Foursquare has raised $45 million in a Series E round of funding from existing investors Union Square Ventures, Andreessen Horowitz, and new investor Morgan Stanley. The popular location based app company is also getting a new CEO.
Continue reading “Foursquare secures $45M in funding, CEO Dennis Crowley steps down”
Online taxi hailing company, Uber has is seeking to raise $2.1 billion in latest round of funding, according to a latest report from Bloomberg. Uber has raised the funding on the same day when the four taxi aggregators created an alliance.
Continue reading “Uber to raise $2.1 billion in funding, now values at $62.5 billion”
Snapdeal is said to be in talks with existing and new investors to raise about Rs 2,000 crore ( $300 million) for its digital services platform FreeCharge, according to a latest report.
Continue reading “Snapdeal is eyeing to secure Rs 2,000 Cr in funding for FreeCharge”
Chinese ride-hailing company Didi Kuaidi has invested an undisclosed amount of some in Ola. Falcon Edge, GIC, Tiger Global Management, and SoftBank are other investors who participated in this round of funding.
Ola has secured $100 million (Rs. 630 Cr) in latest round of funding from Falcon Edge, as per a TOI report. The online taxi aggregator has now reached a valuation of $5 billion.
Continue reading “Ola secures $100 million in funding from Falcon Edge, valuation hits $5 billion”
Snapdeal has secured $500 million in latest round of funding from Alibaba, Foxconn and existing investor SoftBank, according to a latest report from Re/Code. The news comes after a WSJ report from June said that Alibaba and Foxconn are looking to invest in Snapdeal.
Continue reading “Snapdeal secures $500 million in funding from Alibaba, Foxconn and SoftBank”
Uber has raised massive $1 billion in latest round of funding that now values the company at whopping $51 billion, as per a Wall Street Journal report.
Continue reading “Uber said to secure $1 billion in funding, now valued at over $50 billion”
Ola is in advanced talks to raise $500 million (Rs. 3,150 cr) in latest round of funding from existing investors, as per a latest report from the Economic Times.
Continue reading “Ola in talks to secure $500 million in latest round of funding”
Flipkart has raised $700 million (Rs 4,500 Cr) in the latest round of funding, as per a latest report from the Economic Times. The latest round of funding will value the homegrown e-commerce major at $15 billion.
Continue reading “Flipkart secures $700 million in latest round of funding”
Ratan Tata, chairman emeritus of the holding company of India’s Tata conglomerate, has picked up an undisclosed amount of stake in online taxi-hailing company Ola.
Mobile fitness and weight loss app, HealthifyMe has raised undisclosed amount of funding in second round. The latest round of funding was backed by angel investors including Gopal Srinivasan (TVS Capital), Sashi Reddi (AppLabs), Amit Gupta (InMobi), Pallav Nadhani (FusionCharts) and Dr Roopa Nath, among others.
Continue reading “HealthifyMe secures funding from angel investors”
Snapeal is about to secure a major round of funding. Chinese e-commerce giant Alibaba Group Holding Ltd and Foxconn Technology Group are in advanced talks to jointly invest about $500 million in Snapdeal.com, according to Wall Street Journal report.
Continue reading “Alibaba and Foxconn looking to pump $500 million in Snapdeal”
Paytm is gearing up to raise $375 million from existing investor, Alibaba Group, as per a report from Live Mint. The online payment processor, owned by One97 Communications Ltd will be valued at $1.83 billion if the deal is through.
Continue reading “Paytm looking forward to raise $375 million in funds from Alibaba”
Flipkart is inching closer to secure $550 million (Rs 3,300 Cr) in latest round of funding, as per a latest report from the Economic Times. If the latest deal goes through, the homegrown e-commerce firm will reach a valuation of nearly $16 billion.
Continue reading “Flipkart eyeing $550 million in latest round funding”
Uber is inching closer towards becoming the most valuable startup of all time. The on demand ride hailing company is eyeing a whopping $1.5 billion in latest round of funding, as per a latest report from the Wall Street Journal.
Continue reading “Uber looking forward to secure $1.5 billion in latest round of funding”
