Amazon announces $250 million venture fund for Indian startups

Amazon on Thursday announced a $250 million venture fund to invest in Indian startups and entrepreneurs focusing on digitization of small and medium-sized businesses (SMBs) in the key overseas market. The announcement comes at a time when the American e-commerce group, which has previously invested

IBM acquires Italy’s myInvenio to integrate process mining directly into its suite of automation tools

Automation has become a big theme in enterprise IT, with organizations using RPA, no-code and low-code tools, and other technology to speed up work and bring more insights and analytics into how they do things every day, and today IBM is announcing an acquisition as it hopes to take on a bigger rol

Altman brothers lead B2B payment startup Routable’s $30M Series B

We all know the COVID-19 pandemic has accelerated digital adoption in a number of areas, particularly in the financial services space. Within financial services, there are few spaces hotter than B2B payments. With a $120 trillion market size, it's no surprise that an increasing number of fintec

SoftBank in talks to invest up to $500 million in Swiggy

SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told technewss. The new investment values the Indian startup at about $5.5 billion, the sources said. The new investment would add to

Cado Security locks in $10M for its cloud-native digital forensics platform

As computing systems become increasingly bigger and more complex, forensics have become an increasingly important part of how organizations can better secure them. As the recent SolarWinds breach has shown, it’s not always just a matter of being able to identify data loss, or prevent hackers

Philippines ‘buy now, pay later’ startup Plentina raises $2.2M seed round

"attachment_2138944" aria-describedby="" style="width: 1024px">Plentina co-founders Kevin Gabayan and Earl Valencia. Image Credits: Plentina E-wallets are rapidly gaining popularity in the Philippines, overtaking credit cards, which have a penetration rate of less than 10%. Fintech startup Plentina

Cloud kitchen startup JustKitchen to go public on the TSX Venture Exchange

JustKitchen, a cloud kitchen startup, will start trading on the Toronto Stock Exchange (TSX) Venture Exchange on Thursday morning. It is doing a direct listing of its common shares, having already raised $8 million at a $30 million valuation. The company says this makes it one of the first — if n

Lingoda, an on-demand online language school with live instructors and Zoom classrooms, raises $68M

A startup out of Berlin that’s built and grown a successful online language learning platform based around live teachers and virtual classrooms is announcing some funding today to continue expanding its business. Lingoda, which connects students who want to learn a language — currently

Challenger bank N26 to offer insurance products

Fintech startup N26 is launching N26 Insurance as it plans to offer insurance products that you can access from the company's mobile app and website. The first insurance product is a smartphone insurance plan for German customers. But the startup doesn't plan to stop there. N26 says it is a

Atrium, which help sales managers more easily see who is (or isn’t) crushing it, just raised $13.5 million

There’s no shortage of data-driven sales management tools in the market. Naturally, Atrium, a five-year-old, San Francisco-based company co-founded by serial entrepreneur Pete Kazanjy, says it does a far better job of empowering sales managers to improve their team’s performance. How? B

Daily Crunch: Coinbase goes public

Coinbase makes an impressive public debut, Dell spins out VMware and Ford announces a new hands-free driving system. This is your Daily Crunch for April 14, 2021. The big story: Coinbase goes public Cryptocurrency exchange Coinbase went public today via direct listing at an opening

Creator monetization and CRM startup Pico raises $6.5M

Pico, a New York startup that helps online creators and media companies make money and manage their customer data, announced today that it has launched an upgraded platform and raised $6.5 million in new funding. In a statement, the startup’s co-founder and CEO Nick Chen said Pico helps creat

Building customer-first relationships in a privacy-first world is critical

In business today, many believe that consumer privacy and business results are mutually exclusive — to excel in one area is to lack in the other. Consumer privacy is seen by many in the technology industry as an area to be managed. But the truth is, the companies who champion privacy will be bett

Dell is spinning out VMware in a deal expected to generate over $9B for the company

Dell announced this afternoon that it’s spinning out VMware, a move that has been suspected for some time. Dell acquired VMware as part of the massive $58 billion EMC acquisition (announced as $67 billion) in 2015. The way that the deal works is that Dell plans to offer VMware shareholders a