Sequoia to invest in Groupon India

By Luisa Beltran — 6 months ago

Groupon Inc. said Sunday that Sequoia has agreed to invest in Groupon India. Financial terms weren’t announced. Groupon said it would remain a significant shareholder. Groupon India will continue to operate under CEO Ankur Warikoo’s leadership.


KKR, Anchor Equity to acquire Ticket Monster for $360 mln: Updated

By Iris Dorbian — 10 months ago

Kohlberg Kravis Roberts & Co and Anchor Equity Partners have agreed to buy a controlling stake in Ticket Monster, a mobile commerce company based in South Korea. The seller is Groupon Inc, which will retain a minority stake in TMON. No financial terms were disclosed for the deal that is expected to close in the second quarter of this year. Canada Pension Plan Investment Board and Pavilion Capital will be co-investing in this transaction.


Groupon acquires VC-backed Swarm Mobile

By Iris Dorbian — 1 year ago

Groupon has bought San Francisco-based Swarm Mobile, a provider of a retail analytics and customer engagement platform, the former confirmed in a blog post on its site. No financial terms were disclosed. Swarm Mobile was backed by Icon Venture Partners. To read more about the acquisition, visit here.


Foundation Capital names two EIRs

By Iris Dorbian — 2 years ago

Foundation Capital, a venture firm based in Menlo Park, Calif., has hired Srinivas Mantripragada and Geoffrey Wong as entrepreneurs-in-residence. Previously, Mantripragada worked at Infoblox where he recently served as a vice president of technology while Wong is a former product manager for Groupon‘s MerchantOS group.