Travel and Tourism

EaseMyTrip Files Draft Papers For IPO, Looks To Raise $72 Mn

New Delhi-based online travel startup EaseMyTrip has started the process of being a publicly-listed company as it filed its draft papers with the Securities and Exchange Board of India (SEBI).

Source: INC42

 

E-Commerce (B2B)

B2B Marketplace Pumpkart Bags Funding From CII Chairman

Business-to-business emarketplace Pumpkart has raised an undisclosed amount of funding from the chairman for startups and entrepreneurship at the Confederation of Indian Industry (CII), Dinesh Dua, increasing its valuation to $9.87 Mn (INR 70 Cr).

Source: INC42

 

Media and Entertainment

Playtoome Raises Funds From SOSV To Connect Audience, Artists

Bengaluru-based entertainment tech platform Playtoome, on Saturday (December 14), announced that it raised undisclosed funds from US-based venture capital company SOSV.

Source: INC42

 

FoodTech

Zomato-UberEats Deal: Cab Company May Invest Up To $200 Million

Ride-hailing major Uber is in discussions to invest $100-200 million in fresh capital as part of the sale of its India food-delivery business to local rival Zomato, said multiple people directly aware of the transaction. The investment will come into the combined entity of Zomato and UberEats, making the fund infusion an integral part of the share-swap deal between the two, sources close to the matter said.

Source: ECONOMICTIMES

 

E-Commerce

Textile-Focused Ecommerce Firm Baibu Closes $300m Series D Round

Guangzhou-based business-to-business textile trading platform Baibu (not to be confused with the search engine Baidu) has closed its series D round, with investors pouring in $300 million. It was the largest ever fundraising round in China’s textile industry, 36Kr reported on Monday.

Source: TECHINASIA

 

Logistics

Warburg Pincus-Backed Logistics Startup Ecom Express Banks $36m

Ecom Express, a tech-enabled Indian company providing end-to-end logistics solutions, has secured $36 million in equity investment from CDC Group, a UK government-owned development finance institution and impact investor in South Asia and Africa.

Source: TECHINASIA