Startup
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Singapore-based e-commerce enabler Shopmatic buys technology consulting firm 5X Ruby
Singapore-based e-commerce technology firm Shopmatic has acquired Taiwan’s Ruby on Rail’s technology firm 5X Ruby for an undisclosed amount. The move was done in part to strengthen the company’s research and development team as well…
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Airbnb to increase fundraising round to US$ 1 billion
Airbnb Inc authorised the sale of an additional US$153 million in equity, bringing the size of its current fundraising effort to about US$1 billion.
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Practo makes fifth acquisition, buys analytics startup Enlightiks for US$13.9 million
Bengaluru-based Practo has acquired analytics platform Enlightiks in a cash-and-stock deal valued at US$13.9 million. Post acquisition, the entire 50 member team of Enlightiks will join the company to form the Analytics Business Unit within…
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Global ecommerce startup Floship bags US$3.5 million funding round
Floship Global e-commerce raises a US$3.5 million funding round. The company plans to use the investment to accelerate technology development and serve more customers on a wider variety of e-commerce platforms.
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Japan space entertainment startup ALE raises US$ 6 million from angel investors
A startup firm in Japan, ALE that aims to paint the sky with artificial meteors and shooting stars through a project called Sky Canvas is now a step closer with US$ 6 million funding to…