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B2C Food Platform GrubMarket Nets $60M, Eyes IPO

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GrubMarket works in a B2C role in which it ships goods to individuals, and also a B2B role by supplying grocery stores, meal kit startups and other companies, TechCrunch reported. The company's valuation is double what it was from the last round at between $400 million and $500 million.

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Udaan Raises $225M For B2B eCommerce

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According to The Economic Times , Udaan hit the $1 billion valuation mark after 26 months. Reports said a $225 million fund raise would increase its valuation fivefold. While India is no stranger to unicorns , it is the speed with which Udaan has reportedly hit a $1 billion valuation that is surprising the industry.

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Bain’s Matt Harris On Skating To Where The B2B Innovation Puck’s Headed

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The skewed flow of funds to the business-to-consumer (B2C) space comes amid a backdrop where valuations for domestic FinTech unicorns have been inflated. VCs have been pushing money toward a number of peer-to-peer (P2P) companies with questionable economics. The General Landscape. Kids On The Soccer Field.

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Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

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With a focus on enabling corporations to manage payroll in a remote work environment, India-based Skuad has reportedly secured a $4 million seed investment round , according to the Economic Times of India. The company's valuation spiked 60 percent as a result of the investment, according to ITMunch reports.

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This Week In Payments: Snowflake’s Supersized IPO, Alternative Credit’s Popularity Explodes And Instant Payments’ Steady Expansion

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This week saw cloud-storage software maker Snowflake’s initial public offering (IPO) pop an unprecedented 111 percent , Swedish-based alt-credit provider Klarna’s valuation hit $10 billion and instant disbursements make their next great leap forward as Square rolled out instant payroll services. Alternative Finance’s Growth Spurt .

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Transcript: Joanne Bradford

Barry Ritholtz

You know, we look at these economic busts or these market crashes, and it’s obvious in hindsight what spectacular opportunities there they were. I went in there and the valuation was below a billion dollars. And at two years the valuation was $13 billion. And I think eventually they’ll be a B2C company.

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This Week In Payments: NuoDB CEO Talks Apple’s $2T Valuation, The Great Digital Shift And Lessons Companies Can Learn

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But the payments and eCommerce industries saw plenty of news as well, from Apple reaching a $2 trillion valuation to the U.S. But while that’s still very much part of the company’s business, he said that Apple’s $2 trillion valuation is also about how much wider the company has set its sights in recent years.