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Ollie Order acquired by Next Glass, aims to bring liquor sales software to Ontario, the US (BETAKIT)
Under the Next Glass umbrella, Ollie has set its sights on bringing its omnichannel liquor sales software to new markets.
Walmart’s Indian e-commerce store Flipkart raises $3.6 billion in fresh funds (CNBC)
Flipkart now has a valuation of $37.6 billion.
Foodee acquired by global food service company Sodexo (BETAKIT)
As part of the Sodexo deal announcement, Foodee also announced it is increasing its geographic footprint over the next year to more cities in the US and Canada, including New York City, Los Angeles, Dallas, and Montréal.
Zomato raises $562 million from anchor investors ahead of IPO (TECHCRUNCH)
Zomato’s $1.3 billion IPO was fully subscribed on the first day – but not everyone is on board.
Canvaspop acquired by HIG Capital-owned Circle Graphics (BETAKIT)
Canvaspop declined to reveal the financial terms of the deal, but told BetaKit the final outcome was “very well received” by the startup’s institutional and angel investors and board of directors.
Reliance Retail acquires controlling stake in Just Dial for $469 million (TECHCRUNCH)
The Indian retail giant, which leads the market, said it has acquired a 41% stake in the publicly listed Just Dial for $469 million and will make an open offer to acquire an additional 26% stake later.
Shopify launches new, centralized chat product for merchants (BETAKIT)
A Shopify spokesperson told BetaKit, given the shift in commerce to an online-first model during COVID-19, merchants have begun using chat “as a primary driver of sales.”
With contractors in high demand, a lot of funding is going to home services startups (CRUNCHBASE)
For a lot of property owners, the homes we own are our most valuable assets. They’re also a major pain and constant cash drain.
WeCommerce closes $33.7 million bought deal financing to acquire more Shopify ecosystem companies (BETAKIT)
The holding company, which went public on TSX Venture Exchange (TSXV) in December through reverse takeover, focuses mainly on SaaS, digital goods and services businesses that build apps, themes, and run agencies that support Shopify merchants.
Unybrands brings in $300M to acquire more e-commerce businesses (TECHCRUNCH)
Unybrands is the latest e-commerce aggregator to pick up a significant investment, this time closing $300 million in growth capital from Crayhill Capital Management.