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Posts Tagged ‘ Groupon Inc ’

Deals site Nearbuy gets $2.2 mn in loans from BlackSoil Capital

Tuesday, September 13, 2016 | More »

Money
Deals and discounts site Nearbuy has raised venture debt of Rs 15 crore (about $2.25 million) from non-banking financial company BlackSoil Capital Pvt. Ltd. The Gurgaon-based company plans to use the capital to invest in customer and merchant technology, it said in a statement. This is the first deb...

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Groupon cedes control of Indian arm to Sequoia, local management; rebrands to Nearbuy

In a management buy-out styled transaction, NASDAQ-listed deals aggregator Groupon Inc has ceded majority stake in its India unit to venture capital firm Sequoia Capital and the top management of Groupon India. Management buy-outs, where the top executives of a company buys out the firm they work in...

10 August, 2015 | More »

VCCircle_Groupon

Groupon India raises $20M from Sequoia; VC firm to bring more in further rounds

NASDAQ-listed deals & vouchers site Groupon Inc has become yet another multi-national firm to cut an unusual deal in India, diluting stake to a private investment firm for the local arm. It is learnt to have raised $20 million from venture capital firm Sequoia Capital for its Indian arm Groupon...

11 March, 2015 | More »

kamal

Groupon Inc names Kal Raman as COO

Groupon Inc.,  the wold’s largest daily deals company, has appointed Kal Raman as its new chief operating officer at a time when it is facing hiccups in expanding its business overseas. Raman, a 20-year veteran in technology and retail business, is an alumnus of Guindy Engineering College, Chenna...

19 November, 2012 | More »

NOKIA

Nokia, Oracle to announce mapping deal

Phone maker Nokia Oyj will announce on Monday a deal that will give Oracle Corp’s customers access to its mapping services, Nokia said on Monday. Finland’s Nokia, which bought the world’s largest digital mapping firm Navteq in 2008, has been looking for ways to boost the business a...

1 October, 2012 | More »