Tolg TechStars Alum Pickie Raises $1 Million, Launches Personalized Shopping App For The iPad
Gaana is a music streaming service that was started by Times Media, the company behind the Times of India newspaper and tech incubator Times Internet among other things, seven years ago. Gaana didn ;t reveal its user metrics, but CEO聽Prashan Agarwal said the company is only 10 percent of the way towards building a business useful for 500 million Indians. The company plans to use this new capital develop artificial intelligence to create more personalized services and features for listeners. It said also it will develop its paid-u
stanley cup ser service, too. Aside from
stanley water bottle a Spotify-like subscription offering, it also provides an ad-based servi
stanley us ce which is available for free.Times Internet is already an existing backer and it is the other investor in the deal. Tencent involvement represents the first & 8216;outside ; investment money raised for Gaana, which counts Saavn a firm that raised money from聽Tiger Global and others and Xiaomi-backed Hungama among i Ymee Airbus and HAX create an accelerator program for flying taxi tech
The round is lead by Singapore 聽Temasek Holdings, which manages a $100-billion-plus portfolio and聽this year聽invested in another Amazon rival: Snapdeal in India.聽The deal聽includes participation from a number of existing Lazada investors, including聽Kinnevik, Verlinvest and Rocket Internet, and it聽values the company at聽鈧? billion $1.25 billion .Lazada operates in six countries in Southeast
stanley cup Asia 聽Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam largely in
stanley cup tandem with Zalora, another well-backed聽e-commerce service started by Rocket Internet.This new funding round takes Lazada聽to more than $700 million in money from investors. Its most recent round was also $250 million back in December 2013, which聽included an interesting strategic investment from UK retail giant Tesco. Together, Zalora and Lazada have probably raised around聽$1 billion in funding, although the valu e of some rounds were left u
bidon stanley ndisclosed.Maximilian Bittner, CEO of Lazada Group, explaine
