Former Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal have raised $26 million in seed money for their omnichannel fashion startup Lyskraft, making it one of the largest early-stage rounds for an Indian startup amid the ongoing funding crunch.The round was led by Peak XV Partners, formerly Sequoia Capital India, Gupta told ET, adding that the seed money will help the partnership take forward the plan of building an omnichannel play as a marketplace for premium brands,...
The Raleigh Area Land Trust raise $8.3 million for a new cottage court affordable housing development in the Idlewild neighborhood.
Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds (about $8.7 million) by British Patient Capital alongside other co-investors, including Lombard Odier Investment Managers and existing investor Northzone, British Patient Capital said in a Wednesday […]
Ibotta, a digital marketing platform that allows consumer packaged goods companies to offer promotions to customers through a network of publishers, said its
Online legal platform Lawhive has secured 9.5 million pounds ($11.8 million) in funding from GV (Google Ventures) and Episode 1 Ventures. The company will use the new funding to further its mission of providing an artificial intelligence (AI)-powered platform designed to help lawyers save time and earn more, Lawhive said in a Monday (April 15) […]
Key takeaways Bitbot is currently in its 12th presale stage and has raised nearly $2.9 million. The presale price will increase to $0.018 in the next stage. The cryptocurrency market has been volatile since last week’s halving, with prices of Bitcoin and other major altcoins fluctuating. However, that hasn’t stopped Bitbot’s progress as its presale […]
Ek's move on the New York Stock Exchange comes amid criticism for Spotify for reducing the royalty rate via which it pays songwriters in the US Source
In a sad resolution to a tragic case, the city of Cleveland has agreed to pay $4.8 million to the family of a bystander teenager who lost his life during a high-speed police chase. The settlement, reached after years of legal battles, is a stark reminder of the profound consequences of reckless pursuits and the […] The post Cleveland’s Costly Consequence: $4.8 Million Payout to Family of Bystander Teen Killed in High-Speed Police Chase first appeared on The Source.
The U.S. now boasts a record 550 “million-dollar” cities, where the typical home is worth $1 million or more, according to a new analysis by Zillow.
No tickets were sold matching all six numbers in Tuesday evening’s drawing of the multi-state Mega Millions lottery, pushing the estimated jackpot for Friday’s drawing to $228 million. The numbers drawn were 11, 17, 33, 39 and 43 and the Mega number was 14. Tuesday’s jackpot was $202 million. One ticket matching five numbers, but […]
Happy Thursday! Singapore investor Temasek and US-based fund Fidelity are preparing for a $200-million funding round in Lenskart. This and more in today's ETtech Morning Dispatch.Also in the letter:■ Flipkart’s FireDrops seeks use cases■ Zilingo's Ankiti Bose files FIR against cofounder ■ Database company MongoDB ups India play Temasek, Fidelity may invest $200 million in Lenskart via secondary deal109577363Singapore’s state-owned Temasek and US investment fund Fidelity are in talks to invest in...
Through April, Rocky’s Ace Hardware will be holding their “Round Up for Kids” fundraiser, which 100 percent of funds raised will go to Baystate Children’s Hospital