European online food delivery firm Takeaway.com NV (TKWY.AS) said it was in talks about an all-share offer for Britain’s Just Eat (JE.L), announcing the possible bid after a media report about a 9 billion pound ($11...
Zomato acquires food donation start-up Feeding India
Food delivery platform Zomato has acquired Feeding India, a not-for-profit organisation with an aim to serve at least 100 million underprivileged people every month. With this acquisition, Zomato will fund the entire...
Uber buys artificial intelligence firm to advance push on autonomous cars
Uber said Wednesday it has acquired computer vision startup Mighty AI to help advance its technology for self-driving cars. Terms of the acquisition were not disclosed, but the ride-hailing giant said some 40 employees...
Affle acquires assets of US mobile ad firm RevX Inc
Microsoft-backed consumer intelligence company Affle has acquired US headquartered mobile advertising company RevX Inc in an all cash deal. RevX’s platform, assets, brand name, intellectual property rights, business...
BiryaniByKilo raises ₹30 crore from IvyCap Ventures
BiryaniByKilo, a delivery led food startup, has raised ₹30 crore in a Series A round from homegrown venture capital firm IvyCap Ventures, it said on Friday. The company is focused on Nizami & Mughlai cuisine making...
Swiggy looks to raise fresh funds from Carlyle Group
Food delivery unicorn Swiggy is in talks to raise money from US-based private equity fund Carlyle Group, two people aware of the matter said. If Carlyle does invest, it would mark only its second Indian technology...
Bounce raises $72 mn led by B Capital Group, Falcon Edge Capital
Two-wheeler rental startup Bounce raised $72 million in its series C funding round led by global technology fund B Capital Group and Falcon Edge Capital, a New York-based hedge fund. Accel Partners India, Accel Partners...
Toyota may invest $550 million in China ride-hailing firm Didi: Report
Toyota Motor Corp is considering investing about 60 billion yen ($550 million) in Chinese ride-hailing giant Didi Chuxing, the Nikkei business daily reported on Wednesday. Japan’s top automaker was also looking to...
SoftBank, Tiger Global deliver $220 million in fresh funds to Grofers
Grofers has raised $220 million from SoftBank Vision Fund and other investors, marking the biggest fundraising in India’s online grocery delivery industry and ratcheting up pressure on larger rival BigBasket. The latest...
Quikr ties up with Rocking Deals for offline service
Online classifieds marketplace Quikr on Sunday announced a partnership with Rocking Deals for offering offline services to its customers. As per the tie-up, Quikr will sell its products at the Rocking Deals’...
Luxury car rental startup HYPE in talks to raise $25-30 million
Bengaluru-based luxury car rental startup HYPE Technologies is in early talks to raise $25-30 million in a Series A round of funding, from venture capitalists and car makers including BMW Group India and Mercedes India...
Ratan Tata bets on Ola Electric Mobility, invests undisclosed amount
Ratan Tata, chairman emeritus of Tata Sons, has invested an undisclosed sum in Ola Electric Mobility (Ola Electric), the ride-hailing firm’s electric vehicle arm, as part of a Series A round of funding. Tata is also an...
