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Consumer

Xiaomi calls up India for investment

Ratan Tata, chairman emeritus of conglomerate Tata Sons, has invested in Xiaomi as the Chinese smartphone maker ramps up its focus on India.


Apr 27, 2015

Big Deal: Jimubox joins well-funded peers

The $84m raised by Jimubox last week makes it the third China-based peer-to-peer lending platform to close a large funding round this month.

Apr 27, 2015

News round up 27 April 2015

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Apr 24, 2015

SanDisk helps 3DR series C soar higher

The flash storage technology company helped contribute $14m to consumer drone company 3DR's latest round, taking it to $64m altogether.

Apr 24, 2015

Recruit exits as ClassPass enlists FitMob

Recruit-backed fitness class subscription service FitMob has been acquired by competitor ClassPass for an undisclosed sum.

Apr 24, 2015

Bright Lifecare spins out online pharmacy with $6m

Bright, the operator of health and wellness products site Healthkart, has spun out new business 1mg with money sourced from existing backers including Intel.

Apr 23, 2015

Ensogo raises $29m after striking another deal

A month after it raised $12.6m from VIPShop and Ward Ferry Management, the daily deals service has obtained an additional $29.3m.

Apr 22, 2015

Wayra exits as Rocket takes away Volo

Online food delivery platform is the first exit for the Munich academy of Telefonica's Wayra accelerator, which will be added to Rocket Internet's food portfolio.

Apr 21, 2015

Google puts Spring back in its step

Google Ventures and Groupe Arnault have returned for a $25m series B round for mobile shopping app provider Spring, taking its total funding to $32m.

Apr 21, 2015

Jawbone bites down on $300m

The wearables product maker, which counts Deutsche Telekom among its investors, raised the cash from BlackRock and has inked a joint development deal with Amex.

Apr 20, 2015

Fanli achieves unicorn status in a flash

Flash sale e-commerce company Fanli has received up to $100m in series C funding from Rakuten in a deal that values it at $1bn.

Apr 20, 2015
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