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  • Trending on the Ticker

  • Airbnb acquires payments firm Tilt, reports TechCrunch; terms undisclosed, but the deal is in the tens of millions; Tilt offers a range of products including bill splitting and crowdfunding tools for enterprise customers - Link

    Update: Airbnb paid around $60M for Tilt, roughly the same figure the firm had previously raised, according to Fast Company; Tilt CEO James Beshara and several employees will join Airbnb, but it’s unclear if the company and its operations will continue - Link

  • Website platform Wix ($2.8B market cap) acquires art and design community DeviantArt for $36M cash, and $3M assumed liabilities; DeviantArt will continue as a standalone service with some crossover features; raised about $13.5M to date - Link

  • Airtel acquires rival carrier Telenor India; terms undisclosed; Telenor has about 45M users in India, compared to Airtel’s roughly 270M; the deal is expected to close within the next 12 months - Link

  • K2 Global closes its latest fund at $183M; targets early stage startups with plans for global expansion; its portfolio includes Spotify, Magic Leap and Twilio - Link

  • Indonesia-based Kejora closes its first fund at $80M; targets seed and Series A across Southeast Asia; early investments include MoneyTable, Etobee, and Qareer Group - Link