Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s stake in iFood, a Latin American food delivery vendor. Read More
ChowNow, an online food ordering service, has raised a $20 million Series B round led by Catalyst. This round brings ChowNow’s total funding to nearly $40 million.
“We were excited for [Catalyst] to get involved because they were behind Mindbody,” ChowNow CEO Chris Webb told TechCrunch.
Mindbody, a white-label service for health and wellness businesses, went public in 2015. Read More
Uber and Deliveroo execs faced questions from a UK parliamentary committee today as the government continues to deliberate on changes to employment law to account for the rise of gig economy work facilitated by tech platforms. Read More