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Fluid Truck’s board ousted its sibling co-founders amid allegations of mismanaging funds

Venture /

Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders – CEO James Eberhard and chief legal counsel Jenifer Snyder – according to sources familiar with the matter. The shakeup, which employees have described as a hostile takeover, was led by two minority investors on the […]

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Zepto, snagging $1 billion in 90 days, projects 150% annual growth

Commerce /

Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in the next 12 months, a remarkable figure suggesting the fast-growing quick commerce market in India is showing no signs of slowing down. Palicha shared these insights during a call organized by an

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Planera raises $13.5M to help solve the gnarly problem of scheduling for construction contractors

Enterprise /

Planera, a construction-tech startup that offers scheduling and planning software for commercial construction projects, has raised $13.5 million in a new funding round. General contractors typically use legacy software such as Oracle Primavera P6 to manage commercial construction projects. These solutions require technical knowledge and do not have an intuitive interface, but contractors still use

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Viggle makes controllable AI characters for memes and visualizing ideas

AI /

You might not know Viggle AI, but you’ve likely seen the viral memes it created. The Canadian AI startup is responsible for dozens of videos remixing the rapper Lil Yachty bouncing on stage at a summer music festival. In one video, Lil Yachty is replaced by Joaquin’s Phoenix’s the Joker. In another, Jesus seemed to

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TPG nears $150M funding in India’s Eruditus at $2.3B valuation

Startups /

Eruditus, an Indian edtech startup, is in advanced stages of talks to secure about $150 million in new funding, two sources familiar with the matter told TechCrunch, in what would be the largest fundraise by an Indian education firm in years. TPG, a major private equity player, is discussing to lead the investment, the sources

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Marc Andreessen’s family plans to build a ‘visionary’ subdivision near the proposed California Forever utopia city

Venture /

The family of powerhouse venture capitalist Marc Andreessen, one of the investors behind the hoped-for California Forever utopian city in Solano County, California, is planning a substantial community development in the area, TechCrunch has learned. Andreessen is married to Laura Arrillaga-Andreessen, whose Silicon Valley real estate mogul father bought land in Solano County decades before his

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360 One lifts its valuation of India’s National Stock Exchange to $29.9B

Venture /

360 One Asset, an investor in India’s National Stock Exchange (NSE), has increased its valuation for the stock exchange to $29.9 billion, significantly higher than the $18 billion to $19 billion price tag the firm was valued at in private transactions last year.  The wealth manager, which invested in NSE through its SOF8 fund, disclosed

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Cache Energy’s mysterious white pellets could help kill coal and natural gas

Climate /

Wind and solar power have become so cheap to install, and at times so abundant, that utilities don’t know what to do with it all. Sometimes they’ll even pay the owners of other power plants not to generate electricity. In response, scientists and engineers have been racing to find inexpensive ways to store that power

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