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Frank And Oak files for protection from creditors under Bankruptcy and Insolvency Act (BETAKIT)
Frank And Oak, the e-commerce retail company turned brick-and-mortar, has filed for protection under Canada’s Bankruptcy and Insolvency Act.
As Uber hunts for a deal, can Postmates leverage an IPO? (TECHCRUNCH)
According to reporting, the company is reviving its IPO plans, possibly selling to Uber, or perhaps looking to go public with the help of a special purpose acquisition vehicle, also known as a SPAC.
Zetwerk raises $21 million funding led by Greenoaks Capital (LIVEMINT)
The firm is looking to use the funds for international expansion, launching new categories and strengthening its product stack.
Calgary FinTech startup Helcim develops own payment infrastructure, following in footsteps of Stripe, Square (BETAKIT)
Calgary-based FinTech startup Helcim has relaunched with a new offering that aims to allow businesses to easily accept payments.
Retail-tech startup Gobbly raises seed funding from Sauce.vc (VC CIRCLE)
The Gurugram-based company has raised this capital from early-stage consumer-focused venture firm Sauce.vc, it said in a statement.
Nacelle raises $4.8M for its headless e-commerce platform (TECHCRUNCH)
The startup bills itself as a JAMstack for e-commerce, offering a developer platform that delivers greater performance and scalability to online storefronts.
Copenhagen-based Beyond Leather Materials raises €1.1 million to make sustainable leather from apple pulp (EU STARTUPS)
Beyond Leather Materials is planning to enter the €70 billion leather supplier market this year and will start to provide its material to the fashion industry.
Federal government extends commercial rent relief program through July (BETAKIT)
The federal government has extended the Canada Emergency Commercial Rent Assistance (CECRA) program by one month.
In brief: Cocoon Capital invests in Qashier; Indian telco Jio raises US$253M from Intel (E27)
Qashier, a Singapore based startup providing smart point-of-sale solutions for merchants, has raised US$860,000 in funding.
Google brings free product listings to its main Google Search results (TECHCRUNCH)
Shopping ads aren’t going away, however. These ads will appear separately at the top of the page, where they’re marked like Google’s other ad units.