$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.


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