Investments

Investments

Garaj Sepeti Acquired Araba.com

Garaj Sepeti is Turkey's leading auto company that houses a portfolio of brands, widgets and platforms related to selling, buying, and renting a car. Garaj Sepeti has acquired two companies, Tasit.com and Datamotiv, in 2017,…

E-Commerce

Competition Authority Approved Alibaba's Takeover of Trendyol

Chinese e-commerce giant Alibaba invested in Trendyol, one of Turkey’s leading e-commerce platforms, in June. The process of securing Competition Authority approval concluded today: Approval has been given for Alibaba to t…

Featured

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 provides …

Featured

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 investment round. Valuation of m…

Featured

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 its…

Featured

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 applied to…

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 we …

Featured

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 leading e-c…

Startups

Digime3D received its first investment of 2.2 million TL from Tarvenn

One of the winners of Bayer Grant4Apps Turkey, a startup accelerator program with more than 120 applications, Digime3D received its initial investment of 2.2 million TL from Tarvenn. Digime3D offers devices that perform body…

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 to…

Startups

Finnish fintech startup Zervant raises €4M to bring its e-invoicing business to new markets

Finnish fintech startup Zervant that provides invoicing services to freelancers, small businesses and startups, announced today that it has raised €4 million in Series A funding round led by Northzone and Conor Venture Par…

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 money c…

Featured

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 announcement abo…

Featured

Webrazzi Ventures launched to fund early stage startups in Turkey

Webrazzi, Turkey's leading tech blog, announced today that it has launched Webrazzi Ventures to help early stage startups get off the ground in Turkey. Webrazzi Ventures will provide funding to local startups by giving p…

Startups

Winners of Webrazzi Arena 2015 startup competition announced!

Webrazzi Summit, Turkey's most influential internet conference ended with a startup contest, Webrazzi Arena, this year. The two days conference hosted Startup Lounge where 50 startups selected from hundreds of applications, pr…

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