Monday, February 17, 2020

Swedish investor lowers Quikr valuation by 45%

The fall in valuation comes as the Bengaluru-based online classifieds and transactions marketplace discovered fraud in its co-living and auto segment, where employees along with vendors faked transactions. https://ift.tt/321bUiT https://ift.tt/eA8V8J

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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...