Category: eCommerce
Google backs one-year-old Indian startup DotPe in $27.5 million fundraise
Google’s latest investment in India is a startup that is helping businesses come online. One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A financing round. The round was led by PayU, with participation from existing investor Info Edge Ventures and Google. The…
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Indian beauty e-commerce Purplle raises $45 million
Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as it looks to expand its presence in the world’s second largest internet market. The new round, a Series D, was financed by Sequoia Capital India and existing…
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Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D
The COVID-19 pandemic has led to people everywhere shopping more online and Latin America is no exception. São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. With more people in Latin America getting used to making purchases…
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Extra Crunch roundup: AI eats fintech, fundraising visas, no-code transition tips, more
Most American retail banks are designed the same way: Customers must pass several desks set aside for loan and mortgage officers before they can talk to a customer representative. I only step inside a bank a few times each year, but even pre-pandemic, I can’t remember the last time I…
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Cymbio raises $7M to help brands expand to more e-commerce markets
Cymbio, a Tel Aviv-based startup focused on what it calls “brand-to-retailer connectivity,” announced today that it has raised $7 million in Series A funding. CEO Roy Avidor, who founded the company with Mor Lavi and Gilad Zirkel, told me that the platform is designed to help brands sell their products…
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Google Play drops commissions to 15% from 30%, following Apple’s move last year
Google will lower its Play commissions globally for developers that sell in-app digital goods and services on its marquee store, the company said, following a similar move by rival Apple late last year. The Android-maker said on Tuesday that starting July 1, it is reducing the service fee for Google…
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