Startups

Flashfood users can now save money on groceries at their local grocery store in addition to bigger chains

Flashfood, an app that provides people access to discounted food close to its best-by date, announced Tuesday that independently owned grocery stores are now on the app, enabling a larger number of shoppers to buy budget-friendly groceries. This is a notable move for the company, as small and independently owned grocery stores play a crucial

Flashfood users can now save money on groceries at their local grocery store in addition to bigger chains Read More »

India scraps ‘angel tax’ in boost to startups

India’s federal government has removed the controversial “angel tax” for all classes of investors, delivering a major victory to the country’s startup ecosystem that had lobbied for years against the measure. “To bolster the India startup ecosystem, to boost entrepreneurial spirit and support innovation, I propose abolishing angel tax for all classes of investors,” Finance

India scraps ‘angel tax’ in boost to startups Read More »

The Scene’s new app helps New Yorkers find dining and nightlife spots

Choosing between New York City’s nearly 25,000 restaurants can be overwhelming. The pressure is especially high when you’re trying to impress a first date (or investor) or entertain family from out of town. A new app launched over the weekend to address precisely that. iOS-only “pocket concierge service,” The Scene, uses machine learning to match

The Scene’s new app helps New Yorkers find dining and nightlife spots Read More »

Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others

Ask anyone who’s ever closed out the books at the end of the month, what that experience is like, and you’ll get a deep sigh that says, reconciliation is the bane of existence. That’s especially true for a business with hundreds, thousands or hundreds of thousands of transactions a month. Fragment is a startup that

Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others Read More »

M&A activity heats up with Wiz, Graphcore, etc.

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.  Most interesting startup stories from the week Shortly after Google parent Alphabet reportedly abandoned its ambitions to purchase online marketing software company HubSpot, the tech giant decided to pursue another big acquisition. This time, Google is in

M&A activity heats up with Wiz, Graphcore, etc. Read More »

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital

Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder was sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $21 million and its Q1 2024 revenue stood at $5 million, the

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital Read More »

How a B2B payments startup won Max, Jack and Sam Altman, JP Morgan as investors

It’s not everyday that OpenAI founder Sam Altman teaches your class at Stanford, but that’s the kind of entrepreneurial spirit Lawrence Lin Murata, co-founder and CEO of Slope, tapped into as he and Alice Deng build their B2B payments company. “We met back in 2016 when he taught a class called ‘How to Start a

How a B2B payments startup won Max, Jack and Sam Altman, JP Morgan as investors Read More »