LoveCrafts, the crafting community, marketplace and e-commerce startup, has knitted together a $20 million Series B round. The funding is being led by Highland Europe, with participation from existing investor Balderton Capital. Read More
from TechCrunch
CashKaro, which claims to be India’s largest cashback and coupon site, is planning to expand into new countries after raising a $3.8 million Series A from Kalaari Capital. Founded in 2013 by husband-and-wife team Swati and Rohan Bhargava, CashKaro works with more than 1,000 e-commerce sites and makes money through their affiliate programs. Swati Bhargava told TechCrunch that… Read More
from TechCrunch
Varsity Tutors, the platform that connects elite tutors with students, has just closed a $50 million Series B funding round led by Technology Crossover Ventures and Adam Levine, frontman for Maroon 5 and judge on The Voice, as well as education executive Stuart Udell. Varsity Tutors is based out of St. Louis and looks to pair students with the most brilliant tutors available — folks… Read More
from TechCrunch
GetYourGuide, which plays in the global travel space with a desktop and mobile platform for finding and booking holiday activities, has announced it’s closed a $50 million Series C round, led by New York-based global investment firm KKR. Read More
from TechCrunch
Eight years ago, Aaron Batalion and three friends created a Facebook app called “Hungry Machine.” It was pretty successful…so successful that it turned into LivingSocial, which was one of the first startups to raise a “magical” billion dollars. I refuse to use the creature’s name to describe this “club.” Along with cofounding the company,… Read More
from TechCrunch
Eyefi, the makers of cloud-connected mobile SD cards for photographers, has today announced the acquisition of OkDoThis. The terms of the deal were not disclosed. OkDoThis is an app that launched back in the summer of 2014 that was meant to inspire photographers to take creative pictures through challenges. The challenges on the platform are posted by the community, and could sound… Read More
from TechCrunch
Alibaba Group reaped $14.3 billion in sales during Singles’ Day, a 54 percent increase from last year’s tally of $9.3 billion. The most significant number from yesterday’s annual shopping bonanza, however, is not how much Chinese consumers spent, but what devices they used to make purchases from Alibaba’s marketplaces. Read More
from TechCrunch
ClassPass, the fitness startup that lets you pay $125 for unlimited fitness classes from dozens of gyms and boutiques, has just confirmed to TechCrunch that it raised $30 million in Series C funding led by Google Ventures. Existing investors, including General Catalyst and Thrive, also participated in the round. VentureBeat first reported the news yesterday, but ClassPass founder and CEO… Read More
from TechCrunch
CircleUp, an AngelList-style crowdfunding platform that consumer retail businesses like food companies use to raise money from outside investors, is announcing some funding of its own today. The company has raised a Series C round of $30 million — growth money it intends to use to build out its platform and product teams. Specifically, the company is working on new tech to make… Read More
from TechCrunch
We recently highlighted the rise of the corporate venture investor but might the same be said of corporate accelerators and incubators? If ‘disrupt or be disrupted’ is the Internet-age mantra, having a strategic and monetary stake in those who are most likely to cause disruption is perhaps one way of hedging bets. Whatever the outcome, said corporate will at least maintain the… Read More
from TechCrunch