TechCrunch

Indian fashion portal confirms $50M capital injection from Premji Invest and rejects Flipkart merger

Bangalore, India-based fashion portal Myntra confirmed that it raised $50 million in a new funding round led by Premji Invest, and decided not to pursue a merger with Indian e-commerce giant Flipkart.

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Facebook to launch edit tool for 'Look Back' videos soon

Facebook launched an individualized and automated "Look Back" video feature in time for its 10th anniversary, but a source said the social networking giant will be releasing an edit tool to allow users to customize the photos included in the clip.

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Belgium's Materialise acquires Polish 3D prototyping firm e-Prototypy

Leuven, Belgium-based 3D printing firm Materialise acquired Poland-based prototyping company e-Prototypy for an undisclosed amount to further consolidate the 3D printing industry in Central Europe.

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Canadian games creator Big Viking to buy back Yoville from Zynga to avoid the game's early death

Toronto, Canada-based games creator Big Viking Games seeks to buy back Yoville from Zynga in a bid to avoid the game's early death, since the latter announced it would shut the game down on March.

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San Francisco's FarFaria raises $3.25M in Series A funding for children's iPad book service

San Francisco, US-based reading app FarFaria raised $3.25 million in a Series A funding round led by Inventus Capital Partners to launch a children's subscription book service for the iPad.

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Dropbox inks lease on huge second office in San Francisco

San Francisco, US-based cloud storage service Dropbox inked a 12-year lease on a huge second office at 333 Brannan, just near its Berry St headquarters, to house the spillover of its 500-person workforce.

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Washington's iCPooch crowdfunds remote treat dispenser and pet facetime device

Spokane, Washington-based startup iCPooch launched a crowdfunding campaign on Kickstarter to raise $20,000 for the production of a device that allows dog owners to send treats or conduct facetime with their dogs when they are away from home.

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Carrot launches new judgmental weight-loss app Carrot Fit

Carrot, the family of apps that helps people manage daily goals and tasks, launched Carrot Fit on iTunes, a judgmental and sarcastic talking app that helps user track weight loss with a combination of rewards and punishments.

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San Francisco-based startup BrightFunnel secures $1M to build more accurate marketing predictions

San Francisco, US-based marketing startup BrightFunnel secured just under $1 million in advisory funding to build a product that generates smarter and more accurate sales predictions.

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European secondhand marketplace Vinted lands $27M to expand to US

Munich, Germany-based secondhand clothes marketplace Vinted landed $27 million in a Series B funding round led by Insight Venture Partners and Accel Partners for its expansion to the US.

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Indian fashion retailer Myntra raises $50M in funding as Amazon and Flipkart approach

Bangalore, India-based online fashion retailer Myntra raised $50 million in funding as it got approached by e-commerce giants Amazon and Flipkart as the round closed.

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BTC China restores Bitcoin-Renmibi trading

BTC China, the biggest bitcoin exchange in the world, has begun allowing users to buy the digital currency using Chinese yuan again, just a month after it halted renmibi deposits because of a bank warning.

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London-based Facebook phone maker Inq Mobile shuts down

Inq Mobile, the London-based company which is among the first to make a Facebook phone, announced via its website that it has shutdown, but the company has not elaborated on the exact reason.

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US social games maker Zynga lays off 314 employees

San Francisco, California-based social games services provider Zynga Inc is laying off around 314 employees, or 15% of its workforce, as part of a cost reduction strategy to generate between $33 million to $35 million in savings for 2014.

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Salesfusion acquires Atlanta social analytics platform LoopFuse

Atlanta, US-based marketing automation platform Salesfusion has acquired social analytics platform LoopFuse for an undisclosed amount just two weeks after the former raised $8.25 million in a Series B funding round.

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