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Corporates gather around Fireside
Fireside Ventures has closed a $52.3m fund backed by corporate limited partners Unilever, ITC, RP-Sanjiv Goenka, Hero Enterprise and Emami.
Mar 22, 2018DoorDash fetches $535m
The SoftBank-led series D round is indicative of a startup space where logistics, buying and transport are moving closer together.
Mar 21, 2018Eight Roads directs $375m to third fund
Fidelity subsidiary Eight Roads Ventures has attracted $375m for a Europe and Israel-focused fund that will target enterprise, consumer, fintech and healthcare IT.
Mar 21, 2018Diageo brings Belsazar on board
Vermouth brand Belsazar is the first portfolio company of Diageo-backed accelerator Distill Ventures to be acquired by the corporate.
Mar 21, 2018Grofers bags more SoftBank funding
SoftBank invested $40m to lead a $61.4m funding round for Grofers that valued it at $300m, increasing its stake in the online grocer to between 35% and 40%.
Mar 19, 2018Alibaba lays down another $2bn for Lazada
Alibaba has doubled its investment in the Southeast Asian online marketplace, having accumulated an 83% stake as of June last year.
Mar 19, 2018Gousto takes delivery of new funding
The Unilever-backed meal-kit delivery service has received $39.8m from Hargreave Hale, Angel CoFund, MMC Ventures and BGF Ventures to more than double its total funding.
Mar 16, 2018Baidu cooks up $160m for Coocaa
A Baidu subsidiary will take an 11% stake in Skyworth's smart TV spinout, which also counts Tencent and iQiyi as backers, after buying primary and secondary shares.
Mar 16, 2018Walmart weighs up $7bn Flipkart investment
Talks between the companies are reportedly at a critical stage and could involve Walmart buying shares from corporate investor SoftBank at a $20bn valuation.
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