Startups

Allo, a new financial app that can be described as Headspace for personal finance, is aiming to help users meaningfully engage with their finances without becoming overwhelmed with numbers and spending. The idea behind Allo is to help users create a mindful money practice that allows them to approa

If you ask Pankaj Patel, there’s too much complexity in networks today — particularly enterprise networks. Complexity has been engineered into enterprise networks over a period of decades, in fact, he argues, and it's happened because incumbents kept adding complexity to enable new

Socket, a startup that provides a scanning tool to detect security vulnerabilities in open source code, today announced that it raised $20 million in a Series A round led by Andreessen Horowitz (a16z). The tranche had participation from Abstract Ventures, Wndrco, Unusual Ventures and an impressivel

Watermarking an image is a practice that has value across countless domains, but these days it’s more difficult than just adding a logo in the corner. Steg.AI lets creators embed a nearly invisible watermark using deep learning, defying the usual “resize and resave” countermeasure

The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by more than half since original investment, according to an analysis of its filings. Vanguard cut the worth of its shares in Ani Technologies, Ola's holding firm, by 51.6% as of the end

Indian entrepreneur Bhavish Aggarwal, co-founder of ride-hailing firm Ola and electric vehicle startup Ola Electric, is venturing into fresh terrain as he navigates his businesses toward initial public offerings. He has set up an AI startup that seeks to develop a large language model and is curren

Remedial Health, a Nigerian startup digitizing pharmacies and bringing efficiency to the pharmaceutical value chain, has raised $12 million Series A equity-debt funding to scale operations in the West African country. Fintech VC firm QED Investors co-led the round, banking on embedded financial opp

Kimberly Bryant has had quite a few ups and downs during her journey as an entrepreneur, especially over the past year. Known for founding Black Girls Code, a nonprofit organization that helps young Black girls enter STEM fields, Bryant faced a slew of problems in 2021, when tensions started boilin

New Relic, the San Francisco-based observability software company, has reached an agreement with private equity firms TPG and Francisco Partners to go private in a $6.5 billion all-cash deal. As reported by CNBC, TPG and Francisco Partners were able to salvage a deal that initially fell through mon

Travel is back on the agenda after a COVID-19 hiatus, and today a mobile startup is announcing a healthy round of funding to capitalize on that. Airalo — which uses software-based eSIM connectivity to provide a wide range of lower-cost mobile data packages, nearly 700 in all, for internationa

Bloom, a zero-commission stock investing tool for teenage investors, reached 1 million downloads after launching in February 2022. The startup founded by Allan Maman and Sam Yang provides a brokerage account and teaches those aged 13 and older how to build wealth through interactive lessons on inve

Vineet Rao, co-founder and chief executive of Indian social commerce DealShare, has stepped down from the top role, the Tiger Global- and Alpha Wave Global-backed startup said Monday. Rao will work with the startup’s board to identify the next chief executive, the Monday statement added. The

Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took place in recent days and Tiger Global, which had cashed most of its Flipkart shares earlier, overall ma

Building a startup is hard enough but growing one in a category marred with Theranos-sized stigma is a new level of challenge. Vital Bio seems up for the test. The Toronto-based startup is building a machine, VitalOne, that can perform more than 50 blood tests — covering nearly all of those consi