China could be gearing up to take on New York and Hong Kong when it comes to listing technology companies on the stock exchange, publishing draft rules for a startup board that is similar to Nasdaq. Reuters, citing the China Securities Regulatory Commission, said the...
Stripe, the San Francisco digital payments startup, has landed a $100 million investment from Tiger Global Management, boosting its valuation above $20 billion. According to a report in CNBC, citing The Information, with the $100 million investment by Tiger Global Management, Stripe now has a...
CNBC and Acorns, the FinTech that makes a mobile investing and savings app, announced on Monday (Jan. 28) a strategic partnership to create editorial content and events. In a press release, CNBC owner NBCUniversal and Comcast Ventures, the venture capital arm of Comcast Corp., will make...
Roadside assistance startup Urgent.ly has raised $21 million in a Series B round that included venture arms of BMW, Porsche and Jaguar Land Rover. Urgent.ly’s platform supports roadside assistance services in North America, Europe and Asia, using artificial intelligence and geo-location to connect drivers, service...
Reliance Industrial Investments is gearing up to raise ₹4,000 crore to meet the company’s investment requirements and needs for funding, reported Deal Street Asia. The report, citing two people aware of the developments, said the funds will be raised via convertible preference shares across tranches...
As Southeast Asia’s GO-JEK seeks to raise up to $2 billion of funding while it takes on Grab, the company has reportedly closed a portion of the round. Tencent, Google and JD.com, among some of the company’s existing investors, reportedly plan to invest roughly $920 million...
When Dutch entrepreneur Teun van den Dries started GeoPhy, an artificial intelligence (AI)-driven service that performs real estate valuations, there was nothing like it on the market. When he went to buy a house, Bloomberg reported, the appraiser he used simply asked him how much he thought...
Travel startup Uplift has raised $123 million in a Series C funding round, according to a report in TechCrunch. The company’s CEO, Brian Barth, previously founded travel startup SideStep, but he sold that to Kayak for $200 million. The company hasn’t said much publicly about...
Truebil, an online marketplace to buy and sell second-hand cars, has raised $14 million in a Series B round led by Japanese investor Joe Hirao, the founder of ZIGExN. Launched in 2015, Mumbai-based Truebil was founded by former Housing.com employees Suraj Kalwani, Ravi Chirania, Shubh...
