Airtel Africa gets an extra $200M for its mobile money business from QIA
Three months ago, Mastercard invested $100 million in Airtel Mobile Commerce BV (AMC BV) — the mobile money business of telecom Airtel Africa. This was two weeks after it received $200 million from TPG’s Rise Fund.
Today, the African telecoms operator said it has secured another investment
Introducing the Open Cap Table Coalition
On Tuesday, the Open Cap Table Coalition announced its launch through an inaugural Medium post. The goal of this project is to standardize startup capitalization table data as well as make it far more accessible, transparent and portable.
For those unfamiliar with a cap table, it's a list of wh
Robinhood’s stock drops 8% in its first day’s trading
Robinhood priced its public offering at $38 per share last night, the low end of its IPO range. The company was worth around $32 billion at that price.
But once the U.S. consumer investing and trading app began to allow investors to trade its shares, they went down sharply, off more than 10% in the
Microsoft in talks to back India’s Oyo
Indian budget hotel chain Oyo may have lost a significant portion of its business to the pandemic, but it is inching closer to finding a new investor: Microsoft.
Microsoft is in advanced stages of talks to invest in Oyo, valuing the Indian startup at about $9 billion, according to people with know
Livestream e-commerce: Why companies and brands need to tune in
What comes to mind when you think of livestreaming? In the U.S., most people would name their favorite celebrity leading a Q&A on Instagram or a gamer doing a speedrun on Twitch.
In China, it's shopping, streamed live.
Livestream e-commerce has taken off in China in the last
Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America
Merqueo, which operates a full-stack, on-demand delivery service in Latin America, has landed $50 million in a Series C round of funding.
IDC Ventures, Digital Bridge and IDB Invest co-led the round, which also included participation from MGM Innova Group, Celtic House Venture Partners, Palm Drive
True ‘shift left and extend right’ security requires empowered developers
DevOps is fundamentally about collaboration and agility. Unfortunately, when we add security and compliance to the picture, the message gets distorted.
The term “DevSecOps” has come into fashion the past few years with the intention of seamlessly integrating security and compliance into the Dev
Craft Aerospace’s novel take on VTOL aircraft could upend local air travel
Air taxis may still be pie in the sky, but there’s more than one way to move the air travel industry forward. Craft Aerospace, with $3.5M in funding, aims to do so with a totally new vertical takeoff and landing aircraft that it believes could make city-to-city hops simpler, faster, cheaper a
Talkiatry lands $20M Series A to go all in on in-network psychiatric care
Talkiatry announced today that it has raised a $20 million Series A to scale a strategy simple in theory yet potentially challenging in execution: bring psychiatry services in-network with insurance providers. The round, led by Left Lane Capital with participation from the founder and former CEO of
Draft.dev CEO Karl Hughes on the importance of using experts in developer marketing
Developers can be a tough crowd. They typically hate being marketed to and are often short on time, which sets a particularly high bar for any content marketing aimed at them.
Coming up with relevant content that developers find interesting takes specific know-how, and this is where Draft.dev comes
Hello Divorce raises $2M so that couples can say 'good-bye' easier
Divorce is messy and stressful, made even messier and stressful when a couple is unable to go through the legal process because of the cost. Online divorce startup Hello Divorce is developing a platform to make this process more affordable and quicker.
To do this, the Oakland, California-based comp
Student labor marketplace Pangea closes $2M seed round
Pangea, a Providence, Rhode Island-based startup that connects youthful talent and businesses in need of freelance labor, announced this morning that it has closed an oversubscribed $2 million seed round.
Pangea CEO and co-founder Adam Alpert told technewss that his company had set out to secure $
Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuation
Open source has become a major force in the world of IT, and today a startup that has built a profitable operation by developing business management software on the principle is announcing a sizable secondary investment on the back of that growth.
Odoo — a Belgium-based provider of open-sourc
GGV Capital gave this real estate startup founder a term sheet 48 hours after meeting
Realm, which aims to help homeowners maximize the value of their property with its data platform, has raised $12 million in Series A funding led by GGV Capital.
Existing backers Primary Venture Partners, Lerer Hippeau and Liberty Mutual Strategic Ventures also participated in the round, bringing th