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TouchBistro hires new CFO, keeps eye on IPO despite pandemic market uncertainty (BETAKIT)
Toronto-based restaurant point of sale software startup TouchBistro has appointed John Doolittle as its chief financial officer.
NS8 raises $123M led by Lightspeed for its suite of online fraud prevention tools (TECHCRUNCH)
NS8, a Las Vegas-based startup that provides tools to prevent fraud within e-commerce marketplaces, online merchants, payments gateways and ticketing services, has raised $123 million in venture funding.
Ula raises $10.5 million from Sequoia, Lightspeed India (LIVEMINT)
Small-retailers focused marketplace app Ula has raised seed funding of $10.5 million led by Sequoia India and Lightspeed India.
Klarna launches loyalty programme (FINEXTRA)
The no-fee program will be rolled out to the US market in June before being extended to Klarna’s other key markets of Germany, Australia, Sweden and the UK within the next year.
Alibaba taps international influencers to sell more globally (TECHCRUNCH)
During the coronavirus lockdown, millions of consumers relied on live videos to check out products and posed questions to merchants remotely, a practice that has won endorsement from local governments as a way to drum up domestic consumption.
Fashion e-commerce startup BlackCart raises $2.8 million CAD to fast-track platform launch (BETAKIT)
BlackCart, a Toronto-based fashion and e-commerce startup, is coming out of beta with $2.8 million CAD in new seed funding.
Walmart-owned Flipkart introduces multilingual voice assistant for grocery shopping (THE NEXT WEB)
Walmart-owned ecommerce giant Flipkart has introduced a voice assistant for grocery shopping in India.
Curve begins quietly testing Curve Credit, its planned Klarna competitor (TECHCRUNCH)
Curve, the “over-the-top” banking platform that lets you consolidate all your bank cards into a single Curve card and app, is quietly testing its planned “Klarna rival.”
Bengaluru-based startup WarmOven raises undisclosed investment from Jyoti Bansal (YOURSTORY)
WarmOven is a startup which makes bakery products and desserts in Bengaluru and plans to go national with this funding.
IRAP says 97 percent of $250 million Innovation Assistance Program already committed (BETAKIT)
Ninety-seven percent of the $250 million Industrial Research Assistance Program COVID-19 Innovation Assistance Program has been committed to Canadian companies.