Oct 20, 2014 | News, North America
Global investment bank Credit Suisse is launching a new initiative called the Entrepreneurs Circle to support African-American entrepreneurs in the U.S. The bank has selected 12 members to start the program, which will offer access to bank loans, members of the...
Oct 20, 2014 | India, News, North America, South & Central Asia
MUMBAI, Oct 20 (Reuters) – U.S. private equity firm Warburg Pincus LLC has agreed to buy a significant minority stake in India’s Kalyan Jewellers for about $200 million, five sources with knowledge of the transaction told Reuters on Monday. The Indian...
Oct 19, 2014 | MENA, News
DUBAI, Oct 19 (Reuters) – Abu Dhabi-based buyout firm Gulf Capital is looking to invest in 10-12 companies over five years with the launch of its third private equity fund of $750 million, its chief executive said on Sunday. “We are making offers and...
Oct 17, 2014 | Central & Eastern Europe, News, Russia
Brainly, a global social learning network designed to allow students to help each other with schoolwork, has completed a $9 million Series A funding round with the participation of several major venture funds. Among them are General Catalyst Partners, who led the...
Oct 17, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Lifting any possible doubt about the resilience of Ukraine’s high-tech sector in these troubled times, the IDCEE conference was held brilliantly last week at the Olympic stadium of Kiev. Some 2,000 local and foreign startup entrepreneurs,...
Oct 17, 2014 | Central & Eastern Europe, News, Russia
Moscow based fund Guard Capital has bought 15% of DoktorNaRabote, a Russian social network for doctors, for $2.8 million. The project’s cofounder Stanislav Sazhin stated that the business angels from whom Guard Capital purchased its stake left the company having made...
