubation of Japan, with equal participation from companies like Trifecta and Kotak Private Equity from India, To... Read More
Vista Equity Partners unveil new company expansion efforts in Asia
Vista Equity Partners, a renowned American venture capital and private equity company, has reportedly announced that it has opened a new office in Singapore. The new office would come under the Vista Consulting Group (VCG) name. VCG is an affiliated consulting unit of the Texas-based leading investm... Read More
Daimler amid plans to reduce workforce to save €1Bn by 2022
With stringent emissions norms being imposed worldwide, automakers are forced to recall their sold vehicles owing to imposed legal actions. German auto giant, Daimler AG has reportedly been hit by expensive recalls lately, which includes a €870-million fine for selling vehicles that did not com... Read More
Beverage brand Coolberg raises $3.5 million in Series A funding round
Rising demand for functional brews for the health conscious who do not want to compromise on the taste is pushing the non-alcoholic beverage industry across the world. This globally growing accessibility of non-alcoholic beverages is also driving product popularity among customers, leading to growth... Read More
Apollo Global looks to acquire Florida-based Tech Data for $5.4B
Tech Data, an American multinational home-grown business located in the Tampa Bay area, Florida, recently announced that it has inked an agreement to be acquired by Apollo Global Management, a private equity giant, for a sum of $5.4 billion. Apparently, Apollo will be paying $130 per share of Tec... Read More
Clinigence & AHA ink Letter of Intent, set for iconic merger
The potential merger may bring value proposition to the healthcare industry. U.S. healthcare system embraces value-based reimbursements. Clinigence Holdings (“Clinigence”) entered into a letter of intent (LOI) with Accountable Healthcare America (“AHA”) to... Read More
Sears to shut an additional 96 Sears and Kmart stores by February 2020
Sears, a renowned chain of departmental stores in the United States, is reportedly closing 96 of its Sears and Kmart stores across 30 states by February of next year. The company is continuing a trend that has been growing over the past few months. Reports cite, the company would now operate acro... Read More
Video game developer Flavourworks raises $3.8Mn from Series A round
With growing popularity of augmented reality (AR) and virtual reality (VR) gaming, the interactive video game market is witnessing substantial growth lately. Various interactive video game startups are increasingly working towards innovations in the sector. This momentum, in turn, is bringing in var... Read More
WhatsApp launches shopping catalog feature for business users
WhatsApp, the Facebook-owned free platform for messaging services, recently announced to have launched a catalog feature to the WhatsApp Business App for both iPhone and Android phones. Although the feature will be initially available for WhatsApp Business users in Germany, Brazil, Indonesia, Ind... Read More
Coveo completes $227 million funding round led by OMERS Equity
OMERS Private Equity recently confirmed that it has led the series F funding round for Coveo, with $227 million being raised. Apparently other firms who participated included current investors Elliott Management’s Menlo Park, FSTQ and Evergreen Coast Capital. According to Coveo, the newly a... Read More