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Investments – A N I T H
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Investments

Alphabet pumps US$1b into Lyft even as Uber woos SoftBank

[ad_1] David Lawee of CapitalG (center) flanked by Lyft co-founders David Green (left) and John Zimmer. Photo credit: Lyft. CapitalG, the investment arm of Google’s parent company Alphabet, has led a US$1 billion funding round in Lyft, the American cab-hailing firm announced today. This brings the...

[ad_1] David Lawee of Capita...

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Chinese startup gets $4b to battle Alibaba amid ‘local ecommerce’ boom

[ad_1] Photo credit: ygai / 123RF. One of China’s biggest and best-funded tech startups has secured US$4 billion in a new round of investment to grow its local services empire, which includes food delivery and daily deals. Meituan-Dianping, which had already accumulated US$3.3 billion in funding before...

[ad_1] Photo credit: ygai / ...

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SparkLabs gets in on blockchain frenzy with $100m VC and cryptocurrency fund

[ad_1] Photo credit: Namecoin. Global venture capital and accelerator network [SparkLabs] announced its latest initiative today: SparkChain Capital, a US$100 million fund aimed at tapping the current craze for all things cryptocurrency-related. The new fund has a dual purpose. The majority of the capital will be used...

[ad_1] Photo credit: Namecoi...

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Ex-Googler’s startup gets funding to solve ‘online fashion’s oldest problem’

[ad_1] Photo credit: mickmiller / 123RF. Worried that the dress you just bought online might be a size too small? Wondering if the size 10 shoes you just ordered are the same size 10 as all your other shoes? Are you one of those seasoned shoppers...

[ad_1] Photo credit: mickmil...

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Fintech startup Finja breaks new ground in Pakistan with $1.5m series A funding

[ad_1] Finja founders. Photo credit: Finja. The catalyst for ecommerce and other internet businesses to flourish in China, India, and Southeast Asia is digital payments. This in turn has a multiplier effect on economic growth. That’s why today’s announcement of US$1.5 million series A funding for Pakistani...

[ad_1] Finja founders. Photo...

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With fresh investment, crowdfunding site DanaDidik wants to improve access to student loans

[ad_1] Image credit: public-domain-image.com Indonesian student loan crowdfunding platform DanaDidik has raised an undisclosed amount of seed funding from impact investment fund Garden Impact. The startup will use the funds to scale and enhance its technology and service. DanaDidik is a crowdfunding platform for Indonesian students. They pay...

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Brief: Singapore’s Temasek leads $502m round for Magic Leap

[ad_1] Photo credit: Magic Leap. The news (extracted from Bloomberg): Magic Leap, the mysterious startup developing an augmented reality headset, has added US$502 million to its war chest. The funding round was led by Singapore state fund Temasek and joined in by investors like EDBI, Grupo Globo, Janus...

[ad_1] Photo credit: Magic L...

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Alibaba goes in on $40m boost for DNA-testing startup Prenetics

[ad_1] Photo credit: luchschen / 123RF. Alibaba, China’s US$460 billion online shopping giant, has invested in one of Asia’s top genetic testing startups. Prenetics, which makes a series of DNA-testing products, has pocketed US$40 million, led by Alibaba and Beyond Ventures, with three other investors joining in...

[ad_1] Photo credit: luchsch...

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