Menlo Park-based Enjoy Technology, the eCommerce startup led by Ron Johnson, former VP of retail operations for Apple, has raised an additional $150 million in Series C funding, TechCrunch reported on Tuesday (Aug. 27). Led by L. Catterton’s new consumer technology platform, LCH Partners, the...
India-based eCommerce startup FreshToHome has raised $20 million in a new financing round to expand into other areas of the country. The Series B round was led by Iron Pillar, with Joe Hirao, the founder of Japan’s ZIGExn, also participating. FreshToHome, which sells “100 percent” fresh...
Ride-hailing company Grab, which recently announced a $2 billion expansion plan in Indonesia, said it was going to invest “several hundred million dollars” in Vietnam, according to a report by Reuters. The company sees the country as its next big growth market, and Vietnam is...
Chinese social eCommerce platform Wanwu Xinxuan has raised $20 million in a Series B round of financing led by Fresh Capital, with participation from Redpoint China Ventures, according to Deal Street Asia. Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s...
The World Bank announced it has raised $33 million from investors for its blockchain-based “Kangaroo” bond, Bond-i. The bond, which is due August 2020, is the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology. It is issued in Australian...
H20.ai, an artificial intelligence (AI) company based out of California, has raised $72.5 million in a Series D funding round, according to a report by Reuters. Goldman Sachs and Ping An Global Voyager Fund from China led the round, and Wells Fargo, NVIDIA Corp and...
Indian startup Lendingkart announced that it has raised $2.95 million in new funding from Sistema Asia Fund. The investment comes days after the company raised $30 million in a Series D financing round led by existing investors including Fullerton Financial Holdings, Bertelsmann India Investments and...
SoftBank is ready to lend up to $20 billion to its employees so they can buy stakes in a fund aimed to spark investment in cutting-edge technology companies around the globe. Sources told The Wall Street Journal that the firm’s CEO, Masayoshi Son, may account...
India’s social media platform ShareChat, which serves 60 million monthly users, has raised $100 million in a Series D funding round, as reported on Thursday (Aug. 15). The funding was led by Twitter, along with TrustBridge Partners and existing investors Shunwei Capital, Lightspeed Venture Partners,...