SoftBank has deployed $3 billion in India this year, can invest up to $10 billion in 2022

SoftBank Group chief executive Rajeev Misra said the fund has invested $3 billion in Indian companies this year and can invest $5 billion to $10 billion next year, the latest aggressive play by a top investment firm in the South Asian nation, where young firms have raised over a record $20 billion

Ometria raises $40M C round to automate CRM for retailers

We last heard from Ometria, an “AI-powered” customer marketing platform allowing brands and retailers to personalize marketing messages, in 2019 when it raised $21 million in a Series B. It's now completed a $40 million Series C round, led by InfraVia Growth, with participation from existin

Here’s how Rippling, fresh off its Series C round, aims to center companies around ’employee identity’

Late last month, Rippling, the now five-year-old company founded by serial entrepreneur Parker Conrad, raised $250 million in Series C funding in a round that pushed its valuation to a whopping $6.5 billion. Now, Conrad is taking the wraps off what had investors so excited about the outfit, which a

CloudQuery gets $3.5M seed to build open source cloud infrastructure visibility tool

As developers push code across multiple clouds, figuring out what infrastructure you own becomes a real challenge, usually involving writing custom scripts. CloudQuery, an early-stage startup, wanted to make it easier, and built an open source tool to do the work for you. Today, the company announc

Debt-as-a-service provider Sivo wants to power the next generation of lending startups

A startup called Sivo wants to do for debt what Stripe did for payments: Make it as easy to access a debt facility as plugging into an API. And just as Stripe helped unlock a slew of new businesses thanks to the ease with which they could embed payments into their apps and services, Sivo wants to p

Linktree partners with Shopify to allow users to add storefronts on its platform

Linktree, the popular “link in bio” service, is launching a Shopify integration to give users a way to promote their businesses and products directly on its platform. With this integration, Linktree users can launch a Shopify storefront on their Linktree to showcase their products and services

South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however, this sector hasn’t raced to the stage as quickly as say, payments or lending. With th

Framework raises $2M seed to create an 'on-demand business school' aimed at startups

Business education is, let's face it, finding it hard to keep up with a $3 trillion global tech startup economy that’s booming right now. High-growth companies are time-starved and so are their executives, but the courses they are offered are long, often boring, and varying in quality. Id

Oja bags $3.4M to build an online supermarket for ethnic products

As investors continue to pour blions into super speedy on-demand grocery delivery — trying to dislodge the dominance of traditional supermarket giants via a hyper convenience lever (whipping up some local opposition to their 24/7 dark stores and delivery methods in the process) — other

Singapore-based TreeDots gets $11M Series A to cut food waste in Asia

Every year, tons of food ends up in landfills because of cosmetic issues (they won't look nice in stores) or inefficiencies in the supply chain. Singapore-based TreeDots, which says it is the first food surplus marketplace in Asia, wants to help. The company is focused on creating a vertically

Electric automaker Rivian valuation pops above GM, Ford in biggest IPO of 2021

The euphoria around Rivian kicked into overdrive Wednesday as it debuted as a publicly traded company, with an opening share price of $106.75. If that sticks, it would give Rivian an implied valuation of $90 billion. The opening trade was nearly 37% higher than its listed IPO price of $78. That abs

Momentum announces $5M seed to automate sales tasks in Slack

The sales process can be chaotic, with data flowing in from a variety of sources and a number of people involved. Salesforce bought Slack for more than $27 billion last year because it recognized it could be the glue that holds this together. Momentum, an early-stage startup, wants to build on that

Dear Sophie: Can our employee travel on DACA?

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

Climate fintech company Evergrow nabs $7M seed from XYZ Venture Capital, Congruent Ventures and First Round

Evergrow, a stealth climate fintech startup, just landed over $7 million in seed funding. With a two-pronged approach, Evergrow aims to be the world's first dedicated carbon offtake company — rapidly funding climate developer projects and initiating long-term offtake agreements for these