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GETIR FUNDING
Uber seeks Turkish blessing to buy Getir Food from Mubadala, sources sayA sale of Getir Food would mark another step in the exit from Turkey of Mubadala, Abu Dhabi's $330 billion sovereign wealth fund, and would...- Quick-commerce risks: A lot can go wrong when everything arrives in 10 minutesQuick commerce is rapidly transforming India’s consumer economy by offering ultra-fast delivery times. Platforms like Blinkit, Zepto, and S...
- Tiger Global conducts due diligence of Zepto warehouses amid quick commerce frenzyTiger Global is showing strong interest in Zepto, a quick commerce startup valued at $5 bn. The firm is conducting due diligence at Zepto's...
- Public markets pricking the valuation bubble & other top tech, startup stories of this weekAfter a slowdown in technology IPOs in 2022, several tech companies including Arm, Instacart, and Klaviyo have returned to raise funds from...
- Turkish delivery startup Getir to exit Italy, Spain and PortugalUltra-fast grocery delivery startups like Getir boomed during the COVID-19 pandemic but have been hit by consumers' stronger than anticipat...
- 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 ...
- Govt may seek deals for India-made chips; Google denied relief on second CCI orderDiscussions are likely to be held with countries that don’t have extensive semiconductor manufacturing capacities and currently procure chi...
- ETtech Long Read: Quick commerce may find it tough to bag new users, investors in 2023The tough funding environment is taking a toll on the rapidly evolving quick commerce segment, and the year ahead could be about getting by...
- Mobility startup Swvl to fire over 400 employeesSwvl has over 1,330 employees and laying off 32% of its workforce means that over 400 people will lose their jobs.
- Fast delivery startup Getir closes funding round with $12 billion valuation"This investment will enable us to further develop our proposition and technology, as well as... to continue to attract the best talent," G...
- 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...
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