Consumer

Corporate venturing deal net: 15-19 October 2018
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Alibaba makes a $288m date with 1919
Alibaba is set to invest $288m in the alcoholic drinks retailer at a time when consumer demand for wine and spirits is rapidly growing in China.
Holatek raises $86m from successful series D projection
Smart projector and TV manufacturer Holatek has attracted $86.5m in series D funding from a consortium led by Alibaba that featured the newly unveiled 36Kr Fund.
Thread pulls out $22m from series B round
Men's styling and fashion e-commerce platform Thread has now raised $40m altogether, having secured funding from H&M Co:Lab among others.
Swiggy gets ready to swallow $900m
The food ordering platform has reportedly drawn up a term sheet for a $900m primary and secondary round led by Naspers and backed by Tencent.
Instacart bags up $600m
The grocery delivery service, which counts Amazon, American Express and Comcast as investors, has increased its valuation 75% to $7.6bn in just six months.
EHI helps fill Goldbelly with $20m
Online specialty food retailer Goldbelly has raised cash in a series B round led by Union Square Hospitality's Enlightened Hospitality Investment vehicle.
Alibaba merges Ele.me with Koubei
Alibaba will merge its online food delivery subsidiary Ele.me with its local services spinoff Koubei, following earlier reports that SoftBank was joining Alibaba to invest about $3bn of funding in the new business.

Other News

Zomato lays on $210m banquet
Ant Financial has returned to put another $210m into Zomato, after purchasing $200m worth of primary and secondary stock in the food delivery company earlier this year.
Kraft Heinz commits $100m to Evolv
Evolv Ventures will be headed by ex-Lightbank partner Bill Pescatello and will fund startups developing technology for the food industry.
DMM registers $89m fund
Internet and e-commerce company DMM.com views its new venture capital fund as complementary to its M&A investments.
Hopper steps into $100m series D round
Citi Ventures has joined several existing investors led by Omers Ventures for a round that valued travel booking platform Hopper at $750m.
Chunmi cooks up series C-plus round
The Xiaomi-backed rice cooker maker has secured a nine-figure renmini sum in a round that included NGP Capital.
Bloom & Wild blossoms with new financing
Fresh from leading the flower delivery service's last round, Burda Principal Investments has come back for a $19.5m round that will fund entry into new markets.

Editor's Picks

Swiggy gets ready to swallow $900m
The food ordering platform has reportedly drawn up a term sheet for a $900m primary and secondary round led by Naspers and backed by Tencent.
Instacart bags up $600m
The grocery delivery service, which counts Amazon, American Express and Comcast as investors, has increased its valuation 75% to $7.6bn in just six months.
Meituan Dianping makes out with $4.2bn in IPO
The Tencent-backed local services portal has priced the offering near the top of its range at a valuation of about $52bn.
Big Deal: Corporates cash in as Walmart buys $16bn stake…
Walmart invested in the e-commerce platform at a $20.8bn valuation, allowing SoftBank, Naspers and eBay to achieve billion-dollar returns.
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