If you weren’t convinced the on-demand delivery space was piping hot right now, wrap your head around this. TechCrunch has learned that Stuart, an on-demand, same-hour delivery startup that is currently pre-launch and operating in stealth, has raised €22 million in funding, largely off the back of an idea and based on the track record of its three founders. Read More
from TechCrunch
Berlin-based Test IO (formerly Testcloud), which offers a self-service ‘crowdtesting’ platform for app and web developers, has closed a $5 million Series A round from Turn/River Capital, the San Francisco-based VC.
The new capital will be used to accelerate growth, including launching in the U.S. and setting up operations in San Francisco, and rebranding to the new name of Test IO. Read More
from TechCrunch
It hard to fathom that back in 2009 VCs were far from convinced that Airbnb was ever going to be a big enough business to pump venture into. Fast forward to 2015 and businesses are being created that effectively sit on top of Airbnb, meaning that the then tenacious startup is now arguably an ecosystem in its own right. Read More
from TechCrunch
Styletag, a fashion flash sales site in India, has landed $7.5 million in angel funding from Jitu Virwani. Read More
from TechCrunch
Goodbox, a startup based in Bengaluru, wants to give small retailers a chance to take part in India’s e-commerce boom by making it easy to set up a store on its marketplace app. The company, which just raised a $2.5 million Series A from Nexus Venture Partners, sets itself apart from other online marketplaces with low transaction fees and unique features like in-app messaging that… Read More
from TechCrunch
One of the most sought-after, but never quite dominated, frontiers in online media and marketplaces has been centered on local communities. Hoodline, a San Francisco-based startup, is trying to tackle this with a unique focus on news about neighborhood retail corridors. The startup has built up a network of news on about two-dozen neighborhoods across San Francisco as a sort of Trojan horse into… Read More
from TechCrunch
Touch of Modern, an e-commerce service aimed at men, passed the $100 million annual recurring revenue mark (ARR) in October, the company told TechCrunch in an interview at its SOMA offices. It also processed its millionth order in September. The company has an interesting history. It pivoted several times before becoming its current incarnation in May of 2012. At the Time,… Read More
from TechCrunch
A number of investors, including Joe Lonsdale’s new fund 8 Partners, Google Ventures and StartX have added $5 million in initial funding to prescription delivery startup TinyRx. Several early employees from well-known startups such as Google and Airbnb also hopped into the round. TinyRx plans to use the money to build out the business and take on bigger chain pharmacies such as Walgreens… Read More
from TechCrunch
Craftsvilla, an India-based marketplace for ethnic goods, has closed a $34 million Series C round as it begins to ramp up its overseas expansion plans. The investment was led by existing investors Sequoia and Lightspeed Ventures. Nexus Venture Partners and Global Founders Capital, which are also existing backers, participated alongside Apoletto Asia. Read More
from TechCrunch
Times Internet, the digital business run by India’s Times of India media group, has bought a majority (but undisclosed) stake in mobile-focused task marketplace Taskbucks for $15 million. Read More
from TechCrunch