PayPal Backs Hyperlocal Marketing Firm SingleInterface

India-based “hyperlocal marketing-to-commerce” firm SingleInterface raised $40 million in new funding.The funding round was led by Asia Partners, with participation by PayPal Ventures, according to a Thursday (April 4) press release.Founded by entrepreneurs Tarun Sobhani and Harish Bahl, the company works with brands in India, Southeast Asia and the Middle East to help them manage the digital presence of their brick-and-mortar stores, the release said.“With more than 400 million local businesses worldwide, ...