Industry Updates Archives - Page 3 of 6

Microsoft will acquire LinkedIn: – Everything you need to know. Literally!!

THE NEWS: MICROSOFT BUYS LINKEDIN Huge news in the world of M&A – Microsoft Corporation will be acquiring LinkedIn for $196 per share in an all-cash deal that is being valued at $26.2 Billion. Reid Hoffman, the Cofounder and Chairman of LinkedIn will get $2.9 Billion for the sale of his shares. He also happens […]

Consolidation of the market begins: OYO Rooms acquires Zo Rooms!

Recently, it has been disclosed by Japanese billionaire Masayoshi Son – Founder and CEO of SoftBank, that Oyo Rooms has acquired its rival Zo Rooms. After three months of rigorous negotiations, it has turned out to become an all-stock deal, which has valued OYO Rooms at about $350 million. The announcement was made in their […]

CommonFloor Merges with QuikrHomes – A Deal That Shook The Online Real Estate Industry

Quikr, recently in the first week of January announced that it has merged CommonFloor with its real estate vertical QuikrHomes. This deal, not only is the largest deal of the year but also marks the end of CommonFloor’s eight-year journey as an independent company. Although, both – Quikr and CommonFloor have been very secretive about […]

YouWeCan – An Initiative Of Yuvraj Singh

India welcomes another start-up, YouWeCan, i.e. a venture associated with cricketer and celebrity, Yuvraj Singh. India is witnessing start-up boom and celebrities too are attracting towards start-ups business. But Yuvraj’s YouWeCan is a bit special as it is meant for upcoming startups only. Yes, the venture will help startups with seed funding and Yuvraj Singh plans to invest his own 40-50 crores in tech startups. The venture is cofounded with his long time business advisor, Nishant Singhal. The company has already funded few companies like Vyomo and Moovo. Read the complete post to know more about it.

OLA’s Latest Fundraiser Of $500mn Will Help Them Grow In Size And Otherwise!

Indian market of private car hiring is growing day by day and investors are pouring in money to let the top players make it more organized and bigger than ever. Ola’s recent funding of $500 million is yet another instance of the boom in cab hiring industry of India. Prior to this round of funding, the company had received $400 million and after closing of this round total external funding has reached 1.3 billion; this time funds come from a group of investors. Read more about Ola’s fundraising and its impact on Indian Taxi hiring market.

Mobile Data Labs – Founder of MileIQ App, Acquired by Microsoft!

THE NEWS… So it’s just in that – Microsoft has recently acquired ‘Mobile Data Labs‘. The start-up is famous for its app called “MileIQ”. For all those who aren’t aware, MileIQ is one of the most popular Android and iOS mileage-tracking apps which can automatically track how far you drive. The financials of the deal […]

Expedia’s Shopping Spree Continues – HomeAway Gets Acquired!

Expedia is all set to push aside several travel brands with its enlarged status. After acquiring Orbitz Worldwide and Travelocity, the company has announced acquisition of HomeAway, a rental vacation search platform that offers properties in 190 countries and is rated among the top names of travel industry. Read more about this deal.

Delivery Hero Acquire Turkey’s Yemeksepeti for a Record $589M

Food delivery portal Delivery Hero Acquire Turkey-based Yemeksepeti for a whopping US $589 Million. This is the largest acquisition ever made in the food tech sector which is going to open many opportunity doors for booth the companies and for many others too.

myDogBuddy and Bibulu become DogBuddy and Together Raises €1.9 Million

UK’s myDogBuddy and Spain’s Bibulu merge with each other and become DogBuddy. The merger also raised €1.9 Million to capture the European market.

Create, Design & Sell Jewellery through Zazzy’s New Marketplace!

Zazzy.me in an integrated marketplace to create, design & sell jewellery. The platform gives you the freedom to design and customize your own 3D-printed jewellery. Read more about Zazzy..