Wheelocity raises $12 million for its supply chain network for fresh commerce in India

Wheelocity, an early-stage supply chain startup that handles fresh food supplies for quick commerce platforms in India, has raised $12 million in a new financing round as it gears up to broaden its product offerings and expand workforce. Lightspeed India Partners led the startup’s Series A fu

Backed by Tiger Global, Intellect is creating culturally competent mental health care for Asia

Mental health startup Intellect's ambitious goal is to be available across the Asia-Pacific region, but to ensure localized, culturally competent care in each of the many markets it serves. Today it announced it has added $10 million to its war chest in a Series A extension led by Tiger Global,

Daily Crunch: Raise now, pay later: $800M funding round slashes Klarna’s valuation by 85%

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Veteran digital health pros found virtual eating disorder care startup

For Amanda D'Ambra and Joan Zhang, the idea of starting and co-founding an eating disorder care startup was personal: Both struggled with an eating disorder, along with other mental health issues, and received treatment — a treatment they hope more people will be able to access. D'Ambra a

Now that Klarna has a new valuation, is Affirm cheap?

Klarna’s announcement that its long-expected funding round has come to a close brought with it one of the steepest valuation resets in memory, at least as far as operating businesses are concerned. Now worth $6.7 billion after raising $800 million, the European BNPL provider is worth a fracti

Google’s Gradient backs Penny to help UK workers merge and manage their pension pots

Pensions, by just about any estimation, are a good thing. Ever since the U.K. government introduced auto-enrolment to the national workforce back in 2012, forcing employers to provide a workplace pension scheme by default (i.e. opt-out), this has led to more people saving toward their retirement. T

Klarna confirms $800M raise as valuation drops 85% to $6.7B

European fintech Klarna has confirmed that it has raised $800 million at a pretty hefty valuation drop. Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as a “buy now, pay later” service provider, was seeking to raise new funds. Initial repor

PayTalk promises to handle all sorts of payments with voice, but the app has a long way to go

Neji Tawo, the founder of boutique software development company Wiscount Corporation, says he was inspired by his dad to become an engineer. When Tawo was a kid, his dad tasked him with coming up with a formula to calculate the gas in the fuel tanks at his family’s station. Tawo then created

Barcelona’s Impress heads toward a $125M Series B round in its bid to digitize orthodontics

Last year we covered how Barcelona-based startup Impress had digitalized the area of orthodontics, raising a $50 million Series A in the process, somewhat aping U.S.-based startups such as SmileDirect. Usually, consumers can only access cosmetic teeth alignment or orthodontic medical treatments in

Uprise banks $1.4M to be a ‘family office’ for Gen Z

Gen Z is getting a dose of some economic medicine that has older generations recalling 2008 and 2001, and Uprise is here for it. Uprise’s financial recommendations for Gen Z. Image Credits: Uprise Jessica Chen Riolfi and Chris Goodmacher co-founded the company in March 2021 as a free financia

Byju’s yet to secure $250 million of its $800 million March funding

Byju's has yet to receive $250 million of the $800 million funding it announced in March this year, the company said, as India's most valuable startup comes under scrutiny. Sumeru Ventures and Oxshott have yet to finance their committed $250 million to Byju's, a spokesperson said. “Th

Online donation platform Change helps charities fundraise in crypto

Crypto owners tend to be more generous than other investors when donating to charity, research shows. Whether that’s because of their strong sense of community or because of the lucrative tax benefits of doing so is anyone’s guess, but nonetheless, savvy charities have taken note of the

Pix Moving brings robovans to Japan, eyes DAO-based EV making

A company from China is ready to capture Japan’s demand for autonomous service vehicles as robots play an increasingly important role to address the aging society’s labor shortage. Pix Moving is joining hands with TIS, a publicly listed information technology company in Japan, to bring

Kadmos, a salary payments platform for migrant workers, raises $29.5M

Companies from across the industrial spectrum often rely on a migrant workforce, with data from the International Labour Organization indicating that some 169 million workers travel abroad for employment. But being away from their domestic jurisdiction and financial infrastructure presents a host o