San Francisco, US-based online food delivery startup Munchery raised $28 million in a Series B funding round led by Sherpa Ventures to bring its service to Seattle and other places in the US.
Sectors
Samridhi Fund invests INR18 crore to help Kanungo Institute of Diabetes expand in India
Samridhi Fund invested INR18 crore in Bhubaneswar-based diabetes care provider Kanungo Institute of Diabetes Specialties (KIDS) to help the latter expand its services in rural India.
Microsoft Ventures establishes world's first startup hotline in India
Microsoft Ventures in India established the world's first startup hotline in Bangalore to give startups access to real-time professional advice regarding the accounting, taxation, legal, and technical aspects of a business via toll-free number.
Seplat's listing is expected to spur IPO on Nigerian Stock Exchange
Seplat's public debut has been expected to increase IPOs on the Nigerian Stock Exchange, reported Ventures Africa.
UBA announces slowing down on Africa expansion
The United Bank for Africa has revealed that it would slow down its expansion in Africa that would be favorable to Nigeria's power projects, reported Ventures Africa.
Latest News
Stamford, US-based collaborative business intelligence (BI) platform Decisyon Inc landed $22 million in its Series B financing led by Catalyst Investors to support its global expansion.
The Hunt received USD10 million worth of new funding from Khosla Ventures and Javelin Ventures, reported TechCrunch.
San Francisco, US-based social music apps maker Smule scored $16.6 million in a new funding round led by Roth Capital Partners to develop its products and fuel its expansion into Asia.
RideScout, a transportation aggregating app that was previously available in Austin and Washington only, launched its service in San Francisco to help more people find the best route to get to their destination in real-time.
Ooomf changed its name to Crew and announced receiving USD2.1 million new funds, reported TechCrunch.
Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.
Genesis Media received new funding which was valued USD6 million for interrupting ads known as ContentUnlock, reported TechCrunch.
Zandesk revealed its plan to go public and its acquisition of Singapore's Zopim, reported Ventures Beat.
New round funds were given to AppDirect valued at USD35 million, reported TechCrunch. AppDirect has announced taking in USD35 million in fresh rounds of funds, reported TechCrunch.
