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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 hospitality …

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…

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 notifications o…

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

Zeplin 2.0 was released with its new features

Zeplin is a Turkish startup company established in 2014. In 2015, it participated in Y Combinator, one of the top ranked startup accelerators, and received an investment of $1.2 Million within a few months. In the following…

Featured

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 official…

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

New SaaS-based analytics platform Rakam analyzes over a billion actions a a month

Rakam is a SaaS-modelled analytic substructure who keeps getting tractions recently in Turkey and around. Reportedly analyzing over a billion action a month, Rakam draws attention as an open source library as well as promising …

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

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 influential in…

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…

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 employees as …

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…

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