Delivery Hero is leading a $62.2m investment in Zomato, an online food listings and ordering platform already backed by Ant Financial.
Month: March 2019
Ola charges up spinout with $56m
Ola Electric Mobility has spun out of Ola with $56m in funding to focus on the electric vehicle ecosystem.
Contrast Security balances $65m series D
M12 and Axa Venture Partners have put their weight behind Contrast Security’s series D, which brought the cybersecurity company’s total funding to $122m.
1mg sizes up $70m round
Intel Capital-backed online pharmacy 1mg is in the process of raising $70m in funding, with International Finance Corporation expected to contribute.
Maze finds its way to $191m
GV and Alexandria Venture Investments have taken part in a $191m funding round to launch Maze Therapeutics with scientific co-founders from multiple universities such as Harvard and Stanford.
Danke houses $500m series C
Ant Financial has co-led a $500m series C round for Danke Apartment, which previously collected funding from investors including Bertelsmann and Ucommune.
Uber nears $3bn Careem acquisition
The two companies initially entered discussions about a $2bn to $2.5bn merger in July last year, but the transaction is now expected to reach $3bn and consist of cash and shares.