Funding

Avaya Acquires Spoken Communications

Avaya Holdings Corp. has announced it has signed a definitive agreement to acquire Spoken Communications (“Spoken”).

Uber Offloads its Leasing Business to Fair.com

Uber has announced today that it is selling its car-leasing subsidiary to Santa Monica-based tech startup Fair.com.

Singapore’s SpherePay Closes $10 Million Funding Round

SpherePay, Singapore’s homegrown mobile payment app, announced today that it has completed its fundraising exercise which saw the company raising over $10 million.

Thomson Reuters Conducting Acquisition Talks with Blackstone

Thomson Reuters is in advanced talks with US private equity outfit Blackstone over the acquisition of a majority stake in its financial and risk business.

Car Rental Startup eZhire Raises Seed Funding From Jabbar Internet Group

Dubai-based car rental startup eZhire has raised investment in a seed round led by Jabbar Internet Group.

RentSher Raises Seed Funding

Dubai-based RentSher Middle East has announced that it has successfully raised seed funding. Abu Dhabi-based Shorooq Investments managed and closed the round, while Dubai-based fund Latitude Consultan...

Nestrom Raises Funding From Propeller Inc., 500 Startups, Wamda Capital, Agrimatico and Angel Investors

Nestrom, an agricultural technology startup based out of Amman, Jordan, has announced that it has raised seed funding from a bunch of companies

Autonomous Driving Startup Pony.ai Raises $112M

Pony.ai, a company that builds autonomous driving solutions, has closed a funding round of $112M. The Series A round was co-led by Morningside Venture Capital and Legend Capital. Seed round lead-inves...

Boxed Talking to Kroger to Get Acquired for $500 Million

New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million.