Bengaluru-based advertising technology company, InMobi, announced that it has acquired the Los- Angeles based startup, AerServ, in a whopping $90 million cash and stock deal. The deal is the SoftBank-backed company’s largest acquisition so far. The acquisition is expected to increase InMobi’s monetisation by 25-30 per cent from both, its existing clientele as well as […]
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Bengaluru-based payroll and benefits tech startup, NiYO Solutions, announced that it has raised $13.2 million in a Series A funding round. The round saw participation from Chamath Palihapitiya-owned Social Capital, Israel-based J S Capital (the family office of Jonathan Soros), Li-Ka-Shing owned Horizon Ventures and the startup’s existing investor, Bengaluru-based Venture Capital fund, Prime Ventures […]
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Sydney-based graphic design startup, Canva, has received an investment pushing them into “unicorn” status in Australia. A unicorn is a startup worth $1 billion or more, which the Australian startup was able to reach with their latest $40 million investment. “It’d be crazy not to take it,” Melanie Perkins, Co-founder of Canva said to Bloomberg. […]
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Citta.ais, an artificial intelligence startup in the healthcare sector is working toward raising finances for further development and global expansion. The Indian-Australian company is developing monitoring solutions focused on healthcare monitoring for patients. “We would like to empower millions of people with their own AI-based cardiologist on their hands available all the time,” Deep Singhania, […]
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Indian ride hailing giant Ola, announced that it is partnering with one of the top private sector banks in the country, ICICI Bank to provide customers and driver-partners with a host of integrated services. The two companies signed a Memorandum of Understanding (MoU) to finalise the deal. As per a statement released by Ola, customers […]
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