Alibaba Group, the Chinese eCommerce giant, is the lead investor in a new round going to Paytm E-Commerce, the Indian online retailer. According to a report, citing a person familiar with the matter, Alibaba is leading the $200 million round. The other investor in the round...
The news that likely sent shockwaves through unicorn land centered around AppDynamics, which, just days ahead of going public, was bought by Cisco for $3.7 billion. The bonus was swift and lucrative for private investors, as it represented a doubling over the market cap that...
The showdown over bank regulations may finally be here. And bank stocks are on an upward tear as a result. As reported by Forbes, the rally in banks, which as a group were up 25 percent in the wake of Donald Trump’s election in November,...
Xnor.ai, an AI startup based in Seattle, has raised $2.6 million in a seed investment round of venture capital funding to bring artificial intelligence to all sorts of devices. According to a report, Xnor.ai’s seed round of funding came from Madrona Venture Group and Paul...
Earnings season is a bit like high school. The popular kids stay popular – they hope. The unpopular kids would prefer not to be noticed. Everyone’s gleaming white teeth are exposed. Conversely, every blemish or pimple may be brought to light, too. So it is...
Investment activity picked up markedly in the penultimate week of January — but only as a headline. For the $1.4 billion in dealmaking activity seen in the week, roughly 85 percent came from the deal that BDO Unibank, the largest bank in the Philippines as...
Feedvisor, an algorithmic commerce startup that helps sellers optimize their inventory and increase sales in online marketplaces, has secured $20 million in Series B funding from General Catalyst. This brings the site’s total amount raised to $33 million. TechCrunch reported that the site, which is managing...
Seedcamp, which was an early investor in London money transfer startup TransferWise, has sold off a piece of its stake in a secondary offering. According to a report by TechCrunch, TransferWise was recently valued at $1.1 billion, propelling the company into unicorn status. With the stake...
Silicon Valley-based FinTech startup Qvivr just recently announced that it had raised $5 million in a Series A venture capital funding round. The round was reportedly led by Khosla Ventures with participation from unnamed global investors, including a large multinational bank in Asia. The latest...
