Fundings and Exits

Just Eat — the marketplace for online food delivery that IPO’d but which is now under increasing pressure from several avenues, not least Uber and Deliveroo — has decided to add to its “quiver of arrows” by acquiring Practi, a software service that provides independent restaurants and small chains with tablet-based Point of Sale (POS)
0 Comments
Airbnb has completed its acquisition of the last-minute hotel booking application, HotelTonight, the company announced on Monday. The deal is Airbnb’s largest M&A transaction yet, and will accelerate the home-sharing giant’s growth as it gears up for an initial public offering. Airbnb reportedly began talks to acquire HotelTonight months ago, and finally confirmed its intent
0 Comments
Uber has filed its S-1, setting the stage for the transportation company to go public next month. This comes less than one month after competitor Lyft’s debut on the public market. Uber is listing under the New York Stock Exchange under the symbol “UBER,” but has yet to disclose the anticipated initial public offering price.
0 Comments
YieldStreet — which raised $62 million in February to further open to a wider base of investors alternative investments in areas like shipping, real estate, legal finance and commercial loans — is today announcing its first acquisition to expand into a new asset class. It is paying $170 million to acquire Athena Art Finance, which provides
0 Comments
ShopBack, a Singapore-based startup that offers cashback and consumer rewards in Asia Pacific, has closed a $45 million round led by new investors Rakuten Capital and EV Growth. Founded in 2014, the startup had been relatively under-the-radar until late 2017 when it announced a $25 million investment that funded expansion into Australia among other things.
0 Comments
As Google Cloud Next opened today in San Francisco, Accenture announced its intent to acquire Cirruseo, a French cloud consulting firm that specializes in Google Cloud intelligence services. The companies did not share the terms of the deal. Accenture says that Cirruseo’s strength and deep experience in Google’s cloud-based artificial intelligence solutions should help as
0 Comments
Cashfree, an India-based startup that specializes in making corporate banking services more accessible and easier to use, has closed a $5.5 million Series A round. The deal is led by Smilegate Investment — the fund affiliated with Korean games firm Smilegate — with participation from Y Combinator, the U.S. accelerator program that Cashfree graduated from
0 Comments
India has a new unicorn after Dream11, an online fantasy sports service, claimed its valuation has surpassed $1 billion following a new investment. This isn’t your regular unicorn valuation deal. Instead, the company — which hosts cricket, NBA, soccer and other sports contests — crossed the milestone through a secondary sale that reportedly involves the
0 Comments
As more universities turn to offering online degrees to expand their student bodies by way of cyberspace, one of the pioneers in enabling that trend has made an acquisition to expand into new territory around skills training and continuing education. 2U, which helps build online degree programs for a number of top universities, is paying $750
0 Comments
Reliance Jio, the telecom operator that has revolutionized India with its generous data plans, has its eye on the next generation of internet users with its latest acquisition. The company said today that it has bought a majority stake in Haptik, a startup that develops ‘conversational’ platforms and virtual assistants, in a deal worth $100
0 Comments
After much anticipation, Lyft stock hit the public markets last week, with a nearly 10% pop on its first day of trading. However, concerns over the company’s lofty valuation, deep losses and uncertain path to profitability have caused the stock to fall flat in the days since. TechCrunch’s resident transportation expert Kirsten Korosec and venture capital ax
0 Comments
FireHydrant, a NYC startup wants to help companies recover from IT disasters more quickly, and understand why they happened with the goal of preventing similar future scenarios from happening again. Today, the fledgling startup announced a $1.5 million seed investment from Work-Bench, a New York City venture capital firm that invests in early stage enterprise
0 Comments
After raising $37 million to bring its on-the-spot stock market analytics tools to a wider range of publishers and other internet partners, TradingView today has announced its first acquisition to supercharge the services that it offers to investors, wherever they happen to be online. The startup has acquired TradeIt, which has built an API for
0 Comments
A little over a year after it introduced Syndicates to the India market, AngelList — the U.S. service that helps connect companies with investors — is rolling out its own fund in the country with the backing of some stellar names. Dubbed ‘The Collective,’ the syndicate includes money from Flipkart co-founder Binny Bansal — Flipkart,
0 Comments