As business surges amid the coronavirus, Indian eCommerce startup FreshToHome, which sells fresh fish, meat, chicken and vegetables, has pulled down $121 million in new financing. The Investment Corporation of Dubai (ICD), which is the principal investment arm of the government of Dubai, helped lead the financing round,...
Google’s push into eCommerce is taking it to Indonesia, where online shopping is growing at explosive rates in the wake of the coronavirus pandemic. The Alphabet unit and Singapore’s state investment firm, Temasek Holdings Pte, have agreed to pump $350 million into PT Tokopedia, a...
News that Dunkin’ Brands might be taken private in an $8 billion deal with a 20 percent premium suggests that investors could be seeing value in restaurant and retail chains that are reinventing themselves in the post-COVID era. Dunkin’, the parent firm of some 21,000...
“COVID-19 has been a sobering reminder that pandemic risk is real, and it can dramatically affect an organization’s risk profile and resiliency,” notes MerchantE Executive Vice President of Risk and Compliance Eric Haru. He discusses the importance of managing pandemic risk and having a “refined...
Most investors claim to follow the data, which is good investing practice and even better marketing. Besides, no really successful investor is ever going to claim blind luck or gut instinct as their secret sauce. But letting the data drive one’s actual investment decision-making is...
On Wall Street, as they say — you pays your money, you takes your pick. To that end, as reported this week, DPCM Capital became only one of the latest special purpose acquisition companies (SPACs) to go public — continuing a “hot” trend that shows no...
All-in-one banking app Lili, which is typically used for freelancers, has raised $15 million in a funding round, a press release says, bringing its total raised to $25 million. Growth in freelance has resulted in a 700 percent spike in Lili’s transaction volume since the...
Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. 21). Last year Insight Investment supported the digital lender with a 1.5 billion kronor infusion. Past investors have also included Hakan Roos,...
Akron, Ohio-based RVshare has landed more than $100 million in a fundraising round led by global investment firm KKR, with participation by existing investor Tritium Partners. RVshare’s goal is to rapidly build up the RV rental industry, noted a press release. The company said the...
