Tag: eCommerce

Capture investment opportunities created by megatrends

Bzaar bags $4M to enable US retailers to source home, lifestyle products from India

Small businesses in the U.S. now have a new way to source home and lifestyle goods from new manufacturers. Bzaar, a business-to-business cross-border marketplace, is connecting retailers with over 50 export-ready manufacturers in India. The U.S.-based company announced Monday that it raised $4 million in seed funding, led by Canaan Partners, and including angel investors…
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20 September 2021 0

Amazon bets on Hindi voice shopping to reach wider India

Speaking of Amazon — which is reportedly conducting an investigation to find whether its lawyers bribed government officials in India — the company announced today it plans to roll out the voice shopping experience feature in the Hindi language in the South Asian market ahead of the Diwali festival in early November. The e-commerce giant,…
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20 September 2021 0

Logistics startup Stord raises $90M in Kleiner Perkins-led round, becomes a unicorn and acquires a company

When Kleiner Perkins led Stord’s $12.4 million Series A in 2019, its founders were in their early 20s and so passionate about their startup that they each dropped out of their respective schools to focus on growing the business. Fast-forward two years and Stord — an Atlanta-based company that has developed a cloud supply chain —…
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14 September 2021 0

With sales momentum, Bookshop.org looks to future in its fight with Amazon

If Gutenberg were alive today, he’d be a very busy angel investor. With book sales booming during the COVID-19 lockdowns last year, the humble written word has suddenly drawn the limelight from VCs and founders. We’ve seen a whole cavalcade of new products and fundings, including algorithmic recommendation engine BingeBooks, book club startups like Literati…
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12 September 2021 0

Nigerian one-click checkout platform OurPass raises $1M pre-seed, wants to build ‘Fast for Africa’

We like to buy things online ranging from e-commerce stores to subscription-based sites. However, no one enjoys the hassle when you have to always re-log into different sites and stores. I mean, shopping can be a whole lot more fun if a fast logging and checkout system existed across all your favorite online stores. In…
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10 September 2021 0

Cajoo raises $40 million for its instant grocery delivery service

French startup Cajoo is raising some money in order to compete more aggressively in the new and highly competitive category of food delivery companies. Interestingly, the lead investor in today’s funding round is Carrefour, the supermarket giant. Headline (formerly e.ventures) is also participating in the round as well as existing investors Frst and XAnge. Carrefour’s…
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2 September 2021 0

Olsam raises $165M to buy up and scale consumer and B2B Amazon Marketplace sellers

On the heels of Heroes announcing a $200 million raise earlier today, to double down on buying and scaling third-party Amazon Marketplace sellers, another startup out of London aiming to do the same is announcing some significant funding of its own. Olsam, a roll-up play that is buying up both consumer and B2B merchants selling…
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31 August 2021 0

My big jump: Sukhinder Singh Cassidy’s CEO journey

Sukhinder Singh Cassidy Contributor Sukhinder Singh Cassidy founded theBoardlist, a premium talent marketplace that helps diverse leaders get discovered for board and executive opportunities. A technology executive and entrepreneur, board member and investor, she has 25 years of experience founding and helping to scale companies, including Google, Amazon and Yodlee. More posts by this contributor…
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15 August 2021 0

Singapore’s logistics tech startup Parcel Perform raises $20 million

Singapore-headquartered Parcel Perform, which connects merchants with e-commerce carriers and provides shipment tracking features, said on Wednesday it has raised $20 million in a new financing round as it scales its business in several parts of the world. Cambridge Capital led the logistics tech startup’s Series A financing round, while SoftBank Ventures Asia and existing…
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11 August 2021 0

Suma Brands raises $150M to acquire more third-party brands for its Amazon roll-up play

Amazon has become a lynchpin in the e-commerce machine over the years in part because it’s a site we consumers can visit to buy just about anything we want — sold either by Amazon or its 5 million+ third-party merchants — and easily get it delivered to our homes. But the system is not completely…
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4 August 2021 0