Jun 11, 2014 | India, News, South & Central Asia
MUMBAI, June 12 (Reuters) – In India’s IT services outsourcing sector, local start-ups, often backed by U.S. venture capital funds, are nipping at the heels of industry heavyweights such as Tata Consultancy Services Ltd (TCS.NS) and Infosys Ltd (INFY.NS)....
Jun 11, 2014 | Central & Eastern Europe, News, Russia, Southeast Asia
East-West Digital News Over the past months Russian seed-stage fund SpinUp Partners has invested in two Asian startup accelerators – a pioneering move among Russian funds, which usually consider California the prime destination in their global investment strategy. In...
Jun 11, 2014 | Central & Eastern Europe, News, Russia
KidBook, a startup with an interactive library of educational and training multimedia books for children, has raised 10 million rubles (approximately $300,000) in its first round of funding. The funds, which have been provided by a group of individual investors led by...
Jun 10, 2014 | News, North America
TechCrunch June 10, 2014 Google is today confirming that it has purchased Skybox Imaging, the satellite startup that we reported it was close to acquiring last month. The price is somewhat lower than we had heard it would be: $500 million rather than close to the $1...
Jun 10, 2014 | France, News, North America, Western Europe
Enquire, an innovative new “local community” or “hood” Q&A app is now being rolled out in eighteen US cities and Paris. Enquire helps visitors and local users alike get “human” answers to questions such as “where’s the best place to take a photo of the skyline”...
Jun 10, 2014 | News, Western Europe
LONDON, June 10 (Reuters) – Investors in private equity are turning their backs on established funds and increasingly putting their money in new vehicles and individual deals as returns struggle to regain pre-crisis highs, a survey showed on Tuesday. Over the...
