Tag Archives: TechCrunch

PhonePe aims to be a top Google Play alternative in India — but it has a challenging road ahead

Walmart-backed PhonePe is set to launch its Android app store this week with zero commission for in-app purchases for developers. The app store is based on Indus OS’ tech, a company that PhonePe acquired in 2021. In this story, we … Continue reading

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Nigerian digital bank FairMoney in talks to buy Umba in $20M all-stock deal, sources say

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell … Continue reading

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US, UK authorities claim seizure of LockBit ransomware gang’s dark web leak site

A coalition of international law enforcement agencies, including the FBI and the U.K.’s National Crime Agency, have disrupted the operations of the prolific LockBit ransomware gang. LockBit’s dark-web leak site — where the group publicly lists its victims and threatens … Continue reading

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Planity raises $48 million because even hair salons need their own SaaS product

If you’ve ever traveled in rural areas in France, you may have realized a French peculiarity. Even in the seemingly less populated towns, there’s a hair salon. French startup Planity has been taking advantage of France’s love affair with hair … Continue reading

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Singapore-based fintech Xalts acquires digital trade platform Contour Network

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but … Continue reading

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TechTaka raises $9.5M for its e-commerce fulfillment service

TechTaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding from a sole investor, Altos Ventures.  The outfit helps e-commerce … Continue reading

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Struggling database company MariaDB could be taken private in $37M deal

MariaDB is the subject of another potential takeover bid, as the company behind the eponymous open source relational database management system (RDBMS) confirmed it had received a provisional offer from California-based K1 Investment Management. K1 quietly revealed on Friday that … Continue reading

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Building a startup is like building a house

The journey of building a startup is an adventure filled with unexpected twists and turns, much like the construction of a dream home. © 2024 TechCrunch. All rights reserved. For personal use only.

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Dili wants to automate due diligence with AI

Stephanie Song, formerly on the corporate development and ventures team at Coinbase, was often frustrated by the volume of due diligence tasks she and her team had to complete on a daily basis. “Analysts burn the midnight oil working hundreds … Continue reading

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SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture 

SoftBank Group’s Masayoshi Son has made no secret of his intent to double down on red-hot artificial intelligence industry. Now, he’s fundraising for his next move in that strategy. According to a report in Bloomberg, the SoftBank founder is seeking … Continue reading

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