Startups

Indian hyperlocal delivery startup Dunzo is in late-stage discussions to secure about $50 million in a new financing round, two sources familiar with the matter told technewss, as the Bengaluru-headquartered startup scrambles for comfort amid a funding winter for younger firms. Reliance Retail and

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Stripe competitor Checkout.com said last month it has appointed Céline Dufétel as its new president. She had previously served as the London-based fintech startup’s CFO and COO for about 18 months before her promotion. In her expanded role, which still includes serving as the company’

Confluent co-founder Neha Narkhede today announced a new fintech company, Oscilar, that’s developing an “AI-driven” platform to help financial institutions protect online transactions from fraud and theft. Oscilar is entirely self-funded, backed by $20 million that Narkhede and th

Yet another startup hoping to cash in on the generative AI craze has secured an eye-popping tranche of VC funding. Called Fixie, the firm, founded by former engineering heads at Apple and Google, aims to connect text-generating models simar to OpenAI’s ChatGPT to an enterprise’s data, s

Green Labs, a Seoul-based agritech startup, has secured $38.4 million (50 billion won) in debt financing from existing investors BRV Capital Management and Skylake Incuvest. The new funding comes just a month after the startup laid off around 70% of its workforce, or 350 people, in February as p

French startup Ledger has added more money to its Series C funding round. The company designs and manufactures so-called hardware wallets to secure crypto assets. In 2021, the company raised €356 million ($385 million at today's exchange rate). And the company is adding another €100 million

Online businesses are at risk of bad bot activity, certainly more now than they used to be. According to a survey from Imperva, 42.3% of internet traffic in 2021 wasn’t human, but instead bots that ran automated routines with ill intent. Given the damage bots can do — for example, steal

Unacademy has laid off 12% of its workforce, or more than 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO Gaurav Munjal announced the new layoff decision in a Slack post to employees. “

Sam Parr, founder of HubSpot-acquired newsletter and media brand The Hustle, doesn't watch “Succession” because “it's too real” (and because he prefers watching comedy compared to behemoth business billionaires fighting). But when he announced his new project, Hampton, an in

If you think embedded insurance is the only hot thing in insurtech these days, we've got a surprise in store for you: While it's true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space

2022 was a tumultuous year for many fintech startups. But for Ramp, it was a year of opportunity. The company shared today that it saw its revenue grow by 4x last year, buoyed by what co-founder and CEO Eric Glyman describes as a desire on the part of companies of all sizes and stages seeking to s

With a drier than normal investment scene, founders are looking for more effective ways to reach the right VCs. To that end, over the past few weeks, thousands of founders have applied to land capital through a common app, but instead of hoping to land into a university, they’re hoping to lan

AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be the most front of mind right now. Today a startup called Fetch.ai is announcing $40 million in fun