Meituan-Dianping, China’s Largest Group Deals Site, Closes Massive $3.3B Round At $18B Valuation

 Meituan-Dianping, China’s largest group deals site, confirmed that it has closed a colossal $ 3.3 billion round at a valuation of $ 18 billion. The company claims that this is the largest single funding round ever raised by a venture-backed… Continue Reading

Paytm, India’s Largest Mobile Payments Platform, Acquires Local Services Startup Near.in for $2M

 Paytm, which claims to be India’s leading mobile payment platform, has acquired local services startup Near.in for $ 2 million to strengthen its online-to-offline commerce strategy. Founded in December 2014, Near.in’s website and app connects users in four cities (Delhi,… Continue Reading

Work Applications, One Of Japan’s Largest Enterprise Software Makers, Launches In The U.S.

 Work Applications is one of Japan’s largest enterprise software companies, but it’s still unknown in the United States. The Tokyo-based company is hoping to change that with the launch of AI Works, a cloud-based enterprise resource planning platform that uses… Continue Reading

Portea Medical, One Of India’s Largest Home Care Providers, Gets $37.5M From Accel

 Portea Medical, a startup that provides in-home healthcare in India, has raised a $ 37.5 million Series B led by returning investor Accel. The round’s other participants include International Finance Corporation (IFC), a member of the World Bank Group, Qualcomm… Continue Reading