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Latest deals...
 
UK-based marketing services firm Dentsu Aegis acquires 51% stake in Indian Out-of-Home advertising agency Milestone Brandcom
28-July-2014 | Outdoor advertising | M&A
UK-based marketing services firm Dentsu Aegis Network Ltd. acquired 51% stake in India-based Out-of-Home (OOH) advertising agency Milestone Brandcom Pvt. Ltd. for an undisclosed consideration. The deal allows Dentsu Aegis to expand its outdoor marketing offerings as well as strengthen its business presence in Indian OOH market. Post-acquisition, Milestone Brandcom will continue to retain its identity as well as its management team. Founded in 2000 by Nabendu Bhattacharyya (CEO and MD), Milestone Brandcom is an outdoor advertising agency that offers media planning & buying, event promotion activation, rural OOH activation, retail and digital OOH activation solutions in 42 Indian cities. Founded in 1978 and led by Jerry Buhlmann (CEO), Dentsu Aegis (a part of Dentsu Inc.) offers marketing, performance measurement, media planning and buying, social media activation and other media agency services through its subsidiaries.
For more details...
Japanese photo sharing application developer Mind Palette (Snapeee) raises JPY 400 million in series C funding round from Global Brain
28-July-2014 | Mobile Media & Applications | Investments
Japan-based photo sharing application developer Mind Palette Co. Ltd. (Snapeee) raised JPY 400 million in series C funding round from Global Brain Corp. The current funding round also includes participation from Kodansha Ltd. and Energy and Environment Investment. The company plans to utilize the proceeds from the current funding round to further add new features into its application, enhance its sales and marketing initiatives as well as to strengthen presence in Asian mobile application sector. Founded in 2010 and led by Takamasa Kamio, Snapeee is a photo sharing application that allows users to edit and share photos on Facebook, Twitter and other social networking streams. The company currently offers its applications for iOS and Android platform.
For more details...
Indian cloud telephony company Knowlarity raises USD 16 million investment from a group of investors in series B funding
28-July-2014 | Online infrastructure and enabling services | Investments
India-based cloud telephony company Knowlarity Communications Pvt. Ltd. raised USD 16 million investment from a group of investors in series B funding round. The participants in the current round of funding include Sequoia Capital and Mayfield Ventures. The company plans to utilize the proceeds from the current round of investment to further accelerate its research and development activities, to scale its sales and marketing activities as well as to expand its operations in India as well as in key international markets. Founded in 2009 by Ambarish Gupta (CEO) and Pallav Pandey, Knowlarity is engaged in the business of providing voice and data communication services over the internet to businesses and individuals.
For more details...
Brazilian mobile taxi booking application developer Easy Taxi raises USD 40 million in series D funding round led by Phenomenon Ventures
26-July-2014 | Mobile Media & Applications | Investments
Brazil-based mobile taxi booking application developer Easy Taxi raised USD 40 million investment in series D funding round led by Phenomenon Ventures. The current round of funding also received participation from Tengelmann Group. The company plans to use the proceeds from investment to further accelerate its growth in existing markets, develop its technology as well as scale its operations and extend its services across international markets to expand its reach. The latest investment brings the company`s total raised capital till date to USD 77 million. Founded in 2011 and led b Tallis Gomes (Co-CEO) and Dennis Wang (Co-CEO), Easy Taxi is engaged in developing a mobile application that enables users to book a taxi and confirm pickup location as well as track the booked taxi location in real-time.
For more details...
Chinese online education company Wanxue Education Technology raises an undisclosed amount in series C funding round led by Baidu Inc.
25-July-2014 | Online education | Investments
China-based online education company Wanxue Education Technology Co. Ltd. raised an undisclosed amount in series C funding round led by Baidu Inc. The current funding round also includes participation from HAO Capital and Doll Capital Management (DCM). The company plans to utilize the proceeds from the current funding round for the development of its online platform, enhancing sales and marketing initiatives as well as for expanding presence in online education sector. Founded in 2006 and led by Jacky Xi (CEO), Wanxue Education is an online education company that is engaged in providing education services including test preparation services, cloud computing, cloud education and admission consulting services in China.
For more details...
US-based online video streaming platform operator VidAngel raises USD 600,000 in seed funding from a group of investors
25-July-2014 | Internet (general) | Investments
US-based online video streaming platform operator VidAngel Inc. raised USD 600,000 in seed funding round from a group of investors. The investors took part in the current financing round includes Alta Ventures, Kickstart Seed Fund and Stonewall Capital. The company intends to use the invested capital for enhancing the adoption of its platform, expand its catalogue of videos as well as exercising additional growth opportunities. Led by Neal Harmon (CEO), VidAngel operates a websites and provides a web application for streaming videos and movies, providing viewers with customizable filters so that viewers can control what they see and hear based on their personal values and content preferences.
For more details...
US-based computing and communication solutions company Apple acquires US-based book recommendation platform operator BookLamp
25-July-2014 | Consumer Software & Services | M&A
US-based computing and communication solutions company Apple Inc. acquired US-based book recommendation platform operator BookLamp for an undisclosed consideration. The acquisition expands Apple`s capabilities in book recommendation space as well as allows it to further enhance its iBook services with better recommendations, search and categorization. Post-acquisition, BookLamp`s services will be discontinued and its team will join Apple. Founded in 2011 by Aaron Stanton (CEO), BookLamp operates a book analytics and recommendation platform, Book Genome Project that allows users to find books based on natural language analysis of other titles. Founded in 1976 and led by Tim Cook (CEO), Apple develops and markets consumer electronics, computer software and personal computers devices. The company`s major products include Macintosh, iPod, iPhone and iPad.
For more details...
 
 
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