Yummy raises $4M, aims to be ‘super app of Venezuela’

Yummy raises $4M, aims to be ‘super app of Venezuela’

Yummy, a Venezuela-based delivery app on a mission to create the super app for the country, announced Friday it raised $4 million in funding to expand its dark store delivery operations across Latin America. Funding backers included Y Combinator, Tinder co-founder...
India’s Delhivery bags $100 million from FedEx

India’s Delhivery bags $100 million from FedEx

FedEx Express, a subsidiary of delivery services giant FedEx, is investing $100 million in Indian startup Delhivery as the global firm looks to expand its presence in the South Asian country. Friday’s investment comes less than two months after the...
Paytm files for $2.2 billion IPO

Paytm files for $2.2 billion IPO

Paytm, one of India’s most valuable startups, plans to raise up to $2.2 billion in an initial public offering, it said in draft papers submitted to the country’s market regulator on Friday. The Noida-headquartered firm — backed by Alibaba, Berkshire Hathaway, and...