Deliveroo drags on the LSE at £3.31, down 15% on its £3.90 pricing; closes down 44% on debut at £2.87
Update: It seems that the market is volate indeed. After pricing its shares at the lower end of the range, Deliveroo, trading as “ROO” on the London Stock Exchange, opened at 331 pence (£3.31), down some 15% on its private placement pricing, and it has been continuing to decline throug
India’s HealthPlix raises $13.5 million to help doctors treat patients more efficiently
There are fewer than 300,000 doctors in India actively practicing medicine. They serve hundreds of millions of patients who suffer from chronic illness in the world's second-most populous nation.
A doctor only has a few minutes to spend on a patient, remember the past diagnosis by glancing at t
Sequoia Capital India on its early investment in Appier, the fund’s latest exit
"attachment_2132428" aria-describedby="" style="width: 1024px">Chih-Han Yu, chief executive officer and co-founder of Appier Group Inc., right, holds a hammer next to a bell during an event marking the listing of the company on the Tokyo Stock Exchange, at the company’s office in Taipei, Taiwa
Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products
Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 million in a Series A extension round.
The investment, which, according to the company, was agreed on and structured in 2020, follows the $6.3 million raised in November 2020 and led by Toyota Tsusho in
Otrium raises $120 million for its end-of-season fashion marketplace
Otrium has raised a $120 million round just a year after raising its $26 million Series B round. BOND and returning investor Index Ventures are leading the round. Existing investor Eight Roads Ventures is also participating.
The concept behind Otrium is quite simple. When items reach the end-of-sea
Monk’s Hill Ventures and Glints on how Southeast Asian startups can cope with the region’s talent crunch
A lot has changed since Monk's Hill Ventures released its first report on tech compensation in Southeast Asia five years ago, with base salaries and competition for top talent jumping dramatically. But one thing has remained the same since 2016: startup compensation data, including information
Amazon partners with Seraphim on AWS accelerator for space startups
Amazon will soon be a big part of the space economy in the form of its Kuiper satellite internet constellation, but here on Earth its ambitions are more commonplace: get an accelerator going. They’ve partnered with space-focused VC outfit Seraphim Capital to create a four-week program with (a
LinkedIn confirms it’s working on a Clubhouse rival, too
Clubhouse’s list of competitors is growing. LinkedIn has now confirmed it’s also testing a social audio experience in its app which would allow creators on its network to connect with their community. Unlike the Clubhouse rivals being built by Facebook and Twitter, LinkedIn believes its
Daily Crunch: Google starts testing its cookie alternative
Google tries out new ad targeting technology, PayPal adds cryptocurrency support and Substack raises additional funding. This is your Daily Crunch for March 30, 2021.
The big story: Google starts testing its cookie alternative
Google announced today that it has begun rolling out a n
Apple Maps adds COVID-19 travel guidance for over 300 airports worldwide
Apple has updated its native Maps app with more helpful information designed to assist with travel while mitigating the spread of COVID-19. Apple Maps on iPhone, iPad and Mac will now show COVID-19 health measure information for airports when searched via the app, either through a link to the airpo
Free Extra Crunch membership included with TC Early Stage tickets
technewss Early Stage is coming up this week, and all attendees can get three months of free access to Extra Crunch as a part of a ticket purchase. Extra Crunch is our members-only community focused on founders and startup teams, and it features over 100 exclusive articles per month.
Head here t
Amazon acquires Indian retail startup Perpule
Amazon has acquired a startup in India that is helping offline stores go online, the e-commerce group's latest attempt to make inroads in the world's second most populous nation where brick and mortar continue to drive more than 95% of sales.
The American e-commerce group said on Tuesday ev
NFT art marketplace SuperRare closes $9 million Series A
The NFT ecosystem is having an explosive moment and the startups that were ready to run with it are getting lots of cash to continue capturing that momentum.
SuperRare, an NFT art platform that has garnered tens of millions in new sales in recent weeks, has just raised millions from investors. The
YouTube tests hiding dislike counts on videos
YouTube announced today it will begin testing what could end up being a significant change to its video platform: It’s going to try hiding the dislike count on videos from public view. The company says it will run a “small experiment” where it will try out a few different designs