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Latest deals...
 
China-based big data credit assessment platform operator Wecash raises RMB 40 million investment from IDG Ventures
01-September-2014 | Enterprise Software & Services | Investments
China-based big data credit assessment platform operator Wecash raised RMB 40 million investment from IDG Ventures. The company plans to utilize the proceeds from the current round of investment to further develop its technology platform, expand its team as well as to expand its business presence internationally. Wecash is engaged in operating an online credit assessment platform that leverages data analysis and machine learning algorithms to identify social behavior of individuals and curate online information to provide personal credit scores to help lenders in reducing information asymmetries and transaction costs.
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Singapore-based mobile application and advertisement firm Affle acquires Indian mobile technology firm Appstudioz Technologies
01-September-2014 | Mobile Media & Applications | M&A
Singapore-based mobile application and advertisement firm Affle acquired Indian mobile technology firm Appstudioz Technologies Pvt. Ltd. The acquisition extends Affle`s technical expertise as well as strengthen its presence in mobile technology space. Post-acquisition, Appstudioz will be merged with Affle`s Media Lab to become a wholly owned subsidiary of Affle Holdings Singapore. Affle will also set up an R&D facility in India to strengthen its mobile app & ad technology platform. Founded in 2011 by Saurabh Singh (MD) and Abhinav Singh, Appstudioz offers mobile application development services for companies in technology, entertainment, healthcare, enterprise mobility and financial sectors across iOS, Android and Windows platforms. Founded by Anuj Khanna Sohum (CEO) and Anuj Kumar, Affle offers an end- to end Mobile Apps & Ads as Service (MAAS) platform for marketers & publishers, enabling them to build mobile assets, analyze consumer behavior and monetize their platforms.
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Indonesian online marketing agency Valuklik raises undisclosed investment from Japan`s East Ventures.
01-September-2014 | Online and mobile advertising | Investments
Indonesian online marketing agency Valuklik has raised an undisclosed investment from Japanese early stage venture capitalist East Ventures. Valuklik intends to utilize the funding in further expanding its services and offering paid social and mobile marketing services. Valuklik, founded by Randing and former Rocket Internet executive Liviu Nedef is primarily engaged in a certified Google partner specializing in Search engine optimization.
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Indonesian online social review platform WeYap raises undisclosed investment from Mountain SEA Ventures.
01-September-2014 | Online retailing | Investments
Indonesian online social review platform WeYap has raised undisclosed investment from Indonesian early stage venture capitalist Mountain SEA Ventures. WeYap founded in August 2014, enables users to discover and share local business, the site has 12,304 business listings, 489 Bars/nightlife listings, 1481 shops and 930 health and spa listings.
For more details...
Italian online crowdfunding platform operator Starteed raises an undisclosed amount of investment from a group of investors
01-September-2014 | Enterprise Software & Services | Investments
Italy-based online crowdfunding platform operator Starteed Group Srl raised an undisclosed amount of investment from Alessandro Chiaffredo, Paolo Sbuttoni along with an undisclosed private equity investor. The company was founded in 2012 by Claudio Bedino, Edoardo Benedetto and Claudio Fruttero.
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South African digital agency Aqua acquires South African marketing and e-commerce technology company Applogix
01-September-2014 | Creative and agency services | M&A
South Africa-based digital agency Aqua (WPP Plc) acquired South African marketing and e-commerce technology company Applogix for an undisclosed consideration. This deal is in line with WPP`s strategy of developing its services in high growth and important markets and sectors and strengthening its capabilities in digital media. The deal allows Aqua to broaden its offerings portfolio and provide enhance technical solutions across mobile and e-commerce space to its clients. The deal also provides Applogix with an access to Aqua`s customer base. Founded by Christian Mouton, Applogix offers web analytics, web and mobile application development, front end development, ecommerce, interaction and user experience design. Led by Brent Shahim (CEO) Aqua (a part of WPP Plc) offers a range of services including customer relationship marketing, database marketing, media planning & buying, information & insights, interactive marketing, teleservices and web analytics.
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UK-based online booking and business management solution company Appointedd raises GBP 0.16 million
01-September-2014 | Enterprise Software & Services | Investments
UK-based online booking management solution company Saloca Ltd. (Appointedd) raised GBP 160,000 in funding from Equity Gap, Apollo Informal Investment and the Scottish Investment Bank. Saloca, founded by Leah Hutcheon (CEO), provides cloud-based booking and business management platform, Appointedd for service businesses to manage online bookings, schedule tasks and keep customer records.
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