Urban life services – Series A round

Urban life services – Series A round

Positioning itself on the very young but fast growing Russian market for online food delivery and urban life services, Daytoday.ru aims to become a leader in a market estimated to reach $3.9 billion by 2016. A genuine household assistant, Daytoday.ru offers web-based,...
China M&A Activity Plunges by a Third in First Half: PwC

China M&A Activity Plunges by a Third in First Half: PwC

CNBC 14 August 2012 Mergers and acquisitions activity in China plunged by a third in the first half of the year, as companies held back on deals amid uncertainty over the world’s second-largest economy. Still, the number of deals is expected to pick in the second half...
JPM, London fund invest $20 million in Dubai e-commerce firm

JPM, London fund invest $20 million in Dubai e-commerce firm

Reuters 26 September 2012 J.P. Morgan Chase (JPM.N) and Blakeney Management have invested over $20 million (12.36 million pounds) in a Dubai-based e-commerce firm which sells designer clothing, a sign that global investors are interested in the Middle East’s...

Jhunjhunwala ups stake in Geometric

Business Line 20 September 2012 Mumbai: Ace investor Rakesh Jhunjhunwala today purchased a 4.5 per cent stake in Godrej group firm Geometric Ltd from a foreign fund of Credit Suisse for about Rs 30 crore. With today’s purchase of 28.26 lakh shares, the cumulative...