In a research note, HSBC estimates that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing. The write-down in its estimation makes Byju’s one of the most spectacular startup slides in recent memory. It follows a very rough year for the Bengaluru-based startup, which was India’s most valuable not long […]
HSBC believes that $22 billion Byju’s is now worth zero Read More »
New York-based Revel has made a lot of pivots since initially launching in 2018 as a dockless e-moped sharing service. The BlackRock-backed startup briefly stepped into the e-bike subscription business. It launched and now operates a handful of electric vehicle charging stations across the five boroughs. And it started an all-Tesla, all-employee ride-hail service, in
When you look at how generative AI is being implemented across developer tools, the focus for the most part has been on generating code, as with Github Copilot. Greptile, an early stage startup from a group of recent Georgia Tech grads, decided to take a different approach: using AI to help developers understand the code
Greptile raises $4M to build an AI-fueled code base expert Read More »
In early 2022, the fintech startup Bloom — not to be confused with the Gen Z-focused investing app, or the heavily capitalized revenue financing platform — was accepted into Y Combinator as the first-ever startup from Sudan to participate in the famed accelerator. Alongside its four founders’ track records at Amazon, Meta, IBM, and Goldman Sachs,
Amazon has agreed to acquire Indian video streaming service MX Player from the local media powerhouse Times Internet, the latest step by the e-commerce giant to make its services and brand popular in smaller cities and towns in the key overseas market. The two firms reached a definitive agreement for the deal on Wednesday evening,
Amazon buys Indian video streaming service MX Player Read More »
Dealt, a French startup formerly known as Mon Super Voisin, raised a €6 million funding round ($6.5 million at today’s exchange rate) a few months ago. More importantly, the startup went through an important pivot. And this funding round proves that this strategy was the right one. It’s an interesting lesson for early-stage founders who
Dealt turns retailers into service providers and proves that pivots sometimes work Read More »
It’s not just instant-delivery startups that are struggling. Oda, the Norway-based online supermarket delivery startup, has confirmed layoffs of 150 jobs as it drastically scales back its expansion ambitions to focus on just two markets, its homebase and Sweden, the homebase of Mathem, an online grocery that Oda merged with last year. Oda, which has
SoftBank-backed grocery startup Oda lays off 150, resets focus on Norway and Sweden Read More »
TechCrunch Disrupt 2024 in San Francisco is the must-attend event for startup founders aiming to make their mark in the tech world. This year, founders have three exciting ways to participate, each tailored to maximize exposure, networking, and growth opportunities. Here’s how founders can join us this October: Attend with a Founder Pass Investing in
Three ways founders can shine at TechCrunch Disrupt 2024 Read More »
If you’re anything like me, you’ve tried every to-do list app and productivity system, only to find yourself giving up sooner than later because sooner than later, managing your productivity system becomes another drain on your productivity. Hoop, a productivity startup founded by a group of early Trello employees, wants to use AI to help
Hoop uses AI to automatically manage your to-do list Read More »
We just announced the breakout session winners last week. Now meet the roundtable sessions that really “rounded” out the competition for this year’s Disrupt 2024 audience choice program. With five stellar sessions securing their spot among thousands of votes from across the globe, these finalists proved they’ve got what it takes to make things happen.
The votes are in: Meet the Disrupt 2024 audience choice roundtable winners Read More »
