Ask Sophie: How do I move my startup to the US while my co-founders remain in India?

Here’s another edition of “Ask Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says S

SimpleClosure raises $1.5M in less than 24 hours to help companies shut down faster and cheaper

It's easy to start a startup. But it's far more difficult to shut one down. An estimated 90% of all startups fail, so there is no question that the problem is a widespread one. Yet the process to wind down a company is largely manual and bureaucratic. That's something th

Firstcard raises seed funding to help college students build better credit

Kenji Niwa, an immigrant entrepreneur, experienced the challenges of getting financial products, including a credit card, without a credit history when he moved to the U.S. in 2017 to get his MBA at UC Berkeley. Niwa realized that the issue is not just for international students who undergo financi

LocalGlobe and Pronomos Capital back Itana to pave the way for Africa's first digital free zone

In early 2022, ex-Andela and Flutterwave co-founder Iyinoluwa Aboyeji, in an interview with technewss, discussed a moonshot project he was working on: Talent City, explicitly designed for local and global startups and service businesses looking to scale their operations across Africa without facin

Oyo India chief, Europe head quit amid public listing deliberation

Two senior executives at Oyo have left the budget-hospitality startup, mere months before the company plans to list. Ankit Gupta, who joined the unicorn startup in 2019 and served as its India chief executive, and Mandar Vaidya, who led the startup’s European business, have left the firm. In

Josys, a SaaS management platform, raises $93M 

Josys, a startup offering a software-as-a-service (SaaS) platform to automate corporate IT software application management, has raised a $93 million Series B round led by existing backer Global Brain and a new investor, Globis Capital Partners. The latest funding, which brings its total raised to $

‘Ask Sophie’ book excerpt: A startup founder's guide to O-1A visas

The following information has been excerpted from “Ask Sophie™: The Founder's Guide to Visas & Green Cards” and adapted for technewss's audience. International startup founders have limited time, energy, and funds. That's why the O-1A visa for extraordinary ability o

What's next for Atlassian? Rajeev Rajan tells all (maybe) at TC Disrupt 2023

When a company's known for pioneering the modern approach to SaaS marketing and monetization, how does it foster innovation to push boundaries and stay ahead of the pack? We're excited to address that topic — and many others — when Atlassian CTO, Rajeev Rajan joins us on the SaaS Stage,

Real-time flight rewards search engine Point.me raises $10M

Point.me, an online search engine and concierge service that makes it easy to discover real-time reward flight options, has raised $10 million in Series A funding led by by Thayer Ventures. The platform checks for flights on 33 loyalty programs across more than 150 airlines to uncover real-time awa

Worldover is a compliance platform for cosmetic products (and soon any product)

Meet Worldover, a new London-based startup that recently received $3.8 million in funding (£3 million). The startup is trying to simplify the compliance process when it comes to launching new products in multiple markets around the world — starting with cosmetics. Index Ventures and Chalfen Vent

Kotani gets $2M pre-seed to help African workers send money home via crypto — without the internet

Of the many lofty promises of cryptocurrency, one of the most commendable ones is its potential to bring financial inclusion to underserved users. Nairobi-based Kotani Pay is a crypto payments startup with a vision to make cross-border remittances easier for the large underbanked populations in Afr

myZoi wants to make remittances less costly for migrant workers

Money sent home by migrant workers not only helps their families, but also enables entire economies to develop. But transferring money comes at a high cost to workers, with remittance fees averaging about 6.5%. MyZoi wants to cut fees by more than half, starting with the five million low-income mig

Butternut Box wolfs down $354M for subscription canine cuisine

Butternut Box, a U.K.-based startup that prepares and ships healthy food and supplements for dogs, is raising £280 million ($354 million) in a round of funding from General Atlantic and L Catterton. Founded out of London in 2016, Butternut Box serves a handful of European markets with myriad culi

4 founders give us their take on what's ahead for construction tech

Employers and employees alike are keeping a close eye on how the future of work is shaping up. For a lot of sectors, reading about the future of work evokes a picture of remote work and Zoom meetings. But that isn't the case in construction: It's one of the industries where remote work isn