Contactless delivery: The future of logistics?
Introduction: If the Covid 19 pandemic has taught us anything it is how to cope up with change. From online education to remote working to decreased social gatherings, the pandemic has affected nearly every aspect of our lives. Amid these changes, an interesting one is the rise of contactless deliveries. The concept of contactless deliveries has been around for quite...
A look at the global gaming industry in 2021
Overview The gaming industry in today’s world has hit an all-time high in its growth trajectory, especially with the arrival of the COVID-19 pandemic. Being one of the few industries to flourish amid the pandemic, the gaming industry has witnessed significant growth in the world today. Due to their prolonged time at home, gamers have had the chance to purchase...
American startup Price.com raises US $ 10 million
Price.com, a California (United States) based AI-driven comparison shopping platform, announced on 31st March 2021 that it has raised US $ 10 million in its seed funding round. Investors: The round was led by Ricky Caplin, Chairman of Caplin Family Offices, along with participation from scores of other angel investors including Vanja Josifovski, CTO of Airbnb; Richard Socher, Chief Data...
Amazon acquires Indian retail startup Perpule at US$ 14.5M
Amazon acquired the Indian retail startup Perpule that helps offline stores go online, for US$ 14.7M in an all-cash deal on 31st March 2021. Amazon will also spend an additional US$ 5M to compensate Perpule’s employees. With this acquisition, Perpule’s investors - Prime Venture Partners, Kalaari Capital, Venture Highway and TaxiForSure are expected to exit with a 4X to 5X...
US-based Manticore Games raises US$ 100M in Series C round
US-based Manticore Games, a company that develops user-generated games in the multiverse, raised US$ 100 million in a Series C funding round on 31st March 2021. Investors: The funding round was led by XN. Other participants included strategic and institutional investors such as SoftBank Vision Fund 2, London Venture Partners (LVP) and existing investors - Benchmark, Bitkraft’s new Opportunity Fund,...
Analyzing the US Tech IPOs of 2020
2020 was a blockbuster year for tech startups, with leading players in the industry such as Airbnb, DoorDash and Palantir all going public last year and Snowflake becoming the largest software IPO of all time.
Second Closet raises CAD 20M in Series A extension
Toronto-based consumer storage and logistics startup Second Closet announced in March 2021 that it has raised CAD 20M in a Series A extension round co-led by Whitecap Venture Partners and Intact Ventures. MIG, Michael Hyatt, and Cowie Capital Partners also participated in the funding round. The startup will use the proceeds from the funding round to grow its B2B play...
New York based startup UnitedMasters secures US $ 50 million
UnitedMasters, a New York (United States) based music distribution platform, announced on 31st March 2021 that it has raised US $ 50 million in its Series B round. The round was led by tech giant Apple along with participation from Andreessen Horowitz and Alphabet. Investors: Apple is a well known multinational technology company that manufactures consumer electronics, computers and software....
Uganda’s startup Tugende raises USD 3.6 Million
Kampala, Uganda based startup Tugende has raised USD 3.6 Million on 31st of March, 2021 in a series A funding round led by Partech. The company has secured a total funding of USD 34.1 in funding over 8 rounds. Investors: The acquisition of USD 3.6 Million funds took place in a series A funding round led by Partech along with...
Chicago based startup Cameo USD 100 Million
Chicago, Illinois, US based startup Cameo has raised USD 100 Million on 30th of March, 2021 in a series C funding round by Amazon Alexa Funds. The company has secured a total funding of USD 165.2 Million. Investors: The acquisition of USD 100 Million funds took place in a Series C funding round led by Amazon Alexa Funds, Valor Equity...
