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Fazla Gıda raised 2.2 million Turkish Liras in the third funding round

Food waste is one of the biggest problems facing humankind today. Wasting food is not only an ethical and economic issue but it also depletes the environment of limited natural resources. Fazla Gıda is a startup that…

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Obilet.com Received an Investment from EarlyBird Venture Capital

Obilet.com is one of the largest bus ticket booking platforms in Turkey. In 2015, obilet.com received investments from Aslanoba Capital and Earlybird Venture Capital and it announced the closing of a Series B…

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Gripati has joined App Samurai family

App Samurai is a self-service advertising platform that has reached a large number of advertisers in 52 countries. In order to satisfy the customer needs and enrich customer experience, the platform continues developing…

Startups

Eleven Startups Accepted into StartersHub’s Accelerator Program

StartersHub has selected 11 start-ups for its first cohort of its StartersHub XO accelerator program. This year, StartersHub XO will be held in association with B/S/H Home Appliances, Turkish Airlines and Unilever, and…

Startups

TatildeKirala.com Received An Investment with a Valuation of 800k Dollar

The summer has arrived, and you may be planning your vacation. Discover the best accommodation options and places to stay for every destination by TatildeKirala.com! TatildeKirala.com is an online marketplace and…

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Banks Applied to Competition Authority to take over 55 percent of Türk Telekom

Akbank, Garanti Bank and Isbank are setting up a special purpose vehicle to take majority control of  Turk Telekom in a debt restructuring to take over Oger Telecom, which owns a 55% stake in Turk Telekom. Lenders…

Digital

Is Instagram The Best Hope for Facebook?

We addressed Facebook’s crossposting strategy, which allows you to upload a video to one page and share that video on other Facebook-owned social networks. However, Facebook released a number of new features and…

Featured

Which Trendyol investors exited due to the investment of Alibaba?

We have shared the news on the new investment Trendyol received from the world’s leading e-commerce and mobile commerce company, Alibaba. There has been no official word on the amount of the investment or valuation, but…

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Trendyol Gets Investment from Alibaba

One of the world’s largest online and mobile commerce company Alibaba Group made an investment in Trendyol, a Turkey-based e-commerce company. There has been no official word on the investment amount. Turkey’s…

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Tesla posted jobs on Linkedln for new store in Istanbul

Expected to make its debut in Turkey in 2018, Tesla posted job adverts on Linkedln for its new store in Istanbul. The job posts include Sales Representative, Product Specialist and Store Manager; but there's been no…

Startups

Webrazzi Arena winner Evdekibakicim gets $180K angel investment

EvdekiBakicim.com, the Istanbul-based start-up that matches families with highly qualified sitters and care professionals, has closed an angel investment round of 675,000 Turkish Liras (around $180K) and reveals plans…

Startups

Home-care market place EvdekiBakicim wins Webrazzi Arena 2016 startup competition

EvdekiBakicim, an online market place for clients and providers of  home care for children and elder care, is the winner of this year's Webrazzi Arena, the leading startup competition held as a part of the most…

E-Commerce

Quandoo shutters operations in Turkey

Quandoo, one of the largest online restaurant reservation platforms in Europe is ceasing operations in Turkey. The decision to exit Turkish market comes amid a downsizing period followed by laying off remaining…

Featured

The Abraaj Group closes its $526M fund for investment in Turkey

Global investors The Abraaj Group announced today that they have just closed its first dedicated Turkey Fund worth $486 million, with a further $40 million raised for co-investment. Abraaj Turkey Fund I has 70% of the…

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Multinet UP acquires Turkey's leading fintech startup ininal in a stock-swap deal

Istanbul-based voucher and shopping debit card network Multinet UP, which is owned by French UP Group since 2010, has acquired majority stake in one of Turkey's leading fintech companies ininal. There is no official…

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