Unicorn Nest news
Naspers co-leads $14.5M extension round in mobility startup WhereIsMyTransport
– South African-founded startup WhereIsMyTransport announced a $14.5 million Series A extension to continue its expansion across emerging markets.
– The company already has a presence in South Africa and Mexico.
– Naspers, via its investment arm, Naspers Foundry, co-led the investment with Cathay AfricInvest Innovation Fund.
– The extension round is coming a year after WhereIsMyTransport received a $7.5 million Series A investment from VC firms and strategic investment from Google, Nedbank and Toyota Tsusho Corporation (TTC).
Unicorn Nest news
Google backs one-year-old Indian startup DotPe in $27.5 million fundraise
– Google‘s latest investment in India is a startup that is helping businesses come online.
– One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A financing round.
– The round was led by PayU, with participation from existing investor Info Edge Ventures and Google.
– The young startup, now valued at about $90 million, helps brick and mortar stores sell to customers online and collect payments digitally.
– It’s a problem that scores of startups in India are solving today, but DotPe has some additional hooks. It helps merchants scan their inventories and quickly establish a log online.