Startups

Swiggy has led a $180 million financing round into bike taxi startup Rapido as the Indian food delivery giant looks to broaden its fleet network across the country, the two firms said on Friday. Rapido’s Series D financing round also saw participation from TVS Motor Company and existing inves

Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma, Lucas returned to his motherland to build his own internet startup. Two years into running the business, however, his enthusiasm has waned. The regulatory risks and compliance co

As we found during the pandemic, food and beverage distribution is critical, but most food wholesalers' sales remain manually operated. Post-COVID, food wholesalers are fast digitizing their operations, but many still rely on legacy backend systems. Addressing this, Cerve, a Swe

Immigrants to the United States face myriad challenges besides having to learn a new language. In many cases, they are dealing with a foreign and complex financial system, may struggle with finding adequate housing and healthcare, and often are just generally feeling lost. Welcome Tech, a startup a

Obtaining raw materials is a major pain point for Pakistan's manufacturers, who need to have multiple phone calls with suppliers while waiting for rates, say the founders of Zaraye. The startup, which runs a platform that connects manufacturers directly with suppliers, announced today it has ra

?To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Welcome to the Daily Crunch for Wednesday, April 13, 2022! Tomorrow, we are giddy with excitement to be attending Early Stage (if you're coming, don't f

Here’s another edition of “Dear 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

The corporate spend space continues to heat up. Today, decacorn Brex revealed that it is making a big push into financial software with the release of a new spend management product called Brex Empower. And it's making the leap with one high-profile customer already signed up — DoorDash.

Germany’s government created quite a buzz when it announced that recreational cannabis would be legalized during the current term. Does this mean that we'll see recreational use of cannabis for adults becoming a common policy in Europe? It's too soon to say. After interviewing several

"speakable-summary" dir="ltr">E-commerce is booming, but it’s become increasingly apparent over the years that the businesses that are able to capitalize on that trend — and contribute to that growth — are those able to grasp the right technology to navigate the space. Today, Salsi

Nursing shortages were a problem well before our hospitals were rocked by a pandemic. Two years in and overloaded systems have further contributed to burnout, stress and other factors plaguing the people we rely on for our own well-being. We've seen robotics applied to just about every other fi

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Welcome to the Daily Crunch for Tuesday, April 12, 2022! This week, the Found team released one of our favorite episodes of the podcast. In it, Jor

Only in the current market can one wonder how a celebrity avatar startup that sells NFT accessories took so long to hit a unicorn valuation. Genies, an LA-based digital avatar startup, announced Tuesday that it had raised $150 million in funding from Silver Lake, with participation from Bond, NEA a

If you rewind the clock to February of this year, Deel, a startup that helps customers hire in other countries, announced that it had built the ability to pay workers in crypto. Regardless of your view on the financial intelligence of such a move, technewss covered the news because we’re kee