SEARCHED FOR:BAIN CAPITAL VENTURES
Uber leads $170 million investment in bike-sharing startup Lime
The two firms previously had an agreement allowing users to find and rent bikes and scooters with either of the applications.
Silicon Valley-based AngelList launches angel fund in India
AngelList will manage the legal and regulatory aspects of raising capital and inv...
Big corporates back crypto 'plumbing' despite currency caution
Bitcoin slumped by three-quarters last year after nearing a record of $20,000 ...
Bain Capital Ventures raises $600 million for technology startups
If this pace continues, 2016 will easily outstrip the $36 billion raised by funds in 2015 and mark a high not seen in more than a decade.
FourKites raises $35 million for geographic, product expansion
FourKites uses connections to more than four million GPS devices and a proprietary algorithm to provide precise arrival time predictions and real-time recommendations.
RentoMojo raises $10 million in Series-B funding
Bain Capital Ventures, former Lending Club CEO Renaud Laplanche and existing investors Accel Partners & IDG Ventures also participated in round.
This founder used to split his time between Amazon and the army, and it shows
Isaac Oates manages a team of 42 people at Justworks, an HR and payroll management startup that he founded in 2012.
Crypto exchange CoinDCX raises $2.5 million in fresh funding
Funds will be deployed towards a blockchain and cryptocurrency learning programme aimed at first-time cryptocurrency traders.
Uber loses $2.9 billion, offloads bike and scooter business
Earlier this week, Uber said it was cutting 3,700 full-time workers, or about 14 per cent of its workforce, as people avoiding contagion either stay indoors or try to limit contact with others.
Bain Fund, BitMEX owner among funders of India crypto bourse
The funding signals hope for an industry that floundered in the last two years amid the ban, during which time several exchanges had to shut up shop. Liquidity fell drastically and it became challenging to operate the business.
VC investors see a truckload of money in digital freight sector
Targeting mainly micro, small and medium enterprises, these firms help reduce the hassle of documentation for clients through digitalisation, detect the whereabouts of shipments/consignments, reduce overall booking time, and negotiate cost-effective rates through bulk booking.
Big tech is coming for banking: Experts predict fintech’s 2020
Memorably, in 2019 Mark Zuckerberg defended Facebook Inc.’s plan to overhaul the world banking system in front of Congress. Our experts think there’s plenty more government scrutiny ahead for financial technology players.
Silicon Valley’s AngelList at work on India-dedicated fund
‘The Collective’ will deploy about ₹1 crore each across 60-80 companies annually and give access to quick capital to its Syndicate leads.
Money-guzzling tech startups like Uber, Snapchat ripe for fall?
Hedge funds and mutual funds are flocking to the market's hottest corner, paying 15 to 18 times projected sales in private-funding rounds, fuelling talks of dot-com like crash.
Silicon Valley’s rising VC firm Menlo backs Unitary Helion
Menlo is known for its early bets on companies like ride-hailing giant Uber and eyewear brand Warby Parker, besides online pharmacy Pillpack.