Matrix India announces new $300M fund – TechCrunch

Matrix India, one of India’s highest-profile tech VCs, is loading up for new deals after it announced a new $300 million fund for early stage investments. This is the third fund for the Indian firm, which is associated with U.S-based Matrix Partners. Matrix India has backed over 60 startups to date, including Uber rival Ola, ambitious medical…

Alibaba acquires German big data startup Data Artisans for $103M – TechCrunch

Alibaba has paid €90 million ($103 million) to acquire Data Artisans, a Berlin-based startup that provides distributed systems and large-scale data streaming services for enterprises. The deal was first announced by European media, including EU-Startups, before being confirmed by both Alibaba and Data Artisans through blog posts. Data Artisans was founded in 2014 by the team leading…