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Latest deals...
 
Indian market research company Nielsen India acquires Indian data analytics and economics research firm Indicus Analytics
19-September-2014 | Enterprise Software & Services | M&A
India-based market research company Nielsen India acquired Indian data analytics and economics research firm Indicus Analytics Pvt. Ltd. for an undisclosed consideration. The deal allows Nielsen India to expand its capabilities in micro and macroeconomics research and analytics as well as strengthen its portfolio in India. Post-acquisition, Indicus Analytics will merge into Nielsen India, while Laveesh Bhandari (Founder and MD, Indicus) will join Nielsen as Chief Economist. Founded in 2000, Indicus provides data analytics, economic modeling and forecasting services for clients in consulting, ministries and policy groups, multinational corporations as well as domestic companies across multiple sectors. Led by Piyush Mathur, (President) Nielsen India (a part of The Nielsen Co.) is a consumer and media insights company that provides media and marketing information, analytics and industry expertise about what consumers buy and what consumers watch on global and local basis.
For more details...
China-based online travel reservation platform Woqu.com raises USD 20 million in series B funding from Tencent Holdings
18-September-2014 | Online travel | Investments
China-based online travel reservation platform Woqu.com raised USD 20 million investment from Tencent Holdings Ltd. in series B funding. The current round of investment also received participation from existing investor Morningside Ventures. The company plans to utilize the proceeds from the current round of investment to further develop its mobile services and to expand its operations into other key markets including Australia, New Zealand and Europe to exercise additional growth opportunities. Founded by Huang Zhiwen, Woqu.com operates as an online travel reservation platform that allows users to book hotels, tickets, shopping, car rentals and spa services while travelling to the US.
For more details...
US-based mobile marketing automation company Swrve raises USD 10 million investment from Acero Capital led group of investors
18-September-2014 | Online and mobile advertising | Investments
US-based mobile marketing automation company Swrve New Media Inc. raised USD 10 million investment from Acero Capital led group of investors. The company`s existing investors including Atlantic Bridge and Intel Capital also took part in this round of financing. The company intends to utilize the invested capital for expanding into mobile-gaming market as well as for adding more employees to its sales, marketing and engineering teams. In conjunction with the investment, Rami Elkhatib (General Partner, Acero) joined Swrve`s board of directors. Founded in 2010 and led by Christopher Dean (CEO), Swrve is engaged in the development of in-game advertising technology that enables mobile, web and smart-TV game developers to deliver targeted experience to players. The latest investment brings the company`s total raised capital till date to USD 22 million.
For more details...
US-based advocacy marketing solutions company SocialChorus raises USD 7.5 million in Series B funding round from Kohlberg Ventures
18-September-2014 | Online and mobile advertising | Investments
US-based advocacy marketing solutions company SocialChorus raises USD 7.5 million in Series B funding round from Kohlberg Ventures. The company intends to utilize the proceeds from investment to further develop its marketing platform, accelerate business development and to expand it sales and marketing efforts. In conjunction with the funding, Lee Diaz joined as Solutions Director. Founded in 2008 by Greg Shove (CEO) and Nichole Alvino, SocialChorus operates web and mobile platforms that enable employees and brand ambassadors to participate in their brand`s social selling, social recruiting, content marketing and employee engagement initiatives and improve return on social and content marketing. The current investment brings the company`s total raised capital till date to USD 15.5 million.
For more details...
US-based mobile customer services application developer Haptik raises USD 1 million investment from Kalaari Capital
18-September-2014 | Mobile Media & Applications | Investments
US-based mobile customer services application developer Haptik Inc. raised USD 1 million investment from Kalaari Capital. The company plans to utilize the proceeds from investment to further develop its application, add new product features and build the chat operations centre. Additionally, the company intends to expand its team of customer support professionals and expand its footprint across India. In conjunction with the investment, Rajesh Raju (MD, Kalaari Capital) joined Haptik`s board of directors. Founded in 2013 by Aakrit Vaish and Swapan Rajdev, Haptik offers a mobile messaging application that allows users to connect and seek advice from experts on 180 brands across 12 categories like telecom, electronics and airlines.
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US-based data service exchange for connected device platforms Wot.io raises investment from an undisclosed group of investors
18-September-2014 | Online infrastructure and enabling services | Investments
US-based data service exchange for connected device platforms Wot.io Inc. raised an undisclosed amount of investment from an undisclosed group of investors. The company intends to utilize the proceeds from the current round of funding to further develop its technology capabilities, accelerate product innovation and to enhance its marketing initiatives to exercise additional growth opportunities. Founded in 2014 by Allen Proithis, Tom Gilley, Dave Goehrig and Mike Jeronis, Wot.io offers an open-source data service exchange that allows integration of data across different devices, systems and platforms.
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US-based wearable technology company Augmate raises USD 2.8 million in seed funding from Tim Draper led group of investors
18-September-2014 | Enterprise Software & Services | Investments
US-based wearable technology company Augmate raised USD 2.8 million investment from Tim Draper led group of investors in seed funding. The current round of investment also includes participation from UPS Strategic Enterprise Fund, Siemens Venture Capital, Simon Venture Group, Rothenberg Ventures, Excell Partners, Camp One Ventures, FP Angels and several unnamed angel investors. The company intends to use the invested capital to accelerate R& D activities and to expand the adoption of its wearable applications. Founded in 2013 by Drew Austin, Augmate is engaged in providing a cloud-based enterprise platform that provides technology to create customizable eyewear business applications for deskless employees.
For more details...
 
 
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