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swiggy raises $210 mn in fresh round of funding led by naspers, dst global




food delivery platform swiggy on thursday said it has raised $210 million (over rs 1,430 crore) in a fresh round of funding led by naspers and dst global. the series g funding will also see participation from existing shareholder meituan-dianping and new investor coatue management, the company said...



food delivery app swiggy raises $100 mn from naspers, meituan-dianping




online food delivery platform swiggy has raised $100 million (approx rs 642 crore) in series f funding, led by global internet group and technology investor naspers and china's e-commerce platform meituan- dianping. meituan-dianping is a new investor in swiggy. with this new funding, swiggy said it ...



after zomato's alibaba funding, swiggy raises $100 mn from global investors




after being written off as a passing fad in 2016, the online food ordering business in india has proven itself resilient, with three of the largest players bagging big funding deals to help them grow and fight each other for supremacy in the foreseeable future. on thursday, the bengaluru-based swigg...



lyft raises additional $500 mn in funding




uber rival lyft is raising an additional $500 million in funding, according to a us share authorisation document filed in delaware news website axios said.the additional funding round, led by alphabet’s capitalg, is an extension of the $1 billion round announced in october.lyft spokesman adrian du...



chai point raises $20 mn in fresh funding from paragon partners, others




india’s largest chain of organised tea stores chai point has raised $20 million in fresh funding at a time when the tata global beverages is ramping up its presence in the space with its very own cha cafes. the funding was led by paragon partners, a mid-segment private equity investor, while exist...



oyo raises $250 mn in fresh round of funding led by softbank




press trust of india  |  new delhi  last updated at september 7, 2017 16:57 ist



razorpay raises $20 mn from tiger global, others in series b round




converged payments solutions company razorpay today announced its series b funding round of $20 million, led by tiger global and y combinator along with participation from matrix partners. the current round raises the total funding the company has received to $31.5 million. the company had previousl...



swiggy appoints vishal bhatia as ceo for its 'new supply' vertical




food ordering and delivery platform swiggy  said it has appointed vishal bhatia as its ceo for 'new supply' vertical.the 'new supply' business line will be focused on swiggy's strategy of giving consumers a greater assortment by addressing existing supply gaps in the marketplace, the company said i...



swiggy denies reports of employee churn, fraud against investors




online food ordering service swiggy has denied allegations that it is experiencing employee churn or has cheated its investors and restaurant partners, after a blog post by a few current and former employees went viral across social network platforms accusing the company of wrongdoing.swiggy that ha...



south africa's naspers cashes in $10bn tencent stake




south african internet and entertainment group naspers raised $9.8 billion selling two percent of its hugely-profitable stake in chinese technology giant tencentsouth african internet and entertainment group naspers on friday raised $9.8 billion (7.8 billion euros) selling two percent of its hugely-...



foodpanda to get massive shot in arm from naspers funding




raghu krishnan  |  bengaluru  may 22, 2017 last updated at 19:40 ist



airbnb valued at $31 billion in new funding round




airbnb raised more than a billion dollars in a fresh funding round that valued the home-sharing startup at $31 billion, a source close to the company told afp thursday.



swiggy partners indifi to launch capital assist programme for restaurants




food ordering and delivery platform swiggy today said it has joined hands with fintech firm indifi technologies to launch 'swiggy capital assist' programme for providing quick access to financing options to its restaurant partners.the programme will provide the company's restaurant partners seamless...



jack ma's ant financial plans $9 billion round of fresh funding: report




jack ma's financial technology business ant financial plans to raise $9 billion in its latest round of funding, that could value the company at $150 billion, the wall street journal reported on tuesday, citing people familiar with the matter. reuters had earlier reported that the company which owns ...



funding pace picks up for start-ups, but no complete turnaround yet




in the last few weeks, several start-ups raised money: zomato, swiggy, bigbasket, and zoomcar were among the prominent names. has the funding cycle turned for start-ups? the big deals may suggest so, but they don’t reflect the full story. while the outlook is positive, there’s hardly any sign of...



funding pace picks up for start-ups, but no complete turnaround yet




in the last few weeks, several start-ups raised money: zomato, swiggy, bigbasket, and zoomcar were among the prominent names. has the funding cycle turned for start-ups? the big deals may suggest so, but they don’t reflect the full story. while the outlook is positive, there’s hardly any sign of...



healthifyme raises $12 million from sistema asia fund, samsung next




mobile health and fitness platform healthifyme announced a $12 million series b round of funding led by sistema asia fund, the india focused fund of russia's largest conglomerate. silicon valley-based samsung next, singapore’s atlas asset management and japan’s dream incubator were the other par...



ola raises $1.1 bn from tencent, softbank; to boost business, take on uber




india’s largest taxi hailing service, ola, on wednesday said it had raised $1.1 billion in funding led by chinese internet giant tencent holdings. with this money, it intends to beef up its technology investments, expand supply, and ensure it maintains a lead over rival uber. so far, ola has raise...



round hill raises $263 million for second music royalty fund




round hill says it has completed funding for round hill music royalty fund ii, with equity commitments of $263 million. moreover, it says more than $100 million of it has been deployed already, mainly as part of the $245 million funding needed to pay for the recently completed carlin america acquis...



$12-bn flipkart-walmart deal: investors expect to strike rich




tiger global’s reward for being one of the oldest investors in e-commerce giant flipkart could be $4 billion. with walmart inc. being close to finalising a deal to buy a majority stake in the bengaluru-based e-commerce firm for at least $12 billion, investors are expecting to strike it rich. flipk...



agility robotics raises $8 million for commercial bipedal robots




playground global leads a sizeable round with the goal of turning walking robots into useful tools



genius raises $15m in new fundraising




media company genius recently raised $15 million in fundraising, billboard has confirmed. the investment comes from everblue, a new fund by eric mindich primarily focused on music and e-sports. according to a company spokesperson, "with this new round of funding genius will amplify its work in orig...



start-ups: saraf foods raises rs 300 mn, fourkites secures $35 mn, and more




saraf foods raises rs 300 mn from ifu, previous investors vadodara-based saraf foods has raised rs 300 million in its second round of funding, led by danish investment fund ifu and pervious investors — dsg consumer partners, pedoria and saraf family. the company is a supplier of frozen dried fruit...



china's ant financial closes funding; raises $10 bn at $150 bn valuation




ant financial services group, operator of china's biggest online payment platform by market share, alipay, has closed its latest funding round having raised $10 billion from a clutch of global and local investors, five people with direct knowledge of the matter told reuters. the fundraising values t...



from swiggy to foodpanda, online food delivery service firms face gst heat




online food delivery service companies like swiggy are facing the heat from restaurants after the goods and services tax (gst) on eating outlets was cut to five per cent, from 18 per cent in november, and input tax credit provision was withdrawn. some restaurants have started charging higher prices ...