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Snapdeal board accepts $950m from Flipkart

E-commerce marketplace Flipkart has had a bid of between $900m and $950m accepted from the board of corporate-backed rival Snapdeal that now needs only shareholder approval.

Jul 26, 2017

Alibaba and Paytm consider putting $200m in BigBasket

Grocery e-commerce platform BigBasket is in talks with both companies over an investment that would value it at about $1bn, while Amazon is also interested.

Jul 26, 2017

Tokopedia tools up for $500m round

Alibaba is in talks to lead the Indonesia-based e-commerce company's next round, which would include existing investors SoftBank and Sequoia Capital.

Jul 25, 2017

Viber pounces on Chatter Commerce

E-commerce keyboard app developer Chatter Commerce has been acquired by Viber, having raised $1.25m in a round led by parent company Rakuten.

Jul 24, 2017

Snapdeal acquisition becomes more complex as Infibeam approaches

E-commerce firm Infibeam has reportedly bid $700m for corporate-backed Snapdeal, which looked likely to be bought by Flipkart, in a deal that would allow its founders to stay.

Jul 24, 2017

Syte.ai finds Naver in $8m round

Naver joined subsidiaries NHN Investment Corp and Line for a series A round announced at the same time as the launch of Syte.ai's clothing search platform.

Jul 20, 2017

Molekule structures Foxconn-backed series A

Foxconn was among the investors in a $10.1m round that will support hiring, product development and production expansion, as Molekule releases its air purifier to the public.

Jul 20, 2017

Reach Robotics stretches to $7.5m series A

The battle robot developer has secured $7.5m in a Qualcomm Ventures-backed round that will support commercialisation of its lead product, MekaMon.

Jul 19, 2017

Walt Disney picks fourth accelerator batch

Axiomatic, Brit + Co, Savioke and ReplyYes are among the 11 companies that make up the 2017 cohort of Disney Accelerator.

Jul 17, 2017
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