PropShare, an India-based proptech startup has raised $47 million in its new funding round led by WestBridge Capital and Pravega Ventures. * The fund will be invested in expanding its operations into new markets and scaling its real-estate asset classes through the improvement of people, technology, and distribution channels. * The startup
Solv, an India-based online marketplace for business-to-business (B2B) offerings has raised $40 million in its new funding round led by SBI Holdings, to support its business expansion. * The fund will be invested in launching new product categories, advancing its BNPL plans, and expanding to over 300 cities across India. * Solv
Evenflow [https://www.evenflowbrands.com/], an India-based e-commerce startup has raised $5 million in a funding round from Village Global, 9Unicorns, Venture Catalysts, LetsVenture, Shiprocket and marquee angel investors. * Evenflow claims it has acquired 7 brands and launched two private labels with effective brand scaling in the last 12 months.
Twitter on Monday announced that it has reached a deal to be acquired by an entity wholly owned by the world's richest man, Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. * The deal, which is expected to close in 2022, subject
You might have wondered why you view house listings on a website and subsequently receive furniture advertising on your social media account. Most social media users have experienced this at some point or the other. While I have no intention of joining the privacy debate associated with social media algorithms,
Find out the cost of starting a business in over 50 countries in Africa.
In the last ten years, the subscription business model has exploded in popularity across consumer industries including fashion, food, and beauty, creating what has been dubbed, the ‘subscription economy.’
Welcome to The Draft, a Techloy series that highlights the most interesting business and financial stories in the technology industry across emerging markets globally. Curated by the Techloy News team. Top Story * Telecom giant MTN says it plans to complete the sale and leaseback of its South African towers by
Indian telecommunication giant, Airtel released its latest financial results and earnings report last Friday. Techloy provides a summary of the key figures.
Keep up with the business and financial stories that matter in the technology industry across emerging markets globally on The Draft, curated by Techloy Editor, Loy Okezie.