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Tencent leads $100 mn investment in fantasy sport platform Dream11

TMT

06 September, 2018

Tencent leads $100 mn investment in fantasy sport platform Dream11

Mumbai-based Dream11 Fantasy Pvt. Ltd has raised $100 million (Rs 719 crore) in a round of funding led by Tencent ......

Temasek, DENSO & others invest in AI hardware firm ThinCI's Series C round

TMT

06 September, 2018

Temasek, DENSO & others invest in AI hardware firm ThinCI's Series C round

US-headquartered artificial intelligence hardware startup ThinCI Inc, which was founded by Indian-origin entrepreneur Dinakar...

Uber CEO Dara Khosrowshahi says on track to float IPO in 2019

TMT

06 September, 2018

Uber CEO Dara Khosrowshahi says on track to float IPO in 2019

Uber CEO Dara Khosrowshahi said on Wednesday the ride-hailing company's plan to go public next year is on track. The ......

Japanese telecom operator KDDI backs AI-for-fashion startup Mad Street Den

TMT

06 September, 2018

Japanese telecom operator KDDI backs AI-for-fashion startup Mad Street Den

Artificial intelligence (AI) and computer vision technology startup Mad Street Den Systems Pvt. Ltd has secured an undisclosed...

US venture capital firm, IDG and others invest $9 mn in CloudCherry

TMT

06 September, 2018

US venture capital firm, IDG and others invest $9 mn in CloudCherry

Chennai- and US-based software-as-a-service (SaaS) startup CloudCherry Analytics Pvt. Ltd has raised $9 million (around Rs 64...

Sequoia, IDG co-lead new funding round in fashion rental firm Flyrobe

TMT

06 September, 2018

Sequoia, IDG co-lead new funding round in fashion rental firm Flyrobe

Mumbai-based online fashion rental platform Flyrobe has raised around $3.71 million (Rs 26.06 crore at current exchange rates)...

PE firm Lighthouse backs beauty e-tailer Nykaa as TVS Capital exits

TMT

05 September, 2018

PE firm Lighthouse backs beauty e-tailer Nykaa as TVS Capital exits

Mid-market private equity firm Lighthouse Advisors Pvt. Ltd has added beauty e-tailer Nykaa to its portfolio of consumer-focussed...

Amazon joins Apple in $1 trillion valuation club

TMT

05 September, 2018

Amazon joins Apple in $1 trillion valuation club

Billionaire Jeff Bezos-led Amazon.com Inc has joined iPhone maker Apple Inc to become the second publicly listed US company with ......

SRI Capital writes $1-mn cheque to data analytics startup

TMT

05 September, 2018

SRI Capital writes $1-mn cheque to data analytics startup

New York-based Fakespot, a data analytics platform that spots fake online product reviews, has received $1 million (Rs 7 crore)...

Food-tech firm Zomato buys enterprise catering aggregator TongueStun

TMT

04 September, 2018

Food-tech firm Zomato buys enterprise catering aggregator TongueStun

Online restaurant finder and food delivery firm Zomato has acquired Bengaluru-based TongueStun, an online startup which aggregates...

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