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LA’s consumer goods rental service, Joymode, sells to the NYC retail investment firm, XRC Labs

LA’s consumer goods rental service, Joymode, sells to the NYC retail investment firm, XRC Labs After raising $15 million in financing from one of technology’s most successful global investment firms, the Los Angeles-based consumer goods rental company Joymode is selling itself to an early-stage retail investment firm out of New York, XRC […]

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JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding

JustEat Takeaway .6B merger approved, pair pick up 6M in new funding On the heels of Amazon getting approval from the competition authority to proceed with an investment leading a $575 million round for food delivery startup Deliveroo in the UK, two of Deliveroo’s biggest rivals got their own £6.2 billion merger approved, […]

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India’s Spinny raises $43.7M to expand its online platform for selling used cars

India’s Spinny raises .7M to expand its online platform for selling used cars Spinny, an online platform for selling used cars, has secured $43.7 million from a cohort of influential investors in a new financing round as it looks to expand to more Indian cities. The Series B financing round for the […]

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Codeacademy has already outlived many rivals — is that enough?

Codeacademy has already outlived many rivals — is that enough? Codeacademy, the New York-based online interactive platform that offers coding classes in a wide variety of programming languages, is a little like background noise; it’s been operating reliably since founder Zach Sims created the company while still a Columbia University student in […]

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India’s Swiggy raises $113M led by Prosus

India’s Swiggy raises 3M led by Prosus Weeks after Zomato acquired Uber’s Eats business in India, its chief local rival is bulking up some ammunition of its own. Swiggy, India’s largest food delivery startup, announced on Wednesday it has raised $113 million as part of its Series I financing round. Prosus Ventures, […]

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How Bykea is winning Pakistan’s ride-hailing and delivery market

How Bykea is winning Pakistan’s ride-hailing and delivery market Increasingly, the streets of Karachi and Lahore are being flooded with men riding bikes and wearing green T-shirts, a writer friend recently told me. In a sense, these men represent the emergence of Pakistan’s tech startups. India now has more than 25,000 startups […]

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Jumia, DHL, and Alibaba will face off in African ecommerce 2.0

Jumia, DHL, and Alibaba will face off in African ecommerce 2.0 The business of selling consumer goods and services online is a relatively young endeavor across Africa, but ecommerce is set to boom. Over the last eight years, the sector has seen its first phase of big VC fundings, startup duels and […]

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In the shadow of Amazon and Microsoft, Seattle startups are having a moment

In the shadow of Amazon and Microsoft, Seattle startups are having a moment Venture capital investment exploded across a number of geographies in 2019 despite the constant threat of an economic downturn. San Francisco, of course, remains the startup epicenter of the world, shutting out all other geographies when it comes to […]

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2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital 2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment energized that. The last 12 months served as a grande […]

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Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

Goldman Sachs leads M investment in Indian fintech startup ZestMoney One of America’s largest banks has just poured some money to help millions of Indians without a credit score secure loans and make purchases online for the first time in their lives. Bangalore-based ZestMoney announced today it has raised $15 million from […]

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