Within the last 12 months the global tech startup ecosystem has seen more companies than ever before rise to the status of unicorn. Just this week hipster glasses ecommerce play Warby Parker joined the club with its new billion dollar valuation. In fact, it’s starting to become an occurrance that happens every other month with New York based marketing startup Sprinklr reaching a $1.17 billion valuation in March.
You know the drill – it’s Friday, which means mergers and acquisitions time. Here’s this week’s round up:
Daniel Faloppa and Gianluca Valentini, based out of The Netherlands, realised that, with the help of technology, company valuations could be done a better way. With Equidam, founders can see their entire financial report boiled-down to one index: business valuation.
Cloud accounting software provider Saasu has today announced a partnership with Westpac.
While it would be fair to expect that students learn everything they need to from their classroom teachers, the reality is that tutoring has become a part of the daily ritual for many – and it doesn’t stop at high school.
Telstra-backed startup accelerator muru-D has launched in Singapore today. The accelerator hopes to attract the region’s best digital talent, foster local technology innovation and grow the entrepreneurial ecosystem across Southeast Asia.
500 Startups has announced the 28 startups chosen to take part in the 13th intake of its accelerator program, with Australian startup Pixc and New Zealand’s Transfercar making the cut.
Ecommerce software provider Bigcommerce has announced its acquisition of Zing, a provider of mobile retail technologies.
From Compare The Market to Finder.com.au, there’s no scarcity of product comparison sites in Australia. Although many Australians rely on these sites to make informed purchase decisions, a new Sydney-based FinTech startup Monetise believes product comparison sites are doomed if they continue to forgo transparency in pursuit of profits.