Delhivery Acquires Spoton; Samsara Capital And Xponentia Get Exit Anvita Pillai

Logistics tech startup Delhivery has confirmed the acquisition of Bangalore-based Spoton Logistics.  The company refused to comment on the exact financials behind the acquisition, but according to an report by Inc42 from earlier this month, Delhivery has acquired Spoton for $200 Mn.    With the acquisition, Samara Capital and Xponentia, which acquired Spoton from IEP in …

MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap Tage Kene-Okafor

Last month, MaxAB, the Egyptian B2B e-commerce platform that serves food and grocery retailers, raised one of the largest Series A on the continent, to the tune of $40 million. Today, it has raised a $15 million extension from existing investors — RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavour Catalyst, Beco Capital …