Although hundreds of millions of Indians have bank accounts, only about 30 million of them have credit cards. The acceptance rate of the plastic card has largely stagnated in the South Asian nation in recent years. The relatively young credit rating system in India only covers a tiny fraction of the country’s population. And banks … Read more
French startup Cajoo is raising some cash to compete more aggressively in the new and highly competitive grocery supplier category. Interestingly, the main investor in today’s funding round is Carrefour, the supermarket giant. Headline (formerly e.ventures) is also participating in the round, as are the existing investors Frst and XAnge. Carrefour’s investment is not just … Read more
Khatabook, a startup helping merchants in India digitize their bookkeeping and accept online payments, announced Tuesday that it has raised $ 100 million in a new round of funding to prepare for financial services rollout . The startup’s new round of funding – a Series C – was led by Tribe Capital and Moore Strategic … Read more
Rapido, a bicycle taxi aggregator in India, announced Monday that it has raised $ 52 million in a new round of funding as the six-year-old startup seeks space in an Ola and Uber-dominated category in the South Asian market. The six-year-old startup’s new funding – Series C – was funded by Shell Ventures, Yamaha, Kunal … Read more
Unacademy has raised $ 440 million in a new round of funding as the Indian online learning startup seeks to expand into several additional categories. Temasek led the new funding round for the Bangalore-based startup, while Mirae Asset and existing investors such as SoftBank Vision Fund 2, General Atlantic, Tiger Global, as well as Zomato … Read more
Each week, our recent New York City and vicinity home sales survey focuses on homes that were sold for a certain price so you can compare single-family homes, condos, and cooperatives in different locations. The “list price” is the asking price when the property came on the market with the last real estate agent. Time … Read more
MyGlamm, a direct-to-consumer beauty brand in India that sells most of its products through its own website, app, and retail touchpoints, announced Monday that it had raised $ 71.3 million in a round of funding has as the Mumbai-based company plans to scale its business in the South Asian market. The startup raised $ 23.5 … Read more
Valve is on the lookout for new Counter-Strike: Global Offensive weapon skins and hopes to entice creators into submitting designs to a $ 1 million art competition. The company will select 10 original looks with dream motifs. The winning design creators will each receive $ 100,000 and the skins will be added to the game. … Read more
Licious, a Bangalore-based startup selling fresh meat and seafood online, has raised $ 192 million in a new round of funding to expand its presence beyond the South Asian market. The new round – a Series F – was led by Singapore’s investment firm Temasek and Multiples Private Equity. The round that increases the six-year-old … Read more
The French startup Upflow has raised a Series A round worth $ 15 million. The company wants to help you keep track of late payments. It optimizes how you collect payments from your customers to improve your cash flow. Investors in today’s financing round include 9yards Capital, existing investor eFounders, as well as N26 co-founder … Read more