Prosus undertakes internal reorganisation, appoints separate leaders for edtech and food deliveryAs part of the reshuffle, Larry Illg, who was acting as the chief executive of the combined segment (food delivery and edtech), will be ste...
Cred’s NBFC may raise $50-70 million; MapmyIndia CEO wants internet body IAMAI to reflect Indian voicesKunal Shah-owned Newtap Technologies, which acquired Parfait Finance, an RBI-registered NBFC, is in talks to raise equity capital from Cred...
Grocery app Getir in talks to take over German rival Flink: ReportFlink is also in talks to raise funding of about $100 million from existing investors, for a valuation of more than $1 billion, the report ...
The pain after the gain: grocery deliverers reshuffle after lockdown boomAs the COVID-19 pandemic kept consumers behind closed doors, investors poured billions into "quick commerce" grocery firms that pledged to ...
German grocery app Gorillas to cut staff in search of profitBerlin-based Gorillas, founded in 2020, has tripled the size of its business since October when it raised 860 million euros ($921 million) ...
Getir, Turkish startup, boosts valuation to $12 billion with latest $768 million fundingTech has revolutionized the way the world operates. In 2013, when Amazon launched its mobile application, nobody noticed the pavement it ha...
Delivery Hero buys minority stake in grocery delivery startup GorillasBerlin-based grocery delivery company Gorillas is now valued at about $2.1 billion in pre-money valuation, according to Delivery Hero.
Autonomous driving to be cheaper than cost of a car: Softbank chief SonSpeaking at the World Economic Forum's online Davos Agenda Summit, he said the COVID-19 situation is a tragedy, but technology is evolving ...