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Faaso’s Grabs the chocolaty $20 Mn From Lightbox & Sequoia In Series B


Pune-based tech focused QSR chain Faaso’s has grabbed $20 Mn in a fresh round of funding led by LightBox Ventures and Sequoia Capital. Of the total amount, $16 Mn is equity investment by Lightbox and Sequoia, and a $4 Mn debt. HISTORY Jaydeep Barman, a former McKinsey and Co executive alongwith Indian Institute of Management-Lucknow batchmate…

Zomato acquires Turkey-based restaurant search service ‘Mekanist’ : GrowUP


Restaurant discovery service Zomato has announced the acquisition of Turkey’s Mekanist, increasing its coverage from about 27,500 restaurants in Istanbul and Ankara to more than 50,000 restaurants across Turkey. Deepinder Goyal, founder and CEO of Zomato, said, “Mekanist has established itself as one of the heavyweights in the online restaurant search and discovery space inTurkey,…