Interview: The CEO of Burgundy wine producer Domaine Chanzy CEO on first ever IPO via equity crowdfunding
Philippe der Megreditchian, the chief executive of Burgundy wine maker Domaine Chanzy, explains the rationale behind the upcoming AIM flotation, which is the first via crowdfunding. He says the funds will be used for marketing and to buy more land (which he points out...
Japan’s Recruit Buys European Restaurant Booking Service Quandoo For $219M
TechCrunch Restaurant reservation service Quandoo, a major European rival to OpenTable, is being acquired by Japan’s Recruit in a deal worth 27.11 billion yen, that’s around $219 million. Berlin-based Quandoo, which was founded in 2012, took a strategic investment...
Uber Is Buying Map Tech Startup deCarta In An Undisclosed Deal
Uber is on course to make its first public acquisition with San Jose-based mapping tech startup deCarta in its headlights. DeCarta provides a range of location and map services, including in-map search, location APIs, turn-by-turn navigation and more. A deal to buy...
TrulyMadly Is A Tinder-Style Dating App That’s Built For India
TechCrunch “Facebook is India’s Facebook and Twitter is India’s Twitter, but Tinder won’t be India’s Tinder.” That’s according to Sachin Bhatia, co-founder of TrulyMadly, an app that is aiming to take the mobile dating phenomenon fueled by the likes of Tinder and...
Grofers, An On-Demand Delivery Service For Indian Cities, Raises $10M From Sequoia And Tiger Global
TechCrunch Large marketplaces like Flipkart, Snapdeal, and Amazon are benefitting as India turns into one of the world’s fastest-growing e-commerce markets, but many brick-and-mortar stores are missing out on the boom. A startup called Grofers wants to help local...
TinyOwl Lands $16M To Expand Its Food Delivery Service To 50 Cities In India
India-based food ordering service TinyOwl has raised a $16 million Series B round to fund an aggressive plan to reach 50 cities in the country, TechCrunch has learned. TinyOwl co-founder and CEO Harshvardhan Mandad disclosed details in an email to staff earlier this...
Sparta, The Gamified Sales Platform, Gets Backing From Spotify Managers And Other Swedish Angels
TechCrunch Sparta, the Stockholm-based startup that provides an online platform to help sales managers more easily run sales competitions, has picked up a very modest €100,000 round of funding. However, its new backers are perhaps more noteworthy. They include...
Peer-To-Peer Rental Service NoBroker Grabs $3M To Battle India’s Property Brokers
NoBroker, a peer-to-peer property listings startup that wants to rid brokers from the rental process in India, has closed a $3 million Series A round to expand its service to more cities beyond Bombay and Bangalore. SAIF Partners and Fulcrum Ventures participated in...
Wooplr Lands $5 Million For Its Fashion Discovery Service In India
TechCrunch Wooplr, a startup that is aiming to ignite social commerce in India, has closed a $5 million Series A funding round from Helion Ventures to expand its team and grow across the country. Bangalore-based Wooplr started out as a social network for sharing...
India’s Stayzilla Raises $20M For Its Hybrid Hotel/Airbnb-Like Booking Service
Stayzilla, an India-based service that combines regular hotel bookings with short-term, Airbnb-style rentals, has announced a $20 million Series B round to grow its business. The round, details of which leaked last week, was led by Nexus Venture Partners and existing...
Samsung Acquires LoopPay, Maker Of An Apple Pay Competitor
Samsung has acquired LoopPay, the companies announced today. The acquisition confirms earlier rumors that suggested the two were working closely together on an upcoming project, and suggests Samsung could make use of LoopPay’s technology to offer is own Apple...
Highly Profitable Turkish Business Software Company seeking Investors
Established in 2010, the Company has been serving large enterprises with services such as receivable management, telcom, banking, financial, law enterprises that require collection platforms for NLPs (non-performing loans). The Company has developed a special...