🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

eBay enters trading card commercial agreement with Collectors, acquires Goldin

TechCrunch · 1y ago

eBay enters trading card commercial agreement with Collectors, acquires Goldin

eBay has announced three commercial transactions with Collectors, the parent company of PSA, a third-party authentication and grading provider for collectibles. The partnership aims to enhance the trading card experience for enthusiasts by offering seamless buying, selling, grading, and storage services. eBay has also acquired Collectors' auction house Goldin, expanding inventory for buyers and providing a wider audience for sellers. Additionally, eBay is selling the eBay vault to Collectors, merging existing vault services. The financial terms were not disclosed, and the deals are expected to close in Q2 2024. These moves reinforce eBay's commitment to the collectibles market.

Related News

Pine Lab officially acquires Qwikcilver for $110 million

Entrackr

Entrackr · 1y ago

Pine Lab officially acquires Qwikcilver for $110 million

Point of sale payment solution company Pine Labs has confirmed on Friday that it has completed the acquisition of Bengaluru based gift card solutions provider Qwikcilver. Last month, Pine Labs had signed a definitive agreement to acquire Qwikcilver for $110 million. With this acquisition, Qwikcilver and Pine Labs now have a combined gift solutions business comprising 250 brands and retailers and 1500 enterprise customers. (Source)

NFTs, once hyped as the next big thing, now face ‘worst moment’

Economic Times

Economic Times · 1y ago

NFTs, once hyped as the next big thing, now face ‘worst moment’

The NFT market, once a hotbed of activity, is experiencing a significant decline. Monthly trading volume for NFTs dropped 81% between January 2022 and July 2023, and monthly sales figures decreased 61%. Blue-chip NFTs like Bored Ape Yacht Club and CryptoPunks have seen floor prices at their lowest levels in over two years. This decline is attributed to waning investor interest, regulatory concerns, and a shift away from NFTs towards traditional cryptocurrencies like Bitcoin. Some collectors and platforms have faced financial difficulties, and there's a flight to safety with some collectors exiting the NFT market.

Cred enters new business segment, launches vehicle management service

Money Control

Money Control · 1y ago

Cred enters new business segment, launches vehicle management service

Cred, the credit card and bill payments fintech unicorn, has introduced 'Cred Garage', a vehicle management service within its app. This new feature offers concierge services, parking services, document management, and spending insights to Cred members. It aims to cater to the high-spending individuals who possess both credit cards and cars. Cred Garage also integrates DigiLocker for easy access to essential documents. This expansion comes as Cred faces challenges with a decline in average UPI transaction value and a shrinking share of the credit card bill payment market.

Amit Jain's CarDekho acquires Revv; enters shared mobility

IndianStartupNews

IndianStartupNews · 1y ago

Amit Jain's CarDekho acquires Revv; enters shared mobility

Jaipur-based autotech firm CarDekho Group is acquiring a majority stake in Gurugram-based self-drive car rental startup Revv for an undisclosed amount. This move marks CarDekho's entry into the shared mobility space, aligning with its strategy to integrate technology into its operations. CarDekho aims to create a complete automobile ecosystem with a seamless customer experience by incorporating Revv's shared mobility services into its portfolio. Revv, operating in 22 cities with a fleet of over 3,500 cars, was valued at $138 million as of October 2019.

Zaggle Partners Hero MotoCorp To Help Streamline And Optimise Management Of Its Staff Expenses

Inc42 · 1y ago

Zaggle Partners Hero MotoCorp To Help Streamline And Optimise Management Of Its Staff Expenses

Fintech SaaS startup Zaggle has entered into an agreement with Hero MotoCorp to provide its employee expense management platform, Zaggle Save. Zaggle Save is a multi-purpose card that can replace food cards, fuel cards, travel vouchers, gift cards, and more. The agreement with Hero MotoCorp will be in effect from July 4, 2024, until the agreement is terminated according to mutually agreed terms.

NPCI to sign pact with Al Etihad Payments of UAE for cross-border transactions

Economic Times

Economic Times · 1y ago

NPCI to sign pact with Al Etihad Payments of UAE for cross-border transactions

NPCI International Payments Ltd is set to sign an agreement with Al Etihad Payments in Abu Dhabi to enable cross-border transactions. The memorandum of understanding aims to develop the UAE's domestic card scheme based on India's RuPay debit and credit card stack. The agreement will be signed in the presence of India's commerce and industry minister, Piyush Goyal, during his visit to Abu Dhabi, where he will co-chair the eleventh meeting of the India-UAE High-Level Task Force on Investments.

Accel-backed Moneyview acquires Jify, enters unicorn club

VCCircle

VCCircle · 10m ago

Accel-backed Moneyview acquires Jify, enters unicorn club

Bengaluru-based fintech company Moneyview has acquired Jify.co, a platform that allows employees to access their earnings on demand. The acquisition involved a share swap with Moneyview's existing investors Accel and Nexus Venture Partners, who were shareholders of Jify. Financial details of the transaction were not disclosed. Moneyview, which raised $75 million in its Series E round, reported a consolidated revenue of INR 576.7 crore ($77.6 million) in the financial year ending March 2023. The acquisition will enhance Moneyview's suite of financial services and enable Jify to expand its offerings to more employees and organizations.

Emami acquires stake in Axiom Ayurveda, enters health juice segment

Livemint

Livemint · 1y ago

Emami acquires stake in Axiom Ayurveda, enters health juice segment

Emami Ltd. has entered the health juice category by acquiring a 26% stake in Axiom Ayurveda Pvt Ltd., the company behind the AloFrut brand. The deal size has not been disclosed. Emami sees potential in the health and wellness segment and aims to tap into it with AloFrut, a range of juices rich in vitamins, minerals, and essential amino acids. Emami will compete with Dabur Ltd. and PepsiCo India in the juice market. Emami's strategic investment aligns with their growth strategy of investing in brands with synergy and growth potential.

Visa, Mastercard stop business payments via cards post RBI instructions

Economic Times

Economic Times · 1y ago

Visa, Mastercard stop business payments via cards post RBI instructions

The Reserve Bank of India (RBI) has instructed card networks like Visa and Mastercard to halt card-based vendor payments made by corporations. Fintech startups operating in this sector have received a notice to pause business payments made by commercial cards until further notice. The exact reason for this regulatory action remains unknown, with speculation focusing on payment aggregator guidelines and potential issues regarding KYC compliance for vendors and merchants.

OpenAI enters Silicon Valley’s hot new business: War

Livemint

Livemint · 7m ago

OpenAI enters Silicon Valley’s hot new business: War

OpenAI, the world's most valuable AI company, has partnered with defense-tech startup Anduril Industries to incorporate its technology into counterdrone systems used by the U.S. military. This collaboration represents OpenAI's deepest involvement with the Defense Department and its first partnership with a commercial weapons maker. Although OpenAI still prohibits the use of its technology in offensive weapons, it has made deals for cybersecurity work and other projects with the military. The move reflects Silicon Valley's changing stance towards closer ties with the national security complex, with other tech companies also pursuing similar partnerships to bolster national security against countries like China.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Meta acquires voice startup Play ...

Exclusive: Porter turns profitabl ...

Who is Varun Mohan, the Windsurf ...

Download the medial app to read full posts, comements and news.