Innovify Founder Maulik Sailor talks about Indian entrepreneurialism vs Europe, and how to get products to market fast.
Domo emerges from stealth with $200m funding, $2bn valuation
Business management platform Domo has emerged from stealth with a $200 million Series D financing round, at a valuation of $2 billion. The round was led by BlackRock, with participation from Capital…
Rocket Internet’s Global Fashion Group secures $35m
Rocket Internet’s Global Fashion Group has raised a $35 million funding round from existing backers Tengelmann Ventures and Verlinvest. The company is now valued at $3 billion post-funding. Rocket Internet owns 23%…
Quikr secures $150m funding round
Quikr, an India-based classified ads company, has raised $150 million from Tiger Global, Investment AB Kinnevik and Steadview Capital. The investment round bring Quikr’s total funding to $350 million. The website claims…
Google Capital leads $60m Zen Payroll funding round
ZenPayroll, which, unsurprisingly, offers payroll solutions, has raised $60 million in a funding round led by Google Capital. Emergence Capital Partners, Ribbit Capital and existing investors such as General Catalyst, Kleiner Perkins…
Jay-Z’s Tidal revealed, Airbnb in Cuba and Android on PC
Popular music streaming platforms like Spotify and Pandora are to welcome a new competitor to the market. Artist Jay-Z, after acquiring Swedish streaming service Aspiro for $56 million in March, has re-launched the company’s main music streaming site, Tidal. Just a month later, the company is valued at $250 million according to the New York Post.
The Exit Report: Etsy, GoDaddy, Refresh.io
The hipster online marketplace Etsy set terms for its own IPO. It expects to sell 16.67 million shares for between $14 and $16, which if priced in the middle would translate into an initial market cap of $1.66 billion.
SeatGeek raises $62m funding round
SeatGeek, a mobile platform for sports and concert tickets, has raised $62 million in Series C funding led by Technology Crossover Ventures. Accel, Causeway Media Partners and Mousse Partners participated in the…
Bpifrance gives French startup scene major checkup
It’s late Friday at a café in Paris’ sixth arrondissement, and most locals are on their second glass of wine. The moment Nicolas Dufourcq appears, shakes Red Herring’s hand and orders a…
Sports video analysis platform Hudl grabs $72.5m funding round
Hudl, a sports video analysis platform, has raised $72.5 million in funding. Accel and Nelnet led the round, with participation from Jeff Raikes. The company’s video platform aims to make it easier…