The Naspers-backed e-commerce company has reportedly raised $1bn in what will be India’s largest ever venture round.
Month: July 2014
Blum makes Active choice
Sebastian Blum, previously the managing director of Deutsche Telekom’s US-based corporate venturing unit for four years, has joined European venture firm Active Partners.
Zhu leaves DTE Energy for Connecticut Innovations
Mark Zhu has left the corporate venturing unit of energy company DTE, where he was an investment manager, for state-backed Connecticut Innovations.
Idinvest gets to Social Point
Mobile game developer Social Point has raised $30m in a series C round featuring Allianz-backed Idinvest as it prepares to release a batch of new games.
Quantifind tracks $12m investment
Digital analytics company Quantifind has raised $12m from the corporate venturing arm of Comcast and Orange and Publicis supported Iris Capital
Auris Medical to raise up to $84m in IPO
The Allianz-backed company, which is developing treatments for inner ear disorders, has set the range for its initial public offering between $10 and $12.
Cardiac Insight sees $7m for series B
Heart monitor developer Cardiac Insight has raised $7m in a series B round featuring Welch Allyn, a medical device maker with which it has signed a distribution deal.
Sun shines on Solexel for $31m series D
The solar cell developer has now secured over $200m since it was founded, as roofing material company GAF joins Sunpower and Spirox in backing the company.
Yuantiku finds answers with $15m series C
Education website and app Yuantiku has raised $15m in a series C round backed by IDG Capital Partners and Matrix Partners China.
eGym gets connected with $15m investment
Connected gym technology company eGym has raised $15m in funding from High-Tech Gruenderfonds, High Capital Partners Europe and Bayern Kapital.
LogRhythm moves to $40m series E
The Siemens-backed cybersecurity company has now raised more than $71m in total after closing its series E round.
Tango starts up $25m Games Fund
The mobile messaging service will target game developers as part of a corporate strategy to expand its game publishing business.
In-Q-Tel joins the conversation with Expect Labs
Previous backers of voice activated technology company Expect Labs include Intel, Google, IDG, Telefonica and Samsung.
Xmos processes $26m series D
Semiconductor company Xmos has raised $26.2m in a round featuring corporates Bosch, Huawei and Xilinx, which increased its total funding to more than $57m.