Startup

Canva Raises $15 Million in Funds, Leaving Last Round Funds Untouched

While raising capital can be a challenge for some, Canva, the Australian based graphic design startup seems to have elevated fund raising to an art form with its latest round of funding at $15 Million (U.S.). Canva’s latest influx originates from Blackbird Ventures and Felicis Ventures and brings the company’s value to an unprecedented $345 […]

PayU (Naspers) Announces Purchase of Citrus Pay

PayU, Naspers’ payment service provider, whose headquarters is in the Netherlands, announces the acquisition of Citrus Pay, the Indian payment gateway. Closing at $130 million (U.S.), it is one of the largest Merger and Acquisitions in the Indian internet arena and certainly in Indian financial tech history. To date, the largest M&A in India’s financial […]

Sourcery Will Make The Magic Happen With 5 Million For Restaurant-Vendor Interfacing

The awesomely named (and likely Pratchett-inspired) start-up Sourcery Technologies Inc. is looking to change the way restaurants handle their relationship with vendors, and vice versa, by creating a portal interface solution for both sides. They have just secured $5 million in venture funding from their original backers Marker LLC, together with Steadfast Venture Capital, Palantir […]
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