Dunzo, an Indian delivery service that differentiates itself with fast delivery times and a business model that delivers practically anything, has raised $45 million in a Series D funding round, according to a report by TechCrunch. Google, Lightbox Ventures, STIC Investment, STIC Ventures and 3L...
Following WeWork’s botched initial public offering, Japan’s SoftBank is seeking money for another big tech investment despite the falling valuations of its other big holdings, Reuters reported on Thursday (Oct. 3). Softbank’s founder and CEO Masayoshi Son wants to push forward with Vision Fund 2...
Mobility platform Waycare announced that it has raised $7.25 million in Series A funding. The round was led by SJF Ventures, with participation from UpWest, Next Gear Ventures, innogy, Spider Capital, Goldbell, Zymestic Solutions and Janom. The funding will be used toward Waycare’s expansion efforts...
Scooter company Bird has announced a $275 million Series D funding round, bringing its valuation to $2.5 billion. CDPQ and Sequoia Capital led the round, with the fresh capital being used to help Bird get closer to profitability, as well as enable ongoing vehicle research...
One of the largest B2B eCommerce platforms in India, Udaan, has raised $585 million in a Series D funding round. The company wants to help chemists, kirana (family-owned) stores and other businesses to come online with its platform, according to reports. Tencent, Altimeter, Footpath Ventures,...
German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report from Reuters. The company set a target for an operating profit of $5.77 billion by 2022 after missing targets last...
With new venture capital from Mastercard, Comcast, Samsung and other investors, New York-based tech startup HYPR has notched $18.3 million in funding. The company sells authentication software to Mastercard, T-Mobile, Rakuten and Aetna, and the round was led by the venture capital arm of Comcast, Fortune reported. ...
Bangalore-based startup Khatabook has raised $25 million in Series A funding from GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others, along with more than 20 angel investors, as reported on Tuesday (Oct. 1). The nine-month-old firm aims to...
To bolster its subscription business, San-Francisco-based Recurly has notched $19.5 million in funding led by F-Prime Capital along with participation from Polaris Partners, Silicon Valley Bank and Greycroft. The new funding brings its total raise to almost $40 million after raises in the past totaling...
