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China’s Fosun International to now back early stage Startups in India

June 14, 2018

Shanghai-based, Chinese investment company Fosun International is planning to back the early stage startups in the country.

Read more - https://inc42.com/buzz/chinas-fosun-international-to-now-back-early-stage-startups-in-india/

WeWork is raising funds at USD 35 billion value according to Softbank

June 14, 2018

WeWork Cos is seeking to raise funds at a USD 35 billion valuation that would place the co-working startup above companies like Airbnb and SpaceX.

Read more - https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/wework-is-raising-funds-at-35-billion-value-softbank-exec-says/articleshow/64581867.c

Truecaller buys Indian mobile payments startup Chillr

June 14, 2018

Stockholm-based Truecaller, owned by True Software Scandinavia AB acquired Mumbai-based mobile payments start-up Chillr (Backwater Technologies Pvt Ltd) for an undisclosed amount.

Read more - https://www.dealstreetasia.com/stories/truecaller-buys-indian-mobile-payments-startup-chillr-99762/

Paytm Mall bags the last tranche of USD 445 million funding from SoftBank, Alibaba

June 13, 2018

After receiving the commitment of USD 445 million from SoftBank and Alibaba, Paytm Mall has received the final tranche of USDS 225 million from both its investors.

Read more - https://inc42.com/buzz/softbank-go-bold-on-paytm-mall-invests-close-to-200-mn/

Micro delivery startup DailyNinja raises USD 3 million funding from Saama, Sequoia Capital

June 13, 2018

Bengaluru-based hyperlocal subscription-based delivery startup DailyNinja has raised USD 3 million from Saama Capital and existing investor Sequoia Capital

Read more - https://inc42.com/buzz/micro-delivery-startup-dailyninja-raises-3-mn-funding-from-saama-sequoia-capital/

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