Monday, July 19, 2021

India-based GlobalBees, which acquires small e-commerce brands and scales them, raises $150M Series A led by FirstCry, including $75M in equity and $75M in debt (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
India-based GlobalBees, which acquires small e-commerce brands and scales them, raises $150M Series A led by FirstCry, including $75M in equity and $75M in debt  —  The universe of Indian firms attempting to replicate Thrasio's success in the world's second largest internet market just got bigger.



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As weather betting grows on prediction markets, climate experts are debating whether it improves forecasts by aggregating knowledge or is simply a zero-sum game (Bloomberg)

Bloomberg : As weather betting grows on prediction markets, climate experts are debating whether it improves forecasts by aggregating kno...