Statup News - Sept

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1. Indonesian ride-hailing firm Go-Jek has launched its services in Vietnam's capital of Hanoi under the brand Go-Viet, as part of its $500M international expansion.


2. Adobe Systems, the maker of image-editing software Photoshop, is in negotiations to buy Marketo, a privately held cloud-based marketing software company, reported ET.

3. Google is expanding its Neighbourly app to five more Indian cities including Ahmedabad, Coimbatore, Mysore, Vizag and Kota. The app was first rolled out to Mumbai and Jaipur.

4. ShiftKarado, a tech-oriented packing and moving company, has raised an additional funding of Rs 5 Crore from Star WorldWide Group. The funding was received in various rounds, with the final tranche coming in month.

5. NetApp selects six startups in the emerging tech areas include CloudOptimo, FirstHive, InstaSafe, Praktice.ai, Uber Diagnostics, and ZScore Technologies.

6. Fintech platform Bon has raised $1.1 million (Rs 7.8 crore) in seed funding.

7. E-pharmacy startup Pharmeasy has raised Rs 40 crore of debt funding from InnoVen Capital and working capital lines.

8. Amazon now plans to add benefits to its Prime subscription services to fuel offline expansion.

9. Online home design startup Livspace has secured $70 million in a series-C round led by private equity firm TPG Growth and Goldman Sachs.

10. After expanding aggressively in China, Softbank backed budget hotel brand OYO Hotels forays into London, United Kingdom on Wednesday. 

11. Amazon.com had launched activities in Turkey, offering products across 15 categories to customers across the country.  

12. Google, which recently rebranded its payment offering from Tez to Google Pay, has 25 million monthly active users who have collectively carried out about 860 million transactions over the past year.  

13.  Flipkart has pumped Rs 3,463 crore into main e-commerce unit Flipkart Internet in the first major capital infusion after Walmart bought majority stake in the online platform, reported ET.  

14. Medtech Startup Cyclop Raises $1 Mn From Unitus Ventures, Others  

15. Digital news and media platform NewsBytes has raised $1 Mn in a Pre-Series A funding round.  

16. Shunwei Capital leads $100 Mn fresh round in vernacular social networking app ShareChat  

17. PE firm Samara Capital and Amazon have signed a deal to acquire food and grocery retail chain More for about Rs 4200 crore enterprise valuation.

18. Myntra plans to open 100 offline stores in the next two years.

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