Sep 26, 2013 | India, News, South & Central Asia
Economic Times Sept 24 BANGALORE: Seedfund, an early-stage investor, has invested in Axis Rooms Travel Distribution Solutions, whose room management software allows hotels to update and share their inventory status with agents and portals in real time. Currently,...
Sep 26, 2013 | News, North America
Sept 25 (Reuters) – Mediterranean style restaurant chain Zoe’s Kitchen is beginning to speak with banks about an initial public offering that could come next year, according to two sources familiar with the matter. The Birmingham, Alabama-based company is...
Sep 26, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The main owners of indebted Russian drugstore company Pharmacy Chain 36.6 plan to sell down their stakes, Kommersant reported Tuesday. Artyom Bektemirov and Sergei Krivosheyev will sell a stake of about 30 percent in the chain to banker Roman Avdeev...
Sep 26, 2013 | News, North America
SAN FRANCISCO, Sept 25 (Reuters) – Entrepreneur Nicole O’Rourke has a novel idea for raising cash that would have been illegal until this week: smacking a “fund me” sticker on every bottle or can of hair products from her start-up business,...
Sep 26, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News InMyRoom.ru, a Moscow-based startup that promotes home decor items, has just raised half a million dollars. The startup was launched one year ago and allows Internet users to buy interior furnishing and accessories based on attractive photos....
Sep 26, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Alexander Zanadvorov, the owner of upper tier supermarket chain Sedmoi Kontinent, is preparing to sell the chain’s managing company along with the rights to rent 130 of its 160 stores for a 15-year period. The deal could be worth between $2.4...