$2.0B in Private Equity produce last week for Didi Kuadi , a Chinese taxi hailing app.
The sharing economy continues to drive excitements among investors that foster henceforth the established models with an increasing focus in Asia, where the market is full of promises and opportunities.
Overall, nearly $2.257B have been generated last week
to boost the digital economy. $2.0M
in seed funding for AffinityLive, startup that automates billing and
workflow management for professional service businesses using integrated
cloud-based technologies.
$100M in series C for Saavn, an India's leading digital music service.
Others funding include:
$2.0M / Seed for
AffinityLive that automates billing
and workflow management for professional service businesses using
integrated cloud-based technologies. Founded in 2012, the company reports over
$1M in annual revenue.
Investors
include: Rothenberg Ventures , Blackbird Ventures and Sandy Kory.
$17M / Series B for
Salsify that makes product-content management software to
make data accessible to manufacturers, distributors, and retailers. Founded in
2012 and based in Boston, Salsify has raised $25M to date.
Investors include: Venrock, Matrix Partners and North Bridge Venture Partners & Growth Equity.
$24M / Series B for
Confluent, startup
that offers a real-time data platform
built around Apache Kafka. Launched in 2014, Confluent will use the funding to
improve security features and management tools, as well as the stream
processing capabilities of Kafka.
Investors include: Index Ventures and Benchmark.
$100M / Series C for
Saavn , an India's
leading digital music service.
Founded in 2007, the company has raised $110M to date.
Investors
include: Tiger Global Management, Mousse Partners, Bertelsmann and others.
$2.0B / Private Equity for
Didi Kuadi a
Chinese taxi hailing app that was
formed when Didi Dache and Kuaidi Dache merged in February 2015. The company
has raised $3.5B to date.
Investors
include: Tencent Holdings, Temasek Holdings, Alibaba and others.
$11M / Series B for
Zoomcar, a car rental company that allows
individuals to rent vehicles by the hour or by the day. Zoomcar will use the
new funding to add 7,000 new cars to its fleet and launch in 15 more cities.
Investors
include: Sequoia Capital, Empire Angels and NGP.
$20M / Series B for
News in Shorts, a mobile app that delivers news clips no
longer than 60 words. News in Shorts will develop the product, hire more
editors, and increase the number of news briefs each day.
Investors include: Tiger Global Management.
$83M / Series B for
DigitalOcean , a
simple and fast cloud hosting
service built for developers. With the new funding, DigitalOcean plans to focus
on new features for its platform.
Investors include: Andreessen Horowitz and Access Industries.