Bessemer Venture Partners has promoted three professionals, two of whom are located in Mumbai and one in Massachusetts.
2 min read · 05 January 2013
The investment in Digital Marketing Solutions follows an initial round of funding by IDG Ventures Vietnam and will help the company enhance its mobile and online advertising services.
2 min read · 05 January 2013
Aurum Ventures, Canaan Partners and Evergreen Venture Partners are among the firms that have invested in N-trig. The investment will be used to fund technological innovation and the development of new platforms.
1 min read · 05 January 2013
Anil Ahuja, formerly co-head of 3i Asia with Mark Thornton, has been appointed as the head of 3i's Asian operations. He will continue to lead the India team and report to Chris Rowlands, chairman of 3i Asia.
2 min read · 05 January 2013
Australia's Pinnacle Investment Management, along with former AMP Capital executives Bill Cook and Peter Ludemann, will begin fundraising for its maiden fund in March.
2 min read · 05 January 2013
The Australia- and New Zealand-focused firm has launched its third buyout fund, targeting A$500m more than its predecessor. The firm expects to hit a first close on the fund by April.
2 min read · 05 January 2013
Israeli companies drew $2.1bn in venture funding in 2008, the highest in eight years, although there was a marked slowdown in investment activity in the last quarter.
2 min read · 05 January 2013
Asset Reconstruction Company of India is reportedly seeking to buy non-performing assets from Indian banks and financial institutions.
2 min read · 05 January 2013
Dubai World-owned Istithmar World has reduced its staff by 13 in a bid to address existing market conditions.
2 min read · 05 January 2013
The Satyam scandal has brought forgotten corporate governance issues back out into the open in India, which could effect future deal flow, writes Siddharth Poddar.
2 min read · 05 January 2013
