The biggest tech and startup investments in 2019 - ETtech
20 Feb 2019 6:00 AM GMT
Barely two months into the new year, Indian startups have already seen some of the biggest investments.
- CarDekho parent lands $110M from Sequoia & others GirnarSoft, which owns and runs online auto classifieds portal CarDekho, raised $110 million (Rs 770 crore) from existing backers Sequoia Capital India, Google-owner Alphabet's investment unit CapitalG, China's Hillhouse Capital and new backer Axis Bank.
- Fashion startup Zilingo raises $226M from Sequoia, Temasek; nears $1B valuation Zilingo raised $226 million (about Rs 1,600 crore) in its latest round of funding , a development that values the Singapore-headquartered fashion marketplace at close to a billion dollars, three years after being launched.
- Reddit valued at $3B after raising $300M in latest funding round Social media network Reddit raised $300 million in its latest funding round, led by Tencent Holdings , giving it a market valuation of $3 billion.
- $940M SoftBank investment Autonomous technology startup Nuro raised $940 million from SoftBank Group , which valued the Silicon Valley-based company at $2.7 billion.
- Go-Jek raises $1B in a round led by Google, Tencent, others Indonesian ride-hailing firm Go-Jek raised around $1 billion in a funding round, led by Alphabet's Google, JD.com and Tencent Holdings .
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