Report on Small Business Newsletter: Wattpad goes to India; Billions flows into startups

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Report on Small Business Newsletter: Wattpad goes to India; Billions flows into startups GlobeSmallBiz

Wattpad strikes deal with Times Group to expand in India

Wattpad Corp. has struck a deal with Indian media giant Bennett Coleman to expand the social media firm’s reach into the world’s second most populous country. Toronto-based Wattpad, which is attempting to build a global entertainment business fuelled by user-generated content published on its online platform, said it will receive funding from the global investments and partnership division of India’s oldest and largest media conglomerate .

Canadian venture-capital investment plateaued in 2018 with $3.7-billion flowing into Canadian startups and scale-ups, holding the country back from a fifth consecutive year of growth, according to the Canadian Venture Capital & Private Equity Association. The CVCA will release its annual year-in-review report on Wednesday. It found that venture-capital investment in Canada fell 2 per cent to $3.

Vancouver’s budding beverage company Wize Monkey is joining forces with another local company to keep the innovation stream flowing. Wize Monkey creates coffee leaf tea beverages that are sold in more than 800 stores worldwide. The company has grown exponentially since its humble beginnings on a $12,000 Kickstarter campaign in 2014.With a small cadre of artisans in Fort Smith, N.W.T.

 

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