Togo’s Oragroup Seals Fresh $18m Investment

Togo’s Oragroup Seals Fresh $18m Investment

Ventures Africa 7 May 2013 Oragroup, a Togo-based regional commercial banking company, today announced that it closed a first tranche of equity fundraising at $18 million from investors including Development Finance Institutions BIO and PROPARCO. Commenting on the...
Adcock Ingram Receives Proposals For Stake In Company’s Business

Adcock Ingram Receives Proposals For Stake In Company’s Business

Ventures Africa 10 May 2013 Adcock Ingram, a South African pharmaceutical company, on Thursday received non-binding proposals for potential transaction to acquire 100% of, or a controlling interest in the company’s securities. Interestingly, none of the proposals are...

The Logic Behind OUYA’s $15 Million Venture-Capital Infusion

Wall Street Journal 9 May 2013 When Julie Uhrman and Roy Bahat approached Mayfield Fund’s Tim Chang about a potential investment in an Android-powered game console, he was skeptical. The idea was pretty simple: a console that would cost $99 and serve as a platform for...

India’s startups lacking guardian ‘angels’

Economic Times 8 May 2013 MUMBAI: It is seen as a land of entrepreneurs, economic growth and huge business potential, but India appears to be failing its promising startup companies which are struggling to find investors. While there is no lack of ideas among the...