By Ishita Russell
The latest funding will help Zomato compete more aggressively with rivals in food delivery like Naspers-backed Swiggy.
The round, joined by existing backers Abraaj Group and Bessemer Venture Partners, values Bigbasket at $950 million.
Uber is in talks with payments firms across Asia for partnerships similar to its tie-up with Vietnam’s mobile wallet MoMo.
The round was led by Sutter Hill Ventures and joined by existing backers Greylock Partners, Adams Street Partners and the venture capital arms of Swisscom.
Fair, based in Southern California, said it was buying the lease portfolio through equity and debt secured during its recent funding round.
The emergence of these peer-to-peer (P2P) lending platforms has so far been welcomed by Indonesia’s financial regulators.
Ola, founded in 2011, has been locked in a fierce battle with Uber for a bigger piece of India’s $12 billion taxi market.
Gamepind will offer a host of popular social, casual and sports games with an exclusive rewards programme.
Indonesia has been the battleground for ride-hailing companies because of the country’s population potential.
Cash-strapped Snapdeal has been looking to sell its non-core businesses to streamline its operations.