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Posts Tagged ‘ Kinnevik ’

Jabong parent ups fundraising round by $33 mn

Friday, July 22, 2016 | More »

Global Fashion Group (GFG), the parent of loss-making Indian fashion portal Jabong, has added €30 million ($33 million or Rs 222 crore) to its latest fundraise to take the total amount secured from its existing investors to €330 million ($364 million). Germany’s Rocket Internet SE invested €...


Jabong revenue grows in Q1 as losses shrink

Rocket Internet-incubated fashion e-commerce venture Jabong that hit a speed bump in the second half of 2015 has begun the new year with a marked improvement in performance while simultaneously cutting down operating loss. The firm posted its best transaction volumes, net revenue and gross merchandi...

31 May, 2016 | More »


Launching five businesses, will enable direct transactions & facilitate logistics too: Pranay Chulet, CEO, Quikr

Online classifieds venture Quikr has just closed a fresh funding round raising $150 million from existing investors Tiger Global and Sweden’s Kinnevik besides a new investor Steadview Capital Management. It is now planning to launch micro-sites for five sectors in which its users already post ads...

10 April, 2015 | More »


Rocket Internet-incubated South-east Asian e-tailer Lazada raises $100M

South-east Asia-focused horizontal e-tailer Lazada has raised $100 million in funding led by Verlinvest, a Belgian family-owned and consumer-focused investment holding company. Existing investors Holtzbrinck Ventures, Kinnevik, Summit Partners and Tengelmann Group also participated in the round. Fou...

20 June, 2013 | More »