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    1. Uber Trying To Raise More Than $1 Billion In The Midst Of A Pr Disaster And Loud Driver Dissatisfaction

      Uber Trying To Raise More Than $1 Billion In The Midst Of A Pr Disaster And Loud Driver Dissatisfaction

      Behind closed doors at the Bellagio hotel in Las Vegas on Wednesday afternoon, Uber prepared to raise one of the biggest venture capital rounds in history, reports the Wall Street Journal. CEO Travis Kalanick reviewed the ridesharing company's numerous successes around the world for investors and outlined future plans that include a carpooling service in the U.S.

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    2. Sequoia Capital Leads Second-Round Funding In India's Content Startup Verse Innovation

      Sequoia Capital Leads Second-Round Funding In India's Content Startup Verse Innovation

      Silicon Valley venture fund Sequoia Capital's Indian unit has invested 1 billion rupees ($16.4 million) in Verse Innovation, a Bangalore-based startup that offers local-language news and e-books on mobile phones. Previous investors, who also participated in the current round, include Matrix Management Corp.’s Indian unit, Matrix Partners India, which invests in early- and growth-stage consumer ...

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    3. FreeCharge Rewards-For-Recharge Startup Raises $33M From Sequoia, Sofina And ru-Net

      FreeCharge Rewards-For-Recharge Startup Raises $33M From Sequoia, Sofina And ru-Net

      FreeCharge , a unit of India’s Accelyst Solutions, which offers discount coupons as rewards for topping up mobile-phone plans and satellite-television subscriptions, has raised $33 million in its second round of venture capital funding. The money will be spent on ironing out bugs in the service and ramping up its marketing campaign.

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