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The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis. The influx has intensified competition in a segment expected to grow 15-20 times to annual sales of 15-20 million units […]
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Rather than grimly assembling data about cancer deaths to predict outcomes in treatment, the founders of Cure51 had another idea. They decided to turn the model around 180 degrees. Instead, the company assembles data about long term survivors of cancer, thus hoping to crack the code on what keeps people alive. It’s now raised a […]
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The field of insurance technology has had a rough time. About 7 years ago, early insurtech companies promised to disrupt the insurance industry with new tech, but today, most of those companies have either been acquired or are floundering in the public markets. Fortunately, insurtech has found a new wave to ride in the past […]
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Cowboy is better known for its sleek electric bikes that you can see in many major cities across Europe. And if you look at the persons riding those Cowboy bikes, most of the time, you’ll see a young adult heading to an office with a laptop in a backpack. That’s why the company is launching […]
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Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic investment round in September 2022. Less than two months later, in November, 2022, FTX collapsed. “We lost 80% of the operating capital on FTX. We spent […]
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Remember when you would “poke” your friends on Facebook to get their attention, annoy them or just start a poke war? Well, Facebook is trying to bring back that experience with some small updates to the poking feature. The company announced on Tuesday that it recently improved the platform’s suggestions on who to poke and […]
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Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder, Benjamin Fernandes, said they intended to build their products on this premise right from the outset. Over the last two years, the Tanzanian fintech, through its consumer fintech […]
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Ingrid — a startup out of Stockholm, Sweden, not this writer (unfortunately) — has raised €21 million, or just under $23 million, to fuel the growth of a business aiming to improve the last, messy mile of online shopping, delivery. Using data science and some big ideas about how delivery will evolve in the years […]
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Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets. Moove did not say who is leading the round, but sources close to the deal confirmed to TechCrunch that Uber led the Series B round, […]
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