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Page 370

RetailMeNot IPO flies

Google Ventures-backed digital coupon marketplace raises $191m in IPO on Nasdaq, with an initial market capitalisation of approximately $1.05bn.

Jul 25, 2013

Softbank tucks into NatureBox

Healthy snack home delivery service raises $8.5m series A funding with participation of new investor Softbank Capital.

Jul 24, 2013

Google adds Nifti to cart

Google Ventures and Otto Capital lead $800,000 seed funding for consumer shopping intelligence startup.

Jul 23, 2013

Reuters retains stake in RML

IvyCap is now the lead investor, while Thomson Reuters will remain a shareholder in the new entity, renamed as RML Information Services.

Jul 19, 2013

Naspers-backed Flipkart sizes up competition after $200m round

MIH, the corporate venturing unit of South Africa internet media company Naspers, has backed alongside venture capital firms a $200m fifth round of funding for India-based online book business, Flipkart.com. The funding will help the business strengthen its distribution networks and expand its product lines to compete with global player Amazon.com in its local market of India.

Jul 17, 2013

Rocket Internet reaches new heights

Rocket Internet lays claim to being the world's largest internet incubator after raising $500m since May 2012 from partners Investment AB Kinnevik and Access Industries.

Jul 16, 2013

IDG goes nuts for Three Squirrels

Healthy snacks are all the rage across Europe and Asia, but not all brands deliver direct to your door in Asia. IDG has backed a relatively new food brand, Three Squirrels,that has gained a big customer following in China.

Jul 12, 2013
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