Boutique Vintners Turn to Private Equity for Help

New York Times 25 April 2013 Needing financing for his California vineyard, Ed Sbragia turned to a private equity group that invests in wine-related businesses. When Ed Sbragia started Sbragia Family Vineyards, it was an accomplishment that was nearly a century in the...
Google Buys Wavii For North Of $30 Million

Google Buys Wavii For North Of $30 Million

Techcrunch 24 April 2013 Google has finally closed the deal on Wavii, a natural language processing startup, for a price that is more than $30 million, we’re hearing from a legitimate source. Both Apple and Google were competing for the Seattle-based startup, and...

Two MFIs to get $10 mn each from IFC

Business Standard 24 April 2013 (Chennai) The proposed fund-raising, through ECB route will help the firms expand their base International Finance Corporation has decided to, in stages, invest around $10 million (Rs 54 crore) in each of two micro finance companies,...