Some of the early backers of Groupon Inc., GRPN -2.11% including Silicon Valley veteran Marc Andreessen, are heading for the exits, joining investors who have lost faith in companies that had been expected to drive a new Internet boom.
At least four Groupon investors who held stock more…
Quikr Mauritius Holding Pvt Ltd, the parent company of Quikr India Pvt Ltd which runs online classifieds site Quikr, has raised $32 million in its fifth and also its largest round of funding, led by private equity firm Warburg Pincus. Existing investors Matrix Partners India, more…
Accel Partners, the top outside stakeholder in Facebook (FB) Inc., is investing $75 million with partners including Baring Vostok Capital Partners in Avito.ru, a Russian classified advertising website.
Palo Alto, California-based Accel is providing the funding along with the Baring Vostok Private Equity Fund IV and existing Avito investors Investment AB Kinnevik and Northzone Ventures, both based in Stockholm, according to a statement from Avito today. more…
Oktogo.ru, the leading Russian online hotel booking and travel company, announced today that the company has raised $10 million round of financing from VTB Capital, the investment arm of Russia’s largest bank VTB and existing investors Mangrove Capital Partners, Ventech Capital and ABRT. The new investment will bring the total equity capital raised by more…
Adzuna, the next-generation job search engine, has today announced it has raised £500k investment financing from Index Ventures, The Accelerator Group and existing investors including Passion Capital. The latest funding follows a seed round last year. Launched in July 2011, Adzuna classifieds aims to more…
Prince Alwaleed bin Talal, the Saudi investor with stakes in Apple Inc. (AAPL) and Citigroup Inc. (C), and his investment company agreed to buy a $300 million stake in Twitter Inc., the microblogging service with about 100 million users.
The agreement to acquire a “strategic stake” in Twitter more…
Briefly…The Naspers owned MIH Internet Africa has announced that the local resources at its online classifieds start-up, Kalahari Ads, will be consolidated with international resources available via OLX, another Naspers owned entity operating one of the world’s fastest growing online classified platforms. This move is a bid to grow Naspers’ online classifieds footprint more…
The internet has played a huge role in the success of many of today’s best real estate investors. It enables investors to buy properties that they have never seen in person and sell properties to individuals around the world. However, just because opportunities are “out there” – and we mean way out there in some cases – does not mean that a global real estate investing operation will be right for every real estate investor. more…
