In an extended version covering the holidays, Global Corporate Venturing has rounded up the period’s smaller deals and tracked the emerging companies accessing corporate funds.
E-commerce group Alibaba is investing $10m in India-based logistics service provider Xpressbees, according to regulatory documents seen by Paper.vc. The company had received $35m in series D funding from Alibaba in January 2018 having closed a $12.4m round in 2016 featuring existing investors SAIF Partners, IDG Ventures India (now Chiratae Ventures), New Enterprise Associates, Vertex Ventures and Valiant Capital, bringing its overall funding to $17.4m.
Saudi Arabia-based payment processor HyperPay has closed what it referred to as an eight-digit investment…
