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CITYMALL FUNDING
IOI Properties plans Malaysia REIT with assets worth $1.9 billionIOI Properties Group is set to launch a Malaysian real estate investment trust valued at approximately $1.9 billion. This REIT will encompa...- ETtech Deals Digest: Startups raise $871 million in September, down 28% on-yearStartups across seed, early, and late stages raised the funds through 87 deals, compared to 190 in the year-ago period.
- Backed by 19 unicorn founders, VC Bipin Shah launches Rs 159 crore Solo GP Fund, Zeropearl VCThe fund will focus on pre-seed and seed investments, backing a select few startups in India's burgeoning ecosystem.
- ETtech Deals Digest: Startups raise $180 million this week, up 28% on-yearDespite the higher value, the number of deals during the week was down at 19 transactions, compared to 51 in the corresponding week last ye...
- Community ecommerce startup CityMall raises $47 million at flat valuationExisting investors, including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventu...
- BigBasket top brass churn; RMG ban pain manifestsHappy Tuesday! BigBasket CEO Hari Menon is expected to take a step back as part of a leadership transition. This and more in today's ETtech...
- VC fund General Catalyst stresses on governance in Indian startupsInstances of financial misappropriation in the last 12-18 months including at startups such as BharatPe, Zilingo and GoMechanic have prompt...
- Jungle Ventures to triple its investment team in IndiaThe company, which closed its fourth $600 million fund in May, has a team of four professionals in New Delhi and Bengaluru. The company for...
- Udaan fires 180-200 staff, 5% of its workforce, to cut costsA company spokesperson confirmed the development to ET without disclosing the number of employees it had fired.
- Citymall lays off 191 employees three months after raising $75 million in fundingOn Sunday evening, the company posted on professional networking site LinkedIn, saying it has taken the call to layoff a portion of its sta...
- Singapore- based Jungle Ventures raises $600 million for new fundThe funding includes $450 million in the main Fund IV and $150 million in additional managed commitments, one of the largest pools of capit...
- Citymall raises $75 million in funding led by Norwest Venture PartnersThe funding will be used to expand across categories and geographies, and strengthen its back-end technology, said Angad Kikla, cofounder a...
- Quick commerce delivers quick jobs; 2022 will see fewer but bigger dealsInsiders estimate that more than 400,000 delivery jobs will be up for grabs in the next 90 days, almost 50% more than this time last year.
- CityMall joins hyper-competitive fresh grocery spaceThe startup had struggled with supply chain issues despite attracting demand the first time around, a person aware of its plans said.
- CCI hears startups in Google case; CityMall joins grocery rushGoogle has been under fire around the world for its steep commissions and monopoly over payments on its Play Store.
- Otipy, a social commerce platform, gets $10.2 million from SIGOtipy will use the funding to enter additional categories for perishable items, such as milk and bread, as well as expansion into other cit...
- CityMall raises $22.5 million from General Catalyst, Jungle Ventures, othersCityMall, an e-commerce platform focused on smaller cities and towns, will use the fresh funding for hiring, technology and building a logi...
- CityMall raises $11 million in funding led by AccelThe capital will be used to strengthen the online grocery platform’s supply chain, logistics network and expand its footprint to 20 new cit...
- PocketPills gets $30 million funding at $150 million valuationPocketPills, an online pharmacy, is expected to use the funding from investors Telus Ventures and WaterBridge Capital to broaden its produc...
- Citymall raises $3 million in funding led by Elevation CapitalThe proceeds of this fresh funding will be utilised to build a network of community leaders and expand its supply chain tailored for Tier I...
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