APUS Group, a Beijing-based company that makes utility apps for Android smartphones, has launched a $45 million investment fund to invest in Indian startups. Several of APUS Group’s own investors—Northern Light Venture Capital, Redpoint Ventures, Chengwei Ventures, SIG Global, and Qiming Venture Partners—will also participate in the fund. Read More
from TechCrunch
Paytm, which claims to be India’s leading mobile payment platform, has acquired local services startup Near.in for $2 million to strengthen its online-to-offline commerce strategy. Founded in December 2014, Near.in’s website and app connects users in four cities (Delhi, Gurgaon, Bengaluru, and Mumbai) with a wide array of verified businesses ranging from home repair to fortunetellers. Read More
from TechCrunch
Having all your content on TV is a bit like having all your money in oil: it’s still popular, but the next thing is coming and you better diversify. That’s why it’s so smart that talk show host Ellen DeGeneres set up her own Ellen Digital Ventures firm to bring her content and capital to new mediums beyond television.
Today, Ellen Digital Ventures announced that musician… Read More
from TechCrunch
Vanitee, a six-month-old Singapore-based startup that provides a marketplace to connect beauty practitioners with customers, has raised $3.5 million as it prepares to expand its service across Asia. Read More
from TechCrunch
Uber, the on-demand transportation company that has amassed around $10 billion in funding to date, is raising once more. This time, it is looking to to $2.1 billion, in a Series G round that could value the company has high as $64.6 billion if all the shares are issued, TechCrunch has confirmed with a source close to the company. The fresh funding, reported first by Bloomberg, is… Read More
from TechCrunch
Staffly, an online retail staffing company that appeared in the TechCrunch Disrupt Battlefield competition in September, announced that it has received $1.25 million in seed round funding today. ff Venture Capital led the round with participation from existing shareholders LionBirdm, Three Fish Capital and WS Ventures. Today’s investment brings the total to just around $2 million,… Read More
from TechCrunch
While Amazon expands Prime Now restaurant ordering and delivery to more cities, a startup has picked up funding to go head to head with it and the many others in the crowded food-on-demand category. EatStreet, a platform for restaurants mainly located in smaller cities to take orders online or by mobile, has picked up $15 million in a Series C investment. The investment was co-led by… Read More
from TechCrunch
“Which version of this design are we on? Did you make the suggested edits? Why is it taking so long to export?” Today, interface design collaboration tool Figma arrives to eliminate these questions with its browser-based alternative to Adobe’s desktop software. Figma constantly saves projects in the cloud with version control so teammates can always review, go back and modify,… Read More
from TechCrunch
Greg Tseng is stepping down from the CEO role of if(we) after 11 years running its dating social network Tagged and game studio hi5. He’ll remain a board member. When asked why the change was happening, Tseng tells me “I initiated it and it’s happening the way I want.” The company’s new CEO will be its Chief Operating Officer Dash Gopinath, who was formerly… Read More
from TechCrunch
Box, an enterprise collaboration and file management shop, reported its fiscal third quarter financial results today. The company lost $0.31 per share, using adjusted metrics, on revenue of $78.7 million.
Analysts had expected a $0.31 per-share loss, again using adjusted metrics, off $76.76 million in top line. Its shares up several points in regular trading, Box is down around 4 percent… Read More
from TechCrunch