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Page 286

RedMart aims to avoid the blues with $100m

The online grocery seller has raised $54m from backers including SoftBank and Garena, and is targeting another $100m to expand out of Singapore.

Jan 29, 2016

Alibaba agrees $900m sale for China Internet Plus stake

Alibaba will sell a stake in China Internet Plus, formed by the merger of Dianping and Meituan late last year, said to be sized at about 7%.

Jan 28, 2016

IDG goes the distance for 5miles B+ round

International Data Group was among the investors providing $30m for the hyperlocal mobile marketplace app developer, helping to raise its overall capital to more than $50m.

Jan 27, 2016

Corporates help raise BaubleBar in $20m series C

The online fashion jewellery retailer has now raised $35m altogether, after Hubert Burda and DSW contributed to a $20m funding round.

Jan 26, 2016

StartX indulges in Boom Fantasy

Fantasy sports leagues meet gambling in Boom Fantasy's $1.4m in seed funding, backed by Stanford StartX.

Jan 26, 2016

L2B welcomes spinouts to first cohort

The city of Albuquerque supports L2B, an accelerator supporting spinouts by national laboratories and state research universities.

Jan 26, 2016

Baofeng Mojing heads to $35m

The virtual reality headset maker has attracted funding from investors including film studio Huayi Brothers, which participated as an existing backer.

Jan 26, 2016

Investors rate FiveStars for $50m

Rogers-backed loyalty scheme tool FiveStars has obtained $50m in series C capital from both new and returning backers, taking its overall funding to $105m.

Jan 25, 2016

Swiggy drinks in $35m

The Norwest-backed food delivery service has secured capital to strengthen its position in the Indian market.

Jan 21, 2016
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