SoftBank Vision Fund 2 led a $300m round for business-to-business marketplace ElasticRun and co-led blockchain creation platform developer Aleo's $200m series B.
Funding
Telecommunications and internet group SoftBank led a $300m funding round for ElasticRun, the India-based operator of a service which helps local retailers source inventory, through its Vision Fund 2 yesterday. The round valued the company at $1.5bn and included Prosus Ventures, the venture capital arm of internet group Prosus, as well as investment bank Goldman Sachs, Innoven Capital and the Abu Dhabi-owned Chimera Investments vehicle. Sources told the Economic Times the cash was raised alongside a $32m secondary share…
