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Snapdeal board gives nod to Flipkart's bid, but obstacles remain, say sources: Reuters

The board of Indian e-commerce firm Snapdeal has agreed to a deal with bigger rival Flipkart for up to $950 million, two sources said on Wednesday, bringing the two a step closer to forming a combine to challenge Amazon.com's (AMZN.O) domestic growth.

Voice assistant startup Aiqudo pulls in $5.2 mln Series A

San Jose, California-based Aiqudo, a newly launched voice assistant startup, has raised $5.2 million in Series A funding. The investor was Atlantic Bridge Capital. Also, Aiqudo has acquired Belfast, Ireland-based Sophia, a machine learning startup.

Supply Dynamics attracts funding

Cincinnati-based Supply Dynamics, a provider of supply chain tech solutions, has raised an undisclosed amount of funding. The investors were Queen City Angels and Ohio TechAngel Funds.

Complexa lands $62 mln Series C

Pennsylvania-based Complexa Inc, a clinical stage biopharmaceutical company, has closed $62 million in Series C funding. New Enterprise Associates and Pfizer Venture Investments LLC led the round with participation from other investors that included Edmond de Rothschild Investment Partners and HBM Healthcare Investments.

Closed Loop to invest up to $3 mln in Canadian clean tech company GreenMantra

GreenMantra Technologies, a Canadian clean technology, has raised up to $3 million in funding. The investor was Closed Loop.

BrandTotal rakes in $2 mln seed

Israel-based BrandTotal, a provider of "dark marketing" data, has raised $2 million in seed funding. Glilot Capital Partners led the round with participation from KDC Media Fund and Dick Clark Productions.

Signal Vine bags $2 mln Series A

Signal Vine, a higher education text messaging platform, has secured $2 million in Series A funding. New Markets Venture Partners led the round.

Smart lock maker August Home inks $25 mln Series C

San Francisco-based August Home, a provider of smart locks and smart home access products, has secured $25 million in Series C funding. The investors included Bessemer Venture Partners, Comcast Ventures, Maveron, Qualcomm Ventures, AGL, Liberty Mutual and European private equity fund SPDG.

Maniv Mobility collects over $40 mln for inaugural fund

Israel-based Maniv Mobility, a venture firm focused on mobility tech, has raised over $40 million for its debut fund. According to Maniv, that figure was twice its target. The limited partners in the fund include OurCrowd, InMotion Ventures, Valeo, hedge funds and family offices.

AI assistant Cleo takes in funding

London-based Cleo, an artificial intelligent assistant, has secured 2 million pounds in funding. Robin Klein of LocalGlobe led the round with participation from other investors that included Niklas Zennström, founder of Skype. In addition to the funding, Jason Goodman, founder of advertising agency Albion, will join Cleo's board of directors.