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Naspers takes control of Avito in $1.2bn deal
Naspers, which invested $50m in the classified listings platform two years ago, upped its stake to almost 68%, as Kinnevik made a 13x return on its investment.
Oct 23, 2015Opinio matters with $7m series A
The startup, which offers a hyperlocal delivery service to small businesses, raised the cash from investors including logistics company Delhivery.
Oct 21, 2015Aspiring Minds seeks startups to divide $1m
The employment assessment firm has set aside $1m to support edtech and employment technology startups in India, China and the US at seed stage.
Oct 20, 2015Big Deal: 23andme raises $115m
The genetics testing company has managed to attract a range of corporate investors, partly through its research activities, and international expansion looks to be on the horizon.
Oct 19, 2015News round up 19 October 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Oct 16, 2015Checkr investigates $30m series B
The Alphabet-backed background checking service is seeking to raise at least $30m in a round that will follow a $9m series A round last year.
Oct 15, 2015Phoenix rises with $30m from TAL
TAL Education took a 32% stake in Phoenix, the operator of China's most widely used e-learning platform, through the deal.
Oct 13, 2015Alibaba and Ping An back 58 Home
The corporates joined KKR to supply $300m to 58.com's local services subsidiary, which is now valued at $1bn.
Oct 13, 2015Quikr to move into CommonFloor
Quikr, which is also raising cash at a $1.5bn valuation, is set to acquire the Google-backed property listings platform for about $160m in cash and stock.
Oct 12, 2015Big Deal: Dianping and Meituan join forces
The merger of Dianping and Meituan is emblematic of the consolidation in China's internet sector, where growth is essential to prevent being overtaken by businesses with bigger wallets.
Oct 12, 2015Featured Content
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GCV’s Rising Stars and Emerging Leaders 2026The talent pipeline in corporate venturing shows both momentum and staying power, as the industry comes of age.GCV’s Rising Stars and Emerging Leaders 2026
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