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As India’s internet access continues to surge among the billion-plus population, data is becoming the new oil. Whether online commerce, ride-hailing, mobile payments and banking, or more, someone needs to verify that people are who, and what, they say they are. That’s an opportunity where HelloVerify, a verification and background screening startup that recently graduated Y Combinator
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TechCrunch Startup Battlefield is headed to VivaTech in Paris on May 24th to find and feature the best early-stage startup across Europe! In partnership with VivaTech, Startup Battlefield Europe will feature startups from across continental Europe working on the cutting-edge technologies blooming this Spring. VivaTech is the perfect spot to host our Startup Battlefield Europe
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There’s been another bomb at the box office, and it isn’t a movie. MoviePass parent Helios & Matheson lost nearly half of its remaining value today as investors continued to flee the cash-burning movie service. That drop followed a 31 percent dive yesterday, after the company filed a statement with the SEC warning that it
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Walmart has opened up on the thinking behind its $15 billion majority investment in Flipkart, and perhaps the most interesting facet is that the retailer plans to export ideas from the Indian e-commerce firm to the rest of its global business, including the U.S.. Walmart’s decision to follow Amazon into India is a testament to huge potential growth
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The rumors are true: Walmart has bought a controlling stake in India’s Flipkart. This isn’t a straight-up acquisition, however, because, rather than going it alone, the U.S. retailer is enlisting strategic allies as it takes its fight to Amazon in a new region. Walmart has an existing offline retail business in India, but enter the online space
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Naspers, the South African tech and media conglomerate, continues to have an incredibly hot hand when it comes to global tech investment. Famous for owning a huge chunk of the Chinese Internet powerhouse, Tencent and a big chunk of Mail.ru, Naspers just made $2.2 billion off of the sale of Flipkart to Walmart.  The South African company had
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Walmart, the world’s largest retailer, has finally confirmed that it is making a $16 billion investment into Flipkart for a 77 percent share of the online retailer. Tencent, Tiger Global, Microsoft, Accel and Flipkart co-founder Binny Bansal will continue to be investors in the company with this deal. The investment will value Flipkart — India’s biggest
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U.S. job hunting service Glassdoor, which is best known for providing insight into company working cultures, has been acquired for $1.2 billion in cash by Recruit, a $39 billion Japanese corporate that specializes in HR and recruitment services. The all-cash acquisition will see Glassdoor continue to maintain its brand, CEO Robert Hohman explained in a blog
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