Audio-centric social network Clubhouse is looking at a possible fundraising round at a valuation of around $4 billion, Bloomberg reported, citing unnamed sources. That pricing would see the social network’s valuation quadrupled from January, showing the sky-high expectations investors have for the app. The app...
Goldman Sachs spent £75 million ($104 million) to buy additional Deliveroo shares in an effort to support the initial public offering (IPO) price after a disappointing debut on the London Stock Exchange (LSE), the Financial Times reported, citing sources. The underwriter’s buy was almost 25 percent...
CRED, an Indian FinTech that says its payment platform helps members pay credit card bills on time through incentive programs and high-tech tools, on Tuesday (April 6) announced a new fundraising round that puts its valuation at $2.2 billion, according to published reports. The newly...
Silicon Valley mobile engagement startup Sendbird is now valued at $1.05 billion after closing a $100 million Series C funding round led by Steadfast Venture Capital, the company said in a Tuesday (April 6) blog post. Several new investors participated in the round, including Emergence Capital,...
“Buyout Barons” on Wall Street are upping their risk-taking and using the leveraged loan market to finance takeovers and dividends, a Bloomberg report says, with the bank mergers and leveraged buyouts shooting up to $70 billion in the first quarter of this year. That’s the...
Indian food delivery startup Swiggy raised $800 million in a funding round led by Falcon Edge Capital and Goldman Sachs, with participation from Accel and Naspers, Bloomberg reported on Monday (April 5), citing an internal memo. In a note to employees that was seen by...
Meesho, an Indian social commerce startup that has the backing of Facebook, has raised $300 million in new funding, bringing its value to $2.1 billion. According to the Economic Times, this new round of funding, led by SoftBank Vision Fund 2, has nearly tripled Meesho’s...
Friday (April 2) was a big day for dLocal, as the emerging markets payments platform announced the appointment of a new president and a new COO, along with $150 million in new funding. According to a company news release, this funding round was led by...
Thrasio, a startup that acquires Amazon FBA brands, closed a Series C funding round with another $100 million investment, bringing its total fundraising to date to $1.35 billion. “Thrasio’s trajectory and the speed at which it has achieved growth is impressive to say the least,...
