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Article on March 13, 2018

Foodpanda to Launch Technology Centre in Bengaluru

Ventures into Machine Learning & Data Sciences to build personalised offerings for partner restaurants and end consumers

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Two Indian entities Selected to Join Booking.com’s 2018 Accelerator Programme

Global Himalayan Expedition (GHE) organizes impact expeditions to provide clean energy and digital education access to the remote mountain communities of the Himalayas, helping to put them on the map for future travellers to explore.

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ofo Raises $866M in Latest Funding Round Led by Alibaba

As a precedent of asset mobilization in the bike-sharing industry, ofo uses a combination of debt and equity financing for this round. ofo will drive long-term success independently with the continuing support of leading investors.

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How Blockchain is Reshaping the Real Estate Industry: JLL

The UK has announced plans to move the country’s land registry to blockchain by 2022, while Sweden, Ukraine, Dubai and The Republic of Georgia are all reportedly trialing the technology.

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Doubtnut Raises Pre-Series A of 3.5Cr from WaterBridge Ventures and Omidyar Network

Doubtnut, a multi lingual online learning platform for students raised a pre-series A round amounting to Rs 3.5 crore led by WaterBridge Ventures with participation from Omidyar Network

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Apple to Acquire Netflix of Magazines for an Undisclosed Sum

This is the first acquisition by Apple in 2018. Last year, it had acquired 7 companies including Shazam, BuddyBuild, PowerbyProxi, Pop Up Archive, Vrvana, Invisage Technologies, and Regained.

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Sequoia-backed Pine Labs Raises $82M from Actis, Altimeter

The company is also looking to add new products in its portfolio including electronic gift cards, loyalty programmes, and others. It has also partnered with non-banking finance companies to rapidly scale up the merchant lending business.

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