Startups

Rockset, a company building tools to drive real-time search and data analytics, today announced that it raised $44 million — $37 million in equity and $7 million in debt — led by ICON Ventures with participation from Glynn Capital, Four River Partners, K5 Global, Sequoia and Greylock. C

Three senior executives are leaving Byju’s as part of a restructuring at the edtech group, the Indian startup said Tuesday. Mukut Deepak, who led the classes 4-10 business; Himanshu Bajaj, head of the tuition centers; and Prathyusha Agarwal, Byju’s chief business officer, are leaving th

During the pandemic, almost all retailers in Asia established an e-commerce presence and adopted digital payments. But one thing that didn't change was sourcing, say the founders of cross-border marketplace Markato. Retailers still need to travel to overseas trade shows, cold e-mail new brands

The majority of Vietnam's population live in rural areas and often lack access to financial services because banks and other institutions open most of their physical locations in cities. MFast wants to change that with what it says is the leading financial services distribution network in Vietn

Kiki (formerly EasyRent), a subletting startup that matches listers with people looking to rent for up to six months, recently closed a $6 million seed round, its co-founder Toby Thomas-Smith exclusively told technewss. The funding will go toward Kiki's upcoming relaunch in New York City this

Mobile commerce in Latin America is expected to continue a healthy growth streak over the next few years, and Leadsales, a Mexican startup, wants to help small and medium businesses in Latin America manage all of those potential sales via WhatsApp and social media channels. The conversational comme

Geek Ventures is the latest venture capital firm to launch its first fund and has $23 million in capital commitments to invest in immigrant tech founders at the pre-seed and seed stages. Ihar Mahaniok founded the firm in 2021 after working for more than 20 years as a software engineer for companies

With the explosion of e-commerce during the global pandemic, companies not only had to adopt Amazon-like shipping skills, but also how to coordinate and manage returns. In Latin America, the reverse logistics process “is a mess,” according to Agustin Shutte, founder and CEO of Devolut, which pr

When investors look at a startup slide deck, they are looking for something very specific. Yes, they want to know if the team is great and the market is huge and the problem is worth solving and the solution makes sense. Of course. But another thing they are looking for is whether the founders unde

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. Better.com finally went public last week, and the stock’s performance was worse than expected. Affirm, on the other hand, saw its shares get a boost on the back of a better-than-expected e

W elcome to the technewss Exchange, a weekly startups-and-markets newsletter. It's inspired by the daily technewss+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Can startups help solve the U.S. housing crisis? BuildCasa thinks so. It raised a $3.5 million

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. This week, DocSend dropped a big load of statistics about the VC activity over the past half year or so. For TC+, I did a deep dive into the trends that are starting to show up. Subscribe for the full story, but since yo

Like many sectors, creator-focused startups had an easy time of attracting funding in 2020 and 2021. But venture capital investment into this category slowed down significantly starting in the second half of 2022: going from 42 rounds worth $336 million in Q2 2022, to only 19 rounds worth $110.2 mi

As soon as I saw the cover slide for BusRight, I knew I was looking at something really interesting. BusRight is a school-bus management platform that aims to improve efficiency and safety by, among other things, allowing caregivers to track bus locations. It also offers route-mapping and real-time