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Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation

TechCrunch

Trendyol , an e-commerce platform based in Turkey, has raised $1.5 General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. . billion in a massive funding round that values the company at $16.5

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UK challenger bank Starling raises $376M, now valued at $1.9B

TechCrunch

Challenger bank Starling is out raising a new £200M funding round. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. Starling said it plans to use the funding to expand its lending operations in the U.K.,

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Indian edtech giant Byju’s raises $250 million in fresh funding

TechCrunch

Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs. It did not identify other backers.

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Invygo raises $10M to make long-term car subscription a breeze

TechCrunch

Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. The Middle East-based startup, founded by Eslam Ahmed Hussein and Pulkit Ganjoo in 2019, has raised $14.3 There is Ekar, which last raised $17.5

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Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

Other investors include the Canadian Pension Plan Investment Board, Fidelity, Wellington Management, and the Qatar Investment Authority, according to Crunchbase. The company had 19,385 agents on its platform as of Dec. The story was updated post-publication to more accurately reflect the number of agents Compass has on its platform.

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Impact raises $150M at a $1.5B valuation as affiliate and other marketing partnerships come into their own

TechCrunch

Qatar Investment Authority (QIA) is leading this round, with Providence Public also participating. .” “We started as a platform that was mostly used in a private marketplace setting,” said David A. billion valuation. Yovanno, Impact’s CEO, in an interview.

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Nigeria’s Helium Health acquires Qatar’s Meddy in rare Africa-GCC deal

TechCrunch

Nigeria-based health tech startup Helium Health has acquired Meddy , a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. However , most platforms in the GCC have use cases that are more vertical than horizontal. Helium Health.

Africa 99