Ratan Tata, chairman Emeritus of Tata Sons has acquired a stake in Chinese smartphone maker Xiaomi. The amount of the funding in Xiaomi is undisclosed.
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Tag: funding
Ola raises $400 million in latest round of funding from DST Global and others
Ola has secured $400 million in latest round of funding from DST Global with participation from GIC, Falcon Edge Capital and existing investors SoftBank Group, Tiger Global Management, Steadview Capital and Accel Partners US.
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Zomato secures Rs 155 Cr in funding from InfoEdge
Zomato has raised Rs 155 Cr ($55M) in latest round of funding from InfoEdge. The latest funding has raised the valuation of the company to $660 Million.
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Ola secures $315M funding from DST Global
Ola, the online taxi service has raised $315M in latest round of funding from DST Global and existing investors Tiger Global, Steadview Capital and Accel Partners. Existing investors Softbank and Matrix Partners did not participate in the round.
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Quikr secures $150M (Rs 900 Cr) in latest round of funding
Quikr has received $150M (Rs 900 Cr) in latest round of funding from existing investors including Tiger Global Management and Investment AB Kinnevik, and first time investor Steadview Capital, a Hong Kong-based firm.
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Pebble Time’s Kickstarter ends with over $20 million in funding
Pebble Time has been the most successful crowdfunded campaign on Kickstarter. The smartwatch with e-ink display from the company closed a funding of more than $20 million.
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Cyanogen secures $80 million in latest round of funding
Cyanogen has received $80 million in latest round of funding from Premji Invest. This funding comes just a week after it was reported that the company raised $110 million.
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Pinterest secures $367 million in funding, valuation hits $11 billion
Pinterest has raised $367 million in latest round of funding that will lead the company’s valuation to $11 billion. The funding was led by Andreessen Horowitz and Bessemer Venture Partnersseen, as per a regulatory filing.
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Alibaba to invest $200 million in Snapchat
Alibaba, the Chinese e-commerce giant is investing $200 million in Snapchat, according to a report from Bloomberg. The latest funding will bring Snapchat valuation to $15 billion.
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Uber seeks $1 billion in latest round of funding
Uber has expanded its most recent round of funding by $1 billion,according to the New York Times. The report cited Delaware Secretary of State documents showing the Series E round of funding up to $2.8 billion.
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Flipkart reportedly in talks to raise $1.7 billion funding in coming months
Flipkart just keeps getting bigger and bigger. The homegrown e-commerce player is looking forward to raise another huge round of funding, as per a report from The Economic Times.
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Paytm to receive $575 million funding from Alibaba
Alibaba is investing $575 million in Paytm, according to a latest report from The Economic Times. The Chinese e-commerce giant is investing the sum in Indian e-commerce company and digital payments company, One97 Communication.
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Snapchat secures $485.6 million in latest round of funding
Snapchat has raised $485.6 million in the latest round of funding. The ephemeral messaging service has secured the funds from a total of 23 investors whose identity is not revealed.
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Flipkart receives $180 million in new round of funding, valuation tops $11 billion
Flipkart has secured a fresh round of funding following a report last week. The homegrown e-commerce giant has received $180 million from Hong Kong-based investment firm Steadview Capital, as per a report from The Economic Times.
Flipkart reportedly looking to raise another billion dollar funding
It looks like Flipkart is eyeing to raise another round of funding that may be between $700 million and $1 billion, as per latest report from Livemint.
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