Kuwait investment firm launches new India-specific fund
Kuwait-based investment company Global Investment House (GIH) has launched a new hedge fund aimed solely at the Indian market.
Bharat Petroleum to buy stake in Mozambique oil asset
State-run Bharat Petroleum Corp is acquiring a 10 percent stake in an offshore hydrocarbons exploration and production asset in Mozambique for $75 million, it was announc...
MiCardia completes Rs. 360 Mn private financing
MiCardia, which develops implantable devices for the treatment of heart disease, has announced the completion of Rs. 360 million series B preferred financing.
Jupiter capital to launch private equity funds
Joining the likes of Wipro and Infosys, Jupiter capital has decided to launch private equity funds, globally known as the family office funds.
Proteostasis Therapeutics secures $45 Mn in series A funding
Proteostasis Therapeutics has secured $45 million in series A financing to develop Proteostasis Regulator drugs as novel therapies to treat multiple genetic and degenerat...
MoFuse Mobile Network secures funding
MoFuse, which gives bloggers and other content publishers the ability to publish their content to the mobile web, announced that it secured its first round of seed capita...
SpePharm gets $52 Mn funding
Paul Capital Healthcare and SpePharm Holding, B.V. have entered into a 10 million pounds revenue interest acquisition financing agreement to fund SpePharm's acquisition o...
125 percent jump in VC investments in India in Q2
VC investment in India has made a big leap in the second quarter of the year 2008, with a majority of the fund going to advertising start-ups.
Nexus India Capital closes $220 Mn fund
Nexus India Capital, one of the early stage fund in India, announced the closure of Nexus India Capital II, LP, a $ 220 million fund that the firm will invest in early st...
Mohan Uttarwar co-founded BioImagene raises $26 Mn
BioImagene, a provider of digital pathology solutions for cancer diagnosis and preclinical research, has announced the closing of a $26 million series D financing round.