Ranked sixth in the world by Start-Up Genome’s Start-Up Ecosystem Rankings in 2019, Israel has been recognized internationally as the start-up nation, punching above its weight for a country with a population of only 8 million. How does this tiny nation manage to be so creative?
Getaround, a car-sharing platform, will enter the unicorn club with a roughly $200 million equity financing. Getaround acquired NGP Capital portfolio company Drivy earlier this year.
Bengaluru-based online classifieds marketplace Quikr is looking to go public in 2021. The company has raised $352.8 Mn in funding from investors such as Tiger Global, Kinnevik, Warburg Pincus, Matrix Partners, Norwest Venture Partners, eBay, and NGP Capital.
The round was led by NGP Capital, with participation from Mubadala Ventures and all existing investors.
The round was led by Activate Capital, with new investors including NGP Capital, BNP Paribas, and Total Ventures.
NIKE has acquired Celect, a leading retail predictive analytics and demand sensing firm based in Boston. Celect is Nike’s latest acquisition, fueling its Consumer Direct Offense strategy, serving consumers personally at a global scale.
In recent years, the country has rushed to pursue “intelligent education.” Now its billion-dollar ed-tech companies, like Squirrel AI, are planning to export their vision overseas.
The trucking world has been inundated in recent years by startups all aiming to solve the big three problems with freight: safety, fuel costs and driver shortages. For Peloton Technology, a Silicon Valley company that launched in 2011, the answer doesn’t strip out the human driver.
Specializing in an overlooked trucking niche has helped NEXT get a fast start, and the company is just scratching the surface of a lucrative national market worth $60 billion.
Ida Tin is credited with coining the term femtech, that is technology which addresses women's biological needs. It's expected to be worth $50 billion by 2025.
Fueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. This acquisition brings Getaround into seven European countries.
German auto giant Volkswagen on Tuesday announced its foray into the shared mobility space with a tie-up with self-drive car rental platform Zoomcar. Read more from Livemint!