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Here’s a list of today’s biggest funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
SoftBank: $837M investment is start of big plans for India’s startup economy
SoftBank’s venture arm, SoftBank Internet and Media, Inc. (SIMI), made its biggest investment of $627 million in SnapDeal, India’s largest online marketplace. The backing will make SoftBank the largest investor in SnapDeal, which now claims to have 25 million registered users and more than 50,000 business sellers.
SoftBank also invested $210 million in Ola Cabs, a car-sharing service that has 33,000 vehicles registered to use its service across 19 cities in India.
Stealth communications startup Keyssa raises $10.8M
Keyssa, a five-year-old stealth startup which holds a patent for “contactless secure communication” tech, today announced a $10.8 million raise in a public company filing.
Segmint raises $9M to help companies find customers’ ‘Lifestyle Indicators’
Akron, Ohio-based Segmint has just nabbed $9 million to peg the lifestyles of more customers.
The new funding — from a financial technologies company that declined to be named — will be used to extend the business beyond its current focus on banks, president/CEO and co-founder Rob Heiser told VentureBeat. Segmint is offered as a white-label platform through resellers to their customers, all of which are banks.
This list will be updated with breaking funding news all day. Check back for more.
Funding Daily: Today’s tech funding stories, in one place
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