Jolla has now stretched three new goals for its tablet project. The company has said that it will add the option for Jolla Tablet owners in Europe to upgrade their device to a 3.5G HSDPA for $30 if the campaign hits $2.5 million.
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Uber is looking forward to raise $1 billion in a latest round of funding, as per latest report from The Financial Times. The popular on demand car service secured $1.2 billion funding in June this year.
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Last week, it was reported that Xiaomi is seeking funding that will value the company at $40 billion. Now, a fresh report from China Daily is claiming that Xiaomi is talking to investors and banks to raise about $1.5 billion in its fifth round of financing.
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Xiaomi is looking to raise a large amount of funding that will increase the company valuation to a whopping $40 billion, according to a latest report from Bloomberg.
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Snapdeal has raised a whopping $627 mn in funding from Japan SoftBank. The news follows a report that came in two weeks back. Snapdeal plans to use this capital to ramp up technology and supply chain management.
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Snapdeal is close to raising funding worth $600-$650mn, as per a latest report from Reuters. The funding will be led by existing investor Japan’s SoftBank Corp to expand Snapdeal’s operations.
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Truecaller has received a funding worth $60 million from Atomico, Kleiner Perkins Caufield & Byers and Sequoia Capital. The raised funds will be used by the comapny to fuel product development, hire new talent and expand the company’s global footprint.
Indian instant messaging app Hike has received a funding worth $65 from Tiger Global Management and Bharti Soft Bank (BSB). The home grown app has also announced that it now has more than 35 million registered users.
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Soon after Flipkart announced that it has secured $1 billion in latest funding, Amazon has revealed that it is investing $2 billion in India. The e-commerce firm stated that the funds would be used to support its rapid growth and continue to enhance the customer and seller experience in India.
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Flipkart, the big daddy of the Indian e-commerce is about to get bigger. The company has raised eye popping $1 billion (Rs. 6000 Crore) in the latest round of funding from new and existing investors, according to a report from the Economic Times.
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Soon after acquiring fashion e-retailer Myntra for an estimated price of over $330 million, Flipkart has received funding worth $210 million from DST Global which is a fund led by Yuri Milner. Other investors in this latest round of funding include existing invested Tiger Global, Accel Partners and Iconiq Capital. Continue reading “Flipkart secures $210 million in funding from DST Global and others”
