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Sector focus: IT


Jul 8, 2016

Light captures $30m in GV-led series C

The Foxconn-backed multi-aperture camera developer took its total funding to almost $65m in a round that will support the expansion of its worldwide supply chain.

Jul 7, 2016

BookMyShow admits Network18 to $81m round

The media company reinvested as part of a funding round that valued the India-based online ticketing platform at more than $440m.

Jul 6, 2016

Corporates line up for Jabong acquisition

Snapdeal, Flipkart, Aditya Birla, Future Group and Alibaba are all said to be in talks to buy Rocket Internet-backed Jabong at a steep discount from its 2014 valuation.

Jul 5, 2016

Move Loot shuts down

The Alphabet and IDG-backed furniture e-commerce marketplace had raised $21m in the past two years but has now ceased operations.

Jul 4, 2016

Fund in the News: Eighteen94 Capital

The Kellogg-founded unit will generally invest between $1m and $3m at a time and the impetus behind its launch was the rate of innovation in food technology, Kellogg's vice-president of investor relations told GCV.

Jul 4, 2016

Farm Hill harvests $3m

Stanford StartX-backed Farm Hill secures $3m in funding round, boosting the food delivery company's total to $4m.

Jun 30, 2016

Danone's CVC unit lines up Michel et Augustin investment

Danone Manifesto Ventures is set to make its first investment, entering talks with food brand Michel et Augustin, reportedly to acquire a stake of up to 40%.

Jun 30, 2016

Naspers goes Movile again in $40m series F

Naspers made its fifth investment in the mobile commerce company, which has just invested $4m in online ticketing platform Sympia.

Jun 30, 2016

HTC launches 28-strong VR funding initiative

Virtual Reality Venture Capital Alliance is helmed by HTC Vive and made up of 28 partners including Colopl and Legend Holdings with a total of $10bn in deployable capital.

Jun 30, 2016

Thrive Market subscribes to $111m

The online organic grocery subscription service has added new funding to the $30m Scripps Network-backed series A round it closed last year.

Jun 28, 2016
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