Posted in ecommerce
Posts Tagged ‘funding’
Paytm Mall delisted 85,000 sellers, leaving just 30,000 on its platform. Paytm said it has authenticated all its current sellers, even the smallest ones.
Verizon Ventures and R/GA are announcing a new program called the Verizon Media Tech Venture Studio. Stephen Plumlee, R/GAs global COO and managing partner of R/GA Ventures, explainedthat the interactiveagencysventure studios started out similar to other startup accelerator programs, but theyve expanded to provide access to financial capital, creative capital and client relationship capital.
Earlier this week, as President Donald Trump was readying his second attempt to block immigrants from predominantly Muslim countries, two entrepreneurs a refugee from Iran and the daughter of an Iranian immigrant, were laying the groundwork for the launch of their business aiming to transform educational access. The dichotomy between the founders of Toot, who are trying to expand access to tutoring via simple text messaging a service that could potentially help students around the globe and the anti-immigration ideology of the current administration could not be starker.
Flipping burgers is a hot and greasy job. Slips, trips, burns and cuts are common hazards associated with the work.
Kidizen, a marketplace for secondhand childrens apparel, has raised $3.2 million in Series A funding, the company announced today. The funding was led by Chicago-basedOrigin Ventures, which backed the startup following its more than 100 percent year-over-year growth in 2016 which has allowedthe business to reach more than a quarter million registered users across the U.S. Also participating in the round were Royal Street Ventures, Corigin Ventures and MergeLane.
Goldbely, the specialty food delivery service, has closed $10 million in Series A funding. The round was led by Global Founders Capital and Intel Capital (which also led the companys seed round).
Company builder and early-stage investorEntrepreneur Firsts Demo Day for its seventh London cohort has just taken place. The event, held in Kings Cross, saw 18newly outed startups pitch their wares onstage to investors, press and other actors in the European tech scene.
Booksy, an app that enables appointment-based businesses such as hairdressers and beauty salons to take online bookings and operate other aspects of their business, has closed $4.2 million in Series A funding. The round was led by OpenOcean, with participation from Australian company builder and early-stage investor Investible, Polands Nomad Fund, Kai Hansen (ex-Lieferando), Apostolos Apostolakis, and Rafal Plutecki (Head of Google Campus, Poland).
Ross Baird is the founder and executive director of Village Capital. I started to realize that Demo Days might be getting stale when an investor at one of our events told me to share the highlights after the pitches were done he would be out in the hallway with a beer.
Life sciences startups need a whole lot more cash than most and thats certainly true for GRAIL, a cancer detection startup trying to figure out a way to find the emperor of all maladies much earlier through blood testing technology. The startup, which spun out of genomics company Illumina announced it has closed a whopping $900 million in Series B funding this morning.