MFI IntelleCash buys 60% stake in Arohan

Sep 25, 2012 | India, News

MyDigitalFC 15 September 2012 In what can be seen as the first consolidation move in the Rs 20,000 crore-plus micro finance industry, IntelleCash Microfinance Network Company (P) Limited, an arm of the Intellecap group of companies, has bought 60 per cent stakes in...

E-commerce SaaS solution developer secures $600,000 from Leta Capital

Sep 25, 2012 | News

East-West Digital News 24 September 2012 Leta Capital announced last week it has invested $600,000 in Redhelper, a provider of SaaS solutions for online customer service and behavioral data analysis for e-commerce sites. The transaction valued the company at “more...

Station X Closes Second Round of Equity Financing led by Runa Capital

Sep 25, 2012 | News

Market Watch 17 September 2012 REDWOOD CITY, Calif., Sep 17, 2012 (GlobeNewswire via COMTEX) — Station X Inc., a company dedicated to simplifying the analysis and visualization of genome-scale data in clinical and research settings, today announced the closing...

Maxwell Biotech VC fund finances fight against bronchial asthma

Sep 25, 2012 | News

Marchmont News 21 September 2012 Maxwell Biotech, a Russian VC fund, has decided to invest in Eleventa, a start-up established earlier this year to develop and commercialize drugs to treat bronchial asthma and some other respiratory allergic diseases, the official...

French advertising solution provider Weborama acquires Russian agency Interactive Services

Sep 25, 2012 | News

East-West Digital News 21 September 2012 Last week, Weborama, a Paris-headquartered provider of online advertising solutions, announced it has acquired in cash a 51% stake in mobile marketing agency Interactive Services for an undisclosed amount. Based in Moscow,...

Russian software publisher ABBYY acquires US VAR Digital Documents

Sep 25, 2012 | News

East-West Digital News 21 September 2012 Abbyy, a Moscow-headquartered global provider of document recognition, data capture and linguistic technologies and services, announced last week it has acquired Digital Documents, a California-based value-added reseller (VAR)...