Tencent backs Indian social media Lokal
Indian hyperlocal social media platform Lokal has raised $12 million in a new round of financing led by Chinese internet conglomerate Tencent, according to a source familiar with the matter.
Existing investors 3one4 Capital, Y Combinator and India Quotient have also participated in the Bangalore-ba
Corporate learning platform 360Learning raises $200 million
360Learning has raised a $200 million funding round from Sumeru, SoftBank's Vision Fund 2 and Silver Lake Waterman. And this time, the name of the startup describes quite well what it does. 360Learning lets you learn from your peers with an easy-to-use platform that lets you create and share co
Customer engagement platform Batch raises $23 million after years of bootstrapping
If you've been working in the French tech ecosystem, you may remember a startup called AppGratis. The app discovery and promotion startup basically had to stop operating overnight following a long and nasty fight with Apple.
From the team that brought you AppGratis, Batch is a customer engageme
Doyobi, a Singapore-based edtech startup focused on teachers, gets $2.8M seed
The edtech boom has focused primarily on students, but teachers are learners, too. Doyobi, a Singapore-based professional development platform, wants to give educators new, more engaging ways of teaching STEM subjects. The startup announced today it has raised $2.8 million in pre-Series A funding l
Dear Sophie: Any suggestions for recruiting international tech talent?
??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,”
Udemy targets valuation of $4B in major edtech IPO
Online education company Udemy this morning set an initial IPO price range for its upcoming debut.
The San Francisco-based edtech unicorn — backed by Learn Capital, Insight Partners and Norwest, among others — expects to price its IPO between $27 and $29 per share. The company could be
SoftBank-backed Flock Freight is the freight industry’s newest unicorn
The global shipping and freight industry has never been more in the spotlight, as the pandemic and other disruptions have led to enormous supply chain bottlenecks. While trucking logistics company Flock Freight can't solve the global supply chain crisis, it could help get goods to their destina
4 ways to make DEI a key component of customer service and culture
Truly effective customer service is rooted in empathy, because it's people who reach other people, and customers crave that kind of authenticity in their interactions with brands.
A customer service representative sets the tone for how a customer will perceive and engage with the company going
PayPal said to be exploring potential acquisition of Pinterest
In what would be a blockbuster acquisition, PayPal is reportedly exploring the purchase of social media company Pinterest, according to Bloomberg.
According to the publication, San Jose, California-based PayPal has “recently approached” Pinterest about a potential buyout.
Citing
What I learned after running my startup while traveling for a year
The life of a startup founder is not typically relaxing. Long hours are a given and days off are few. Your startup is your baby, and it needs care and feeding 24/7.
So what happens when a pandemic forces office shutdowns and a move to remote work for everyone? Great things, as it turns out.
UpEquity, a digital mortgage startup that makes all cash offers, secures $50M in debt and equity
UpEquity, a digital mortgage company that makes cash offers on a buyer's behalf, announced today it has raised $20 million in equity funding and secured $30 in debt financing.
S3 Ventures led the equity raise, which brings the startup's total funding haul since its 2019 inception to $77 mil
UK startup Healx to begin clinical trial on repositioned drug for Fragile X syndrome
There are currently no approved cures for Fragile X syndrome — the most common cause of inherited intellectual disability. At the moment, the treatments are designed to manage symptoms, from anxiety to OCD or, in rare cases, seizures. But a new clinical trial is soon to be underway at a U.K.
Element Finance raises $32 million for its DeFi fixed rate protocol
Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It lets you earn predictable returns on investments thanks to fixed rates over a predetermined period of
Stripe acquires Recko, its first acquisition in India, to add reconciliation to its payment services stack
Stripe, the outsized fintech out of San Francisco that is valued at $95 billion, is making another acquisition to expand the services it offers alongside its core payments product. The company is acquiring Recko, which has built a platform that lets businesses track and automate payments reconcilia