Online video production startup 90 Seconds will pursue its global expansion after securing $8 million in Series A led by Sequoia India. The startup will also broaden its network of creative freelancers in India as well as in other countries.
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KFit, a fitness-sharing platform that based in Kuala Lumpur, has raised a $12 million Series A funding from Sequoia Capital, SIG, and Venturra Capital. The fund will be used to enlarge its services to cities in Asia. Offering a cheaper rate, KFit will compete with its Singaporean rival, GuavaPass.
Although Google reportedly considered San Francisco, US-based mobile payments system Square Inc as a potential acquisition or merger candidate, the latter denied reports that it has entered acquisition talks with search giant.
Israel-based public transit app Moovit has closed $28 million from a funding round led by Sequoia to improve its service that gives commuters a real-time perspective of the best public transportation routes.
Gaurav Garg and Peter Wagner formed Wing Venture Partners.
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