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Mergers & Acquisitions | 1 October 2014

Japan's Sumitomo Acquires Carzonrent's Auto Lease Business

Japanese conglomerate Sumitomo Group has acquired the auto leasing business of Carzonrent, the car rental firm, for an undisclosed amount. The acquisition was made through its JV company in India - SMAS Auto Leasing India.

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Venture Capital | 1 October 2014

Qualcomm Ventures Invest In Traffic Info App Maker Birds Eye Systems

Qualcomm Ventures has invested an undisclosed amount in Birds Eye Systems, the company behind Traffline – an app which provides real time traffic information.

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