Bengaluru-based mobile gaming startup Mech Mocha Game Studios Pvt. Ltd is raising up to $10 million (Rs 71 crore at current exchange rates) as part of its ongoing Series B funding round, a top company executive told TechCircle. The startup is looking to raise around $5-6 million for the first close from new and existing investors, Arpita Kapoor, co-founder and chief executive of the venture, said over the telephone. South Korea-based Neoplux, the private equity and venture capital arm of Doosan Corp, and Akatsuki, the investment arm of Japanese mobile gaming company are the new investors coming on board.
Buoyed by the success of ride-hailing firms Ola and Uber Technologies Inc., investors are pouring funds into the next wave of mobility startups in India as urban transportation bookings move online.
The company will use the proceeds for product development and market expansion. The post Chinese mobile security firm Zhizhangyi raises $29m Series B round appeared first on DealStreetAsia.
Automotive and transportation focused investment firm further develops portfolio of innovative products to the transportation and commercial vehicle industries BLOOMFIELD HILLS, Mich., October 16, 2018-- Michigan Capital Advisors ("MCA"), a private equity firm focused on the automotive and transportation-related industries, announced today that it has made an investment in Ventech, LLC ("Ventech"). Terms of the transaction were not disclosed. Ventech is the developer of the Liquid Heat Generator ("LHG"), a revolutionary mobile heating technology.
SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with [...]
SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said on Friday.
On Tuesday afternoon, before a packed house at the Detroit Institute of Art's film theatre, 11 startups just finishing a summer stint in the Techstars Mobility accelerator program took to the stage to talk more about what their companies were developing. Company founders pitched to a crowd of investors, entrepreneurs, automotive and tech executives, and [...]
Initialized Capital Leads Investment; Members Receive a 1% Cashback Debit Card, High Interest Savings and an AI Financial Assistant SAN FRANCISCO, September 19, 2018-- Empower, a financial technology company whose mission is to reimagine consumers' relationship with their money, today announced it has raised $4.5 million. The round was led by Initialized Capital with participation from existing investor Sequoia Capital. This latest round will accelerate the company's new product offering, Empower banking, a new kind of mobile bank with unmatched rewards.
Mobile Rewards Platform Fave Raises Us$20m In Series B Funding, Companies & Markets News & Top Stories - The Straits Times
September 06, 2018 10:26 AMSINGAPORE - Online-to-offline (O2O) platform Fave has raised over US$20 million in its latest Series B funding round from strategic and existing investors including Sequoia Capital India, SIG Asia Investments and South-east Asian venture capital firm Venturra Capital.
Buyouts Insider/Argosy Group LLC produces several free newsletters that are sent directly to the email you provide at registration (namely, PE Hub Wire, PE Hub Canada Wire, PE Hub Wire Top Story of the Week, Buyouts Daily, and VCJ Alert). To enable us to keep providing these services free of charge, we reserve the right to contact you with special invitations to sample or purchase private equity-related products. By submitting this free subscription request for any of these products, you are also consenting to this communication.