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SOCIAL COMMERCE CITYMALL
CityMall undertakes first Esop buyback worth $1.3 million.CityMall, which is backed by investors like Accel, Elevation Capital and General Catalyst, raised $75 million in March. Three months later,...- 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...
- 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...
- Crypto investors nurse FOMO wounds; Zilingo founders offer to buy troubled firmAs the bears’ grip on the market tightens, Indian investors who succumbed to FOMO (fear of missing out) and invested in crypto assets are f...
- 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.
- Dealshare turns unicorn after $165 million funding from Tiger Global, Alpha WaveTiger Global invested almost $40 million while Alpha Wave Ventures invested more than $31 million. After the funding, Tiger Global owns 11....
- 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.
- Exclusive: Google in talks to back social commerce startup MeeshoGoogle’s latest investment will take Meesho’s total funding to over $900 million so far this year, including $300 million that it raised fr...
- Swiggy to test social commerce for group buying of groceriesSwiggy has been conducting a combination of external as well as internal hiring – including for several technology roles - to build the ver...
- Social commerce startups make hay, rake in $554 million this yearThe amount is the highest since 2015 and seven times what these companies made a year ago
- YouTube to acquire video-based social commerce startup simsimStarted in July 2019 by Amit Bagaria, Kunal Suri and Saurabh Vashishtha, simsim helps small businesses transition to e-commerce through inf...
- 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...
- Social commerce startup Trell raises $45 million from Mirae, H&M othersPulkit Agrawal, Trell’s cofounder said that the company has fulfilled 1 million orders at an average order value between Rs 750-800.
- DealShare raises $144 million from Tiger Global and othersThe round was led by New York venture fund Tiger Global and co-led by WestBridge Capital, Alpha Wave Incubation and Z3Partners.
- 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...
- 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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