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Acquisition

Google acquires video-based social commerce platform simsim

Google’s video streaming and sharing platform YouTube has signed a definitive agreement to acquire video-based social commerce startup simsim, according to ETTelecom report. Financial details of the deal were not disclosed. The deal builds towards Google’s ongoing investments in India, such as the India Digitization Fund worth $10 billion. “Online video will continue to grow as the primary way to find […]

Categories
Investment

Seven-month old social commerce startup Simsim secures $16M in three funding rounds

Gurugram-based Simsim, a social commerce startup recently announced that it has raised $16 million in seven months of its existence. The funding rounds happened in quick succession over the past few months and were led by Accel Partners, Shunwei Capital, and Good Capital.  Founded in July last year by Amit Bagaria, Kunal Suri, and Saurabh […]