Wednesday, June 28, 2017

Jay

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Jay is the Editor of Venture Dreams. He also has keen interest in photography and is an avid gamer. You can reach him through email - jay@venturedreams.in
Travis Kalanick, Uber CEO

Uber CEO Travis Kalanick resigns

Uber's Chief Executive Officer, Travis Kalanick, who founded the ride-hailing startup in 2009, has resigned from its post, after a revolt from shareholders made it untenable for him to stay on, reports New York Times. Exit...

Product discovery startup Unbxd secures $12.5 million to strengthen its technology platform

Unbxd, a product discovery platform for e-commerce firms, has raised $12.5 million in its Series C funding round, led by Eight Roads Ventures -- the investment arm of Fidelity International Ltd. Along with Eight Roads...

Fin-tech startup Fincash.com raises seed funding to expand its operations

Fincash.com, a startup working in the personal finance space, has raised a new round of funding from a number of industry stalwarts and HNI investors. Till date, Fincash has raised about $100,000 as angel funding...

Amazon to buy Whole Foods for $13.7 billion in an all-cash deal

Amazon, the e-commerce giant, has today announced that it has agreed to buy Whole Foods for a whooping $13.7 billion in an all-cash deal. Reports suggests that Amazon agreed to pay $42 a share in...
Mobike

Bike rental startup Mobike secures $600 Mn to expand its business

Mobike, a China-based startup which is among the fastest growing startups in the on-demand bike rental space, has managed to secure $600 million in its latest Series E round of funding. The funding round was...

Shopmatic Raises $5.7 Million Series A Funding To Expand Into Overseas Market

Shopmatic, an e-commerce enabler, has announced that it has raised about $5.7 million in Series A funding round, led by tech-focused VC firm ACP Pte Ltd. The round also saw participation from Singapore-based fund Spring...

Co-working space BHIVE Workspace raises $1.2 million funding to expand its business

BHIVE Workspace, a Bengaluru-based co-working space provider, has today raised $1.2 million in its new funding round. The round was led by Blume Ventures, and also saw participation of Ramesh Aravind and Meera Reddy. Along...

Arnab Goswami’s Republic announces Microsoft India as its technology partner

Republic, a yet-to-launch media technology venture by Arnab Goswami, has announced Microsoft India as its technology partner. Through this unique partnership, Microsoft will power Republic’s broadcast techniques using some of its latest hardware and...

Oyo expands its international presence to Nepal

Oyo- India's leading budget hotel chain, has now expanded its operations to yet another country -- Nepal. This is the second country outside of India where Oyo has expanded its business. Last year, in...

Flipkart raises $1.4 billion funding from Microsoft, eBay and Tencent; also acquires eBay India

Flipkart -- the largest home-grown e-commerce marketplace, which went through a terrible times last year, is now paving way to become a leading player in the Indian e-commerce market this year. The company has secured...

WhatsApp to reportedly launch peer-to-peer digital payments in India

WhatsApp, the Facebook-owned instant massaging service provider, is reportedly soon going to launch peer-to-peer payments service in India. The IM service provider has over 200 million users in India, out of over a billion...

Uber president Jeff Jones quits citing differences over leadership approach

Uber, the leading ride-hailing service provider globally, is currently going through hard times because of its company culture. Amidst this, the company's president -- Jeff Jones, has resigned citing "differences in beliefs and approach...