eBay is reportedly in talks to lead an investment in Paytm Mall in an effort to branch into offline-to-online commerce in India. According to a report in the Economic Times, citing two people aware of the deal, eBay is expected to lead an investment of...
A new report has revealed that investments in digital health startups fell 19 percent in the first quarter of 2019. Data from Mercom Capital Group showed that investors put $2 billion into digital health startups during the first quarter of the year, less than the...
Luckin, a Chinese coffee startup that aims to dominate rival Starbucks in the Chinese coffee market, has raised $150 million in a Series B-plus fundraising round, according to a report. The fresh capital values the company at $2.9 billion, which is an increase of $700...
Uber is working on an investment deal that would value its self-driving unit at $7.25 billion. Citing two people familiar with the matter, Financial Times reported that existing Uber shareholders SoftBank, Toyota and Japanese auto parts supplier DENSO will fund $1 billion into Uber’s Advanced Technologies Group (ATG)...
Payfone announced that it has secured a $24 million funding round, led by TransUnion. The funding also included participation from existing investors Synchrony, MassMutual Ventures, Massachusetts Mutual Life Insurance Company and Wellington Management. TransUnion and Payfone have also formed a strategic partnership that will leverage...
Chinese peer-to-peer (P2P) lender Dianrong wants to raise $100 million in an attempt to outlast a regulatory squeeze on the industry in the country, according to a report in the Financial Times. The company has had to cut about 2,000 jobs – about a third...
Lyric, a startup that designs, installs and operates flexible accommodations for travelers, raised $160 million in venture funding. In a press release Tuesday (April 17), Lyric said the Series B round of funding was led by Airbnb and included new investors Tishman Speyer, RXR Realty, Obvious...
Returnly, the post-purchase payments company, announced on Tuesday (April 17) that it has raised $19 million in venture funding. In a press release, the company said the Series B round of funding was led by Craft Ventures, the venture capital fund co-founded by serial entrepreneur...
STORD, the on-demand warehousing startup, announced Tuesday (April 17) it raised $12.3 million in venture funding. In a blog post, STORD Founder and CEO Sean Henry said the Series A round of funding was led by Kleiner Perkins. Existing investors Susa Ventures and Dynamo, as...
