General Catalyst, a Silicon Valley venture capital group, is expanding its presence in India by joining forces with a local venture firm and earmarking more than $500 million […]
Court halts Byju’s second rights issue as $200M fundraise falters
Byju’s is having a hard time raising the full $200 million from its rights issues that its founder had previously claimed was oversubscribed, sources familiar with the matter […]
Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale
Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch […]
Sources: Wasoko-MaxAB e-commerce merger faces delays amid headwinds in Africa
Last December, Nairobi’s Wasoko and Cairo-based rival MaxAB — two B2B e-commerce startups that enable retailers to order fast-moving consumer goods (FMCG) from suppliers via their respective apps […]
Sirion, now valued around $1B, acquires Eigen in enterprise AI tooling consolidation play
There’s a lot of buzz right now about generative AI and what impact it might have on businesses. But look beyond the hype and high-profile deals like the […]
MARS doubles down on India’s Infra.Market with new $50M investment
Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50 million from MARS Unicorn Fund as it looks to expand operations overseas, […]
Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one
The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult, […]
Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B
Scale AI, a company that provides data-labeling services for training machine learning models, has raised a $1 billion Series F round from a slew of big-name institutional and […]
Contour Venture Partners, an early investor in Datadog and Movable Ink, lowers the target for its fifth fund
Longtime New York-based seed investor, Contour Venture Partners, is making progress on its latest flagship fund after lowering its target. The firm closed on $42 million, raised from […]