India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation
The used car market is getting another major infusion of venture capital today, with one of the faster scaling startups out of India picking up a major round of financing to double down on growth: Cars24 — a site and app that sells used cars and used two-wheeled motorbikes — has raised
Pakistan edtech startup Maqsad gets $2.1M pre-seed to make education more accessible
Taha Ahmed and Rooshan Aziz left their jobs in strategy consulting and investment banking in London earlier this year in order to found a mobile-only education platform startup, Maqsad, in Pakistan, with a goal “to make education more accessible to 100 million Pakistani students.”
Havin
How to meet the demand of EV infrastructure and maintain a stable grid
As electric vehicles (EVs) become the new standard, charging infrastructure will become a commonplace detail blending into the landscape, available in a host of places from a range of providers: privately run charging stations, the office parking lot, home garages and government-provided locations
Executive coaching for employees is complicated and emotional
Welcome to Startups Weekly, a fresh human-first take on this week's startup news and trends. To get this in your inbox, subscribe here.
BetterUp, a reskilling and coaching platform for employees before and beyond the C-suite, is getting in touch with its emotions. This week, the richly funded
The GoPro-ification of the iPhone
Hello friends, and welcome back to Week in Review!
Last week, we talked about some sunglasses from a company that many people do not like very much. This week, we’re talking about Apple and the company 1,600 times smaller than it that’s facing similar product problems.
I
SEC Regional Director Erin Schneider is joining us at Disrupt
If ever there was a time when working at the Securities and Exchange Commission was a dull affair, that’s no longer true. The federal agency that’s responsible for protecting investors and maintaining fair and orderly functioning of our securities markets is busier than ever, thanks to
SoftBank’s Marcelo Claure is coming to Disrupt next week
SoftBank has been on a tear in Latin America. The Japanese investment conglomerate just announced it has launched its second Latin America-focused fund with a $3 billion capital commitment from the company that may grow as the fund explores “options to raise additional capital,” accordi
China roundup: Beijing is tearing down the digital ‘walled gardens’
Hello and welcome back to technewss's China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.
This week, China gets serious about breaking down the walled gardens that its internet giants have formed for decades. Two ma
1 change that can fix the VC funding crisis for women founders
The venture capital industry as we know it is broken. At least for women, that is.
In terms of funding to women founders, 2020 was among the worst years on record. On a global level, only 9% of all funds deployed to technology startups went to founding teams that included at least one woman. Solo w
Google abused dominant position of Android in India, antitrust probe finds
Google has abused the dominant position of Android in India to illegally hurt competitors in the world’s second-largest internet market, a two-year antitrust probe by the nation’s watchdog has found.
The Android-maker reduced device manufacturing firms’ ability and incentive to de
What we can learn from edtech startups’ expansion efforts in Europe
It’s a story common to all sectors today: Investors only want to see “uppy-righty” charts in a pitch. However, edtech growth in the past 18 months has ramped up to such an extent that companies need to be presenting 3x+ growth in annual revenue to even get noticed by their favored
Tips for managing growth across iOS updates
“I've seen startups spend thousands of dollars inefficiently as a result of not having optimal signal in their paid acquisition campaigns. I've also spent millions at companies such as Postmates refining our signal to the best possible state,” says growth marketer Jonathan Martinez in a
Daily Crunch: Apple, Google bow to Russian pressure
Hello and welcome to Daily Crunch for Friday, September 17th! What a week, ya'll. It is now just days before Disrupt, which means the technewss hive is buzzing. I'll leave it by noting that Reid Hoffman is coming, which is going to be a treat. See you next week! — Alex
The technewss
Longtime VC, and happy Miami transplant, David Blumberg has a new $225 million fund
Blumberg Capital, founded in 1991 by investor David Blumberg, has just closed its fifth early-stage venture fund with $225 million, a vehicle that Blumberg says was oversubscribed — he planned to raise $200 million — and that has already been used to invest in 16 startups around the wor