Dutch internet conglomerate Prosus made an unsolicited $6.3 billion cash bid to buy British food delivery firm Just Eat on Tuesday, using its superior firepower to try to scupper an all-share offer from rival Takeaway...
Uber to buy Chile’s Cornershop as it sets sights on delivering groceries
Uber Technologies Inc said on Friday it would buy a majority stake in Chilean online grocery provider Cornershop as the ride-hailing company seeks to widen its fast-growing food delivery app to include groceries and...
Deepika Padukone’s family office invests in e-taxi startup Blu Smart
Actor Deepika Padukone’s family office has invested in Blu Smart- an electric taxi startup, as part of an angel round of $3 million, the startup said on Monday. While Padukone has invested via Ka Enterprises, other...
Uber offers $750-mn junk bonds to help finance acquisition of Careem
Uber Technologies is selling junk bonds to help finance its acquisition of Careem in its first debt offering as a public company. The ride-sharing company is looking to issue $750 million of debt due in 2027, according...
BharatPe raises $50 million led by Ribbit Capital, Steadview Capital
Digital payments aggregator BharatPe, said on Monday that it has raised $50 million led by US-based fintech fund Ribbit Capital, and hedge fund Steadview Capital. Existing investors – Sequoia Capital, Beenext...
Food-tech start-up HungerBox raises Rs 16-crore funding from Paytm parent
Food catering start-up HungerBox has raised Rs 15.99-crore funding from Paytm parent One97 Communications and Sabre Partners Trust, according to filings with the Ministry of Corporate Affairs. The firm is raising Rs 57...
Bike taxi firm Rapido acqui-hires analytics startup Vahanalytics
Bike taxi app Rapido has acqui-hired Mumbai-based Vahanalytics, a data analytics startup that allows organizations to track their vehicle fleet operations, according to the company’s filings with the ministry of...
RedDoorz gets $70M in fresh round of funding
RedDoorz, the hotel management and booking platform founded by two former MakeMyTrip senior executives, has raised $70 million in its latest round of funding, led by Asia Partners, Rakuten Capital and Mirae Asset Naver...
Takeaway.com and Just Eat agree merger terms
Amsterdam-based Takeaway.com (TKWY.AS) and British rival Just Eat (JE.L) have finalised the terms of their deal to create a global food delivery company that can rival Uber Eats (UBER.N) as the largest outside China...
UrbanClap raises $75 million led by Tiger Global
Home services startup UrbanClap said on Friday that it has raised $75 million in a Series E round led by US-based investment fund Tiger Global Management, continuing Tiger’s increased interest in Indian startups...
Swiggy closes in on $750 million fundraise
Online food delivery startupSwiggy is in advanced stages of closing a $700-750-million round led by existing investor Naspers, said two people familiar with the matter, requesting anonymity. Naspers will pump in around...
BigBasket secures ₹100 crore debt investment from Trifecta Capital
Online grocer BigBasket on Monday said it has received debt funding worth ₹100 crore from venture debt provider Trifecta Capital. The money will go into working capital and capital expenditure requirements...
