Microsoft backs India’s Oyo ahead of IPO
Microsoft has invested $5 million in Indian budget hotel chain Oyo, according to a regulatory filing this week. The investment confirms a technewss scoop from last month.
The new investment values Oyo at $9.6 billion, only slightly below the $10 billion implied valuation from the Indian startup
Indonesian D2C insurance marketplace Lifepal raises $9M Series A
Choosing an insurance policy is one of the most complicated financial decisions a person can make. Jakarta-based Lifepal wants to simplify the process for Indonesians with a marketplace that lets users compare policies from more than 50 providers, get help from licensed agents and file claims. The
Adobe buying Frame.io in $1.28B deal
Adobe announced today it is acquiring Frame.io, a video review and collaboration platform used by over a million customers, for $1.275 billion in cash.
Founded in 2014 by post-production company owner Emery Wells and technologist John Traver, New York-based Frame.io was created to solve the workflo
Let's make a deal: A crash course on corporate development
Wash, rinse, repeat: A startup is founded, first product ships, customers engage, and then a larger company's corporate development team sends a blind email requesting to “connect and compare notes.”
If you're a venture-backed startup, it would be wise to generate a return at some point
Revolut introduces salary-advance feature in the UK
Fintech startup Revolut is launching a new feature called Payday. It is an alternative to credit card debt and short-term credit as it lets you unlock a portion of your wage early. If a business decides to integrate with Revolut, users can then access the feature from the financial super app direct
Deed pulls your employer's charity and volunteer program into Slack to keep it front of mind
If your employer does any sort of charity donation matching, the system powering it might be… not great. Maybe it's got an ancient interface; maybe it's stuffed behind the VPN at some weird URL that takes a half hour to dig up every December when you remember there's donation match mo
4 common mistakes startups make when setting pay for hybrid workers
Leaders and senior management everywhere are grappling with how (or not) to bring employees back to the office. It's a high-stakes decision: Fifty-eight percent of workers said they will look for new jobs if they can't work remotely, according to a FlexJobs survey.
An often overlooked and/o
Paladin publicly launches Knighthawk, a first response drone for cities
Emergency response is a time-sensitive business. When fires burn or a driver crashes their car, seconds can mean the difference between saving lives and watching a situation spiral rapidly out of control. For fire and police departments, getting teams on site can be challenging, what with the vagar
DigiSure, the mobility insurance platform with high-tech screening, comes out of stealth with $13.1M raise
DigiSure, a digital insurance company that caters to modern mobility form factors like peer-to-peer marketplaces, is officially coming out of stealth to announce a $13.1 million pre-Series A funding round. The startup will use the funds to hire more than 50 engineers, data scientists, business deve
Eaze to become America’s largest cannabis delivery service after buying Green Dragon
Eaze this week announced significant plans to expand into one of the U.S.’s largest cannabis delivery services. One of the original on-demand cannabis delivery services, the Bay Area-based company is set to acquire cannabis retailer and cultivator Green Dragon, which operates in the hot mark
Regology snares $8M Series A to help navigate maze of global regulations
Every country has its own bundle of laws, rules and regulations, and they change on a regular basis, making it an enormous challenge to keep up with it all. That usually requires large staffs filling in spreadsheets, and other unwieldy processes. Regology, an early-stage startup, wants to change th
Diamond Age raises $8M to speed up home construction with 3D printing and robot arms
Bay Area-based Diamond Age this week announced that it has raised $8 million. The seed round is led by Prime Movers Lab and Alpaca VC and features a slew of additional firms, including Dolby Family Ventures, Calm Ventures, Gaingels, Towerview Ventures, GFA Venture Partners and Suffolk Construction.
Bedrock modernizes seafloor mapping with autonomous sub and cloud-based data
The push for renewable energy has brought offshore wind power to the forefront of many an energy company’s agenda, and that means taking a very close look at the ocean floor where the installations are to go. Fortunately Bedrock is here to drag that mapping process into the 21st century with
Social listening app Earbuds raises $3 million in Series A funding
Most startup origin stories don’t begin on an NFL field, but that’s where founder, CEO and offensive tackle Jason Fox conceptualized the idea behind Earbuds. As he watched first overall draft pick Cam Newton warm up before a game in 2011, dancing to music, Fox couldn’t help but wo