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SparkLabs to pour USD 100,000 in IoT startups via new accelerator
SparkLabs has invested in over 280 companies across six continents to date.
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The investment in LetsShave is in line with the Wipro's strategy of capitalizing on online opportunities, targeting millennials.
The latest deal builds upon an existing collaboration between the two companies, which allows users to book Blue Bird taxis from the Gojek app.
Shopee and Tokopedia have advertising solutions which are becoming popular among their sellers and other platforms are expected to follow this year.
MOX operator SOSV recently closed its fourth fund at USD 277 million.
The company is eyeing the Indonesian market.
The government expects to attract more than USD 574 million of private funding over the next 10 years.