Investments

Investments
UK-Based Car Subscription Platform Drover Notches $25.7M In Funding
July 16, 2020

London-based car subscription service Drover has notched 20.5 million pounds (approximately $25.7 million) in funding that RTP Global, Autotech Ventures and Target Global co-led, Silicon Canals reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Uber Looks At $500M Investment In Freight Division, Report Says
July 16, 2020

Uber is said to be in talks with investors to take stake in its freight business and raise $500 million to boost it to a value of $4 billion, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Flipkart Raises $1.2B On $24.9B Valuation From Walmart-Led Investors
July 14, 2020

Flipkart Group raised $1.2 billion in a recent funding round led by Walmart, the company’s majority owner. The investment values Flipkart at $24.9 billion, the eCommerce marketplace announced on Tuesday (July 14). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Google Keeps Eye On India With Bid For $4B Stake In Jio
July 14, 2020

Google is adding more fuel to its drive into India’s tech industry with a bid to buy a $4 billion stake in Jio Platforms, a Reliance Industries subsidiary in which Facebook has invested $5.7 billion for a 10 percent stake. Get the Full Story Complete the form...

Investments
BNPL Sezzle Raises $55M
July 13, 2020

Minneapolis-based buy now, pay later (BNPL) firm Sezzle has raised $55 million in its latest capital round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Robinhood Raises $320M, Valuation Hits $8.6B
July 13, 2020

Commission-free online brokerage Robinhood said Monday (July 13) that it has added $320 million to a funding round disclosed in May, bringing the total for the round to $600 million and producing a valuation for the company of $8.6 billion, according to a blog post....

Investments
Qualcomm Invests $79M To Boost India’s Jio Platforms’ 5G Capabilities
July 12, 2020

Jio Platforms Ltd., the Indian telecom company, has landed another major investor with deep pockets, according to a press release. Qualcomm Ventures, the San Diego-based investment arm of Qualcomm Inc., the wireless technology company, announced it has invested up to $97 million in Jio. Get...

Investments
B2B Payment Platform Taulia Seeks $60M To Expand Product Line
July 09, 2020

Taulia Inc. has attracted some of the world’s biggest investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Investments
More Business Brewing For Joe Coffee Amid New $1.3M Investment
July 09, 2020

Joe Coffee has crafted an online ordering platform for independent java shops. Now the Seattle-based startup has landed another infusion of venture capital to help it expand further amid a wave of mobile ordering. Get the Full Story Complete the form to unlock this article and enjoy...