Categories Fundings & Exits

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Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round

 Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods […]

The deal that never was: OYO says it didn’t acquire rival ZO Rooms after all

 There’s closure around one of the most curious tech deals out of India in recent times, but it isn’t the conclusion most will expect. OYO Rooms, the budget hotel network that raised $250 million in September from SoftBank’s Vision Fund and hotel giant China Lodging, confirmed today that it didn’t […]

ForeScout Technologies prices IoT security IPO at $22

 ForeScout Technologies, the Internet of Things security company, priced its security IPO at $22, the top of its proposed range. It also enlarged the size of the IPO to 5.3 million shares, meaning the company raised about $116 million in the offering. ForeScout helps businesses and government agencies monitor the devices […]

Zscaler confidentially filed for security IPO

 Zscaler, a nine-year-old, San Jose, Calif.-based company, has filed confidentially for IPO, multiple sources tell TechCrunch. The cloud security outfit is aiming to go public before the end of the year. Read More Powered by WPeMatico GurupriyanGurupriyan is a Software Engineer and a technology enthusiast, he’s been working on the […]

Predictive marketing startup Reflektion raises $12M for international expansion

 Reflektion, a marketing startup that uses predictive analytics to increase conversion rates on e-commerce sites, has raised $12 million to support its international expansion plans. The new funding is an extended Series B round led by Hasso Plattner, with participation from returning investors Battery Ventures and Clear Ventures. Read More […]

Apple doubles down on wireless charging with its latest acquisition

 Apple is doubling on wireless charging, the technology that debuted in this year’s iPhone 8 and iPhone X, after it scooped up New Zealand-based company PowerbyProxi in its latest piece of M&A. Ten-year-old PowerbyProxi is a spinout of the University of Auckland and it is focused on developing wireless charging and power transfer […]

Medication management app Echo raises £7M Series A led by White Star Capital

 Echo, the U.K. startup that offers an app to help you manage your medication and order repeat prescriptions for delivery, has raised $7 million in Series A funding. The round is led by White Star Capital, with participation from MMC Ventures, LocalGlobe, and Rocket Internet’s Global Founders Capital. Read More […]

Chinese social media giant Weibo is raising $700M to fund acquisitions

 Weibo, the Twitter-like Chinese social network that is profitable unlike Twitter, is raising $700 million as it looks for acquisitions to continue the rocket ship growth its business has seen in 2017. The Beijing-based company, which is listed on the NASDAQ with a current market cap of $21 billion, announced […]