Mulberry, the warranty service for direct to consumer brands, approaches $10 million ARR
In the two years since Chinedu Eleanya founded Mulberry to be the warranty service for direct to consumer brands, business has boomed.
Already riding a shakeup in consumer behavior brought by the emergence of startup brands selling just about everything to just about everyone, Mulberry brought a
India bans PUBG Mobile, and over 100 other Chinese apps
India has banned more than 100 additional apps with linkage to China, including popular mobile game PUBG, citing cybersecurity concerns as geopolitical tensions escalate at the two neighboring nations’ disputed border.
On Wednesday, India's IT Ministry ordered to ban 118 apps that it said
Point72, the firm investing hedge fund mogul Steven A. Cohen’s personal wealth, gets into healthcare
Point72 Ventures, the early-stage investment firm that’s now solely investing the personal wealth of the multi-billionaire hedge fund magnate Steven A. Cohen, is getting into healthcare investing.
The firm has hired Scott Barclay, a former partner at the life sciences and frontier technology
India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation
India has a new startup unicorn. On Wednesday, Bangalore-based online learning startup Unacademy announced it has raised $150 million in a new financing round that valued the Facebook-backed firm at $1.45 billion (post-money).
SoftBank Group — through its Vision Fund 2 — led Unacademy
Microsoft launches a deepfake detector tool ahead of US election
Microsoft has added to the slowly growing pile of technologies aimed at spotting synthetic media (aka deepfakes) with the launch of a tool for analyzing videos and still photos to generate a manipulation score.
The tool, called Video Authenticator, provides what Microsoft calls “a percentage
Klaxoon teases new interactive meeting product for video calls
French startup Klaxoon is currently testing a new product called Board. The company expects to launch Board at some point during the second half of September. Board is a new visual interface that connects directly with video-conferencing services, such as Microsoft Teams, Zoom and Google Meet.
If y
China’s logistics titan YTO nets close to $1B from Alibaba in overseas push
E-commerce has brought in a logistics boom in China over the last decade, transforming small-town delivery businesses into multinational corporations. One leading player, YTO, is gearing up for international expansion after it secured 6.6 billion yuan, or $970 million, from its long-time ally and c
3one4 Capital launches $100M fund to back early-stage startups in India
3one4 Capital, a venture capital firm in India, today announced a $100 million fund as the young investment firm looks to back more early-stage startups in the world's second largest internet market.
The new fund, third for the five-year-old Bangalore-headquartered investment firm, has already
Indonesian insurtech startup PasarPolis gets $54 million Series B from investors including LeapFrog and SBI
PasarPolis, the Indonesian-based startup focused on making insurance policies more accessible in Southeast Asia, has closed a Series B round totaling $54 million. Investors include LeapFrog Investments and SBI Investment, both firms that focus on financial services; AlphaJWC; Intudo Ventures; and X
GM, Ford wrap up ventilator production and shift back to auto business
As the COVID-19 pandemic spread to the United States, a number of automakers and other manufacturers announced plans to retrofit factories to help ease the shortage of personal protective gear and ventilators.
Now, two U.S. automakers have fulfilled their separate multi-million-dollar ventilator co
Toss Lab raises $13 million Series B for its collaboration platform JANDI, the ‘Slack of Asia’
As Slack ramps up its investment in Asia, Toss Lab, the South Korea-based creator of enterprise collaboration platform JANDI, is preparing to become a more formidable rival. The startup announced today that it has raised a $13 million Series B led by SoftBank Ventures Asia, the early-stage venture
Daily Crunch: Apple launches ‘Exposure Notification Express’ for COVID-19
Apple and Google are adding support for app-less exposure notifications, Facebook says it might block news sharing in Australia and Samsung has a new foldable phone. This is your Daily Crunch for September 1, 2020.
The big story: Apple launches ‘Exposure Notification Express’ for COVID-
Rocket Lab gains key FAA launch license for its US-based launch site
Launch provider Rocket Lab has gained a key clearance from the U.S. Federal Aviation Administration that should mean it’ll be launching from its U.S.-based facility at Wallops Island, Virginia relatively soon. As it had done before for its LC-1 launch pad in New Zealand, Rocket Lab gained a L
Amazon’s big redesign on iOS to reach all US users by month-end
The Amazon app is getting a makeover. You may have already spotted the refreshed version of the Amazon shopping app with its new color scheme and revamped navigation if you’re an iPhone user. The changes began rolling out earlier this summer to iOS users in the U.S. and are on track to reach