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PayU Acquires Wibmo To Grow India Business

PYMNTS

To help grow its business in India, Naspers-owned PayU has acquired U.S.-based The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports. He added that “PayU is very bullish on India as a market.”. The firm has also invested in FinTech startups.

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AI Startup Mad Street Den Closes Series A Round Of Funding

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Artificial intelligence may still seem futuristic to many, but a startup trying to bring artificial intelligence into our daily lives has piqued the interest of investors, reportedly raising $5 million in a Series A round of venture funding. It comes nearly a year-and-a-half after the startup, Mad Street Den , closed a $1.5

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Bitcoin For Night Owls

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Amazon is set to become the eCommerce leader in India, and bitcoin companies are keen to tag along for the ride. A partnership that might influence bitcoin’s adoption is between Purse, a bitcoin eCommerce startup, and Unocoin, an Indian bitcoin exchange. Purse And Unocoin Want A Piece Of Amazon’s Indian Pie.

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Big Plays Push Investments & RedKix Grabs $17 Million In Seed Funds

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When even the biggest name startups in the segment like Snapchat started reporting down rounds, the conventional wisdom started to shift to the idea that chat innovation had hit its peak and was now in decline. billion price tag represents a hefty profit for Apax, which bought Epicor for $1 billion.
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Transcript: Albert Wenger

Barry Ritholtz

And Joshua added tags to that, and so you could browse things by tags. WENGER: Yeah, that had really been my goal since my own first startup in ’96, ‘97, which was a company called W3Health that ultimately failed. So we can’t make massive investments in startups. Why is that? WENGER: Yes, absolutely. WENGER: Yeah.

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Transcript: Benjamin Clymer & Jeffery Fowler, Hodinkee

Barry Ritholtz

And then within LVMH, I moved to Tag Heuer, which is a pure watch business — RITHOLTZ: Right. It was really kind of in the Tag Heuer timeline for me, career-wise, that I became aware of Ben and of Hodinkee. I still think it is a startup, but it’s a startup where there’s a trail that’s been blazed.

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