Startups

Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, two sources familiar with the matter told technewss. The salt-to-software giant is buying over 60% stake in BigBasket in a deal that values the Indian startup between $1.8 bil

Most small businesses, which form the backbone of an economy, today don’t have the resources to handle their IT needs. Take restaurants, for example. They have likely outsourced this job to contract IT professionals to reduce expenses. Every time they need to buy a point-of-sale machine, a pr

Update: after this article was published, Palo Alto Networks confirmed the acquisition for $156 million. Our original story is below. The pandemic and the world’s big shift to doing (even) more online has put an unprecedented amount of pressure on cybersecurity. Now, it looks like one of the

Carl Pei, co-founder of OnePlus, knows a thing or two about communities. At the Chinese smartphone maker, Pei fielded product and feature ideas from fans and held frequent gatherings to hear their feedback. At his new venture, Nothing, Pei is going a step further. The London-headquartered firm said

In an earlier article, I wrote about how and when to build go-to-market teams at deep tech companies. There, I noted that it is more important for growth hires at deep tech companies to have functional expertise than industry expertise. But how do deep tech companies connect and cultivate strong re

Dick Costolo and Adam Bain, renowned early Twitter execs who served as the company’s CEO and its chief operating officer, respectively, have quietly closed a second venture fund just one-and-a-half years after disclosing they’d secured $135 million for a debut fund for their firm, 01 Ad

Nature's Fynd, the food technology company with a new food offering cultivated from fungus found in the wilds of Yellowstone National Park, is releasing its first products for pre-order.  Pitching both a non-dairy cream cheese and meatless breakfast patties, Nature’s Fynd had managed to

Chalk one up for Jigsaw, an “anti-superficial” dating app that has scored £2.7 million ($3.7 million) in seed funding to put toward U.S. expansion. The round is led by a lead generation company for online dating companies, called The Relationship Corp., with backing from angel investor

GoPuff, the U.S.-based startup that operates its own “microfulfillment” network and promises to deliver items such as over-the-counter medicine, baby food and alcohol in 30 minutes or less, is in talks to acquire the U.K.’s Fancy Delivery, technewss has learned. According to sour

French startup Lengow has a new landlord as Marlin Equity Partners has acquired a majority stake in the company. Lengow operates a software-as-a-service platform to optimize e-commerce listings. Terms of the deal are undisclosed. In particular, many sellers now list their items on multiple e-commer

On March 3, we're hosting TC Sessions: Justice 2021, a day-long virtual conference dedicated to examining diversity and inclusion in tech. Tune in to presentations, panel discussions, breakout sessions and interactive Q&As with key tech leaders. Topics range from accessible product design a

There's always a fintech angle, even on Valentine's Day. This week, I covered Zeta, a new startup working on joint finances for modern couples. It aims to take away the money chores of a relationship, from splitting the bill at dinner to requesting rent through a payment app every month.

I’m very proud of the work we’re doing here at Extra Crunch, so it gives me great pleasure to announce that today is our second anniversary. Thanks to hard work from the entire technewss team, authoritative guest contributors and a very engaged reader base, we’ve tripled our memb

Even though Kevin Busque is a co-founder of TaskRabbit, he didn’t get the response he was hoping for the first time he pitched his new venture to Felicis Ventures’ Aydin Senkut. Nonetheless, he said the outcome was one of the best things that could have happened. “I’m kind o