Dec 16, 2014 | East Asia, India, News, South & Central Asia
TechCrunch SoftBank’s investment spree in Asia is continuing today after the company announced a $90 million round for Locon Solutions, the company behind India’s Housing.com property portal. The Japanese telecom giant led the round in the property search company,...
Dec 12, 2014 | India, News, South & Central Asia
TechCrunch Snapdeal, one of India’s largest e-commerce businesses, has acquired Wishpicker, a tech platform that uses machine learning to deliver recommendations for gift purchases. The deal’s financial terms were undisclosed. The company says this is the fifth...
Dec 4, 2014 | News, South & Central Asia
TechCrunch You don’t often hear of five-year-old companies raising multi-million dollar seed rounds, but that’s exactly what’s happened in Hong Kong today where biotech firm Prenetics closed $2.65 million for its next-generation prenatal DNA testing. Prenetics...
Nov 17, 2014 | India, News, South & Central Asia
Nov 17 (Reuters) – Indian internet services provider Tikona Digital said on Monday it raised $45 million in a fresh round of funding. IFC put in $25 million, leading the round, Tikona said. The other $20 million came from funds managed by Goldman Sachs Asset...
Nov 10, 2014 | India, News, South & Central Asia, Southeast Asia
MUMBAI, Nov 10 (Reuters) – Singapore’s Temasek Holdings has bought a 10.16 percent stake in Intas Pharmaceuticals, a privately-held Indian drugmaker, Intas said on Monday. Temasek bought the stake through a secondary purchase of shares from private equity...
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...
