By Heather Somerville
The round was led by Sequoia Capital and joined by investors Accel, B Capital, CRV, Sound Ventures, Greycroft and e.ventures.
Trendyol, one of Turkey’s best known online fashion retailers, has drawn backing from foreign investors and holds a leading position in Turkey’s fragmented e-commerce market.
The deal will put it in head-to-head competition against existing drug retailers CVS Health and Walgreens Boots Alliance.
Oyo is looking to expand in the UK and some European countries within next 12-18 months.
The new funding round was led by existing backer Fidelity Management, which becomes the largest investor in Lyft.
Swiggy got a lot of things right, but the driving force behind its success is in its excellent logistics operations.
Billion is now part of a portfolio of eight private label brands, which are being overseen by Flipkart executive Adarsh Menon.
The 15-month reprieve is far less than the five-year private hire permit the company had previously or the 18-month approval it originally sought at the hearing.
Rival Grab recently secured $1 billion in funding from Toyota, the lead investor in its ongoing funding round.
Go-Jek’s affiliate in Vietnam will go by the name of Go-Viet, while its Thai counterpart will be named GET.