The e-commerce marketplace has sold an undisclosed stake to media group Bennett, Coleman and Company in a $15m ad-for-equity deal.
Author: Sam McCaffrey
Softbank vists Alodokter for $7m series B
Softbank has backed the online health portal in a $7m series B round that will fund expansion into new markets in Southeast Asia.
Kaodim books $7m in funding
The home services marketplace was backed by Susquehanna International Group in a round that will support expansion into new markets.
Fosun focuses on Kissht in $10m round
Consumer credit platform Kissht has secured $10m from a consortium including Fosun to fund expansion in India and improve its data science capabilities.
MetricStream flows to $65m
The Kaiser Permanente-backed compliance services provider will focus on global expansion following a round that took its total funding to $195m.
AnchorDX takes hold of $28m
KingMed Diagnostics and WuXi AppTech have contributed to a $28m round that will fund the precision medicine developer’s cancer DNA research.
Corporates join Rallyteam’s series A investors
The talent development platform has secured $8.6m from a consortium including Cornerstone and Wilson Sonsini Goodrich and Rosati.
Magna and Allianz exit Argus after acquisition
Continental has acquired Argus Cyber Security, which had raised about $30m in venture funding, in a deal that reportedly valued the company at $400m.
Snatch grabs seed funding
The Unilever-backed augmented reality game developer has secured $5.8m to grow its presence in the UK and expand internationally.
CrossEngage reaches $5.8m funding target
The targeted marketing software devloper has raised funding in a round co-led by corporate venturing unit Vorwerk Ventures.
Ribometrix rides out seed round with $7.5m
Abbvie and Mitsubishi Tanabe Pharma participated in the RNA therapy startup’s first round through their corporate venturing units.
Doppler Labs fades out
The wireless earbud developer has closed after raising more than $50m from investors including WME, Live Nation, Universal and Chernin Group.
Web.com acquires marketing software provider Acquisio
Domain name services provider Web.com Group has acquired Canada-based online marketing platform Acquisio for an undisclosed amount, enabling financial services firms Crédit Mutuel Group and Desjardins Group to exit. Acquisio provides software that helps small and medium-sized businesses acquire new customers through advertising platforms such as Google AdWords and Facebook Ads, using data science and… Continue reading Web.com acquires marketing software provider Acquisio
HDFC Bank to handle startups with VC fund
Reports suggest that the financial services firm has launched a fund sized at up to $30m and hopes to scale it quickly.