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An Indian SaaS startup, which is increasingly courting clients from outside of the country, just raised a significant amount of capital to expand its business. Hyderabad-based Darwinbox, which operates a cloud-based human resource management platform, said on Thursday it has raised $15 million in a new financing round. The Series B round — which moves …
September 26, 2019 | by RaheelInsurtech startup Elma has closed a €3 million (~$3.2M) Series A funding round led by Mangrove Capital partners to build out a digital-first health insurance business starting with Spain, its domestic market. Also investing in the Series A are a number of unnamed local investors focused on the healthcare space, along with Barcelona-based investor and …
September 25, 2019 | by Raheel2What’s in a name? More than two years ago, Fast Company published a story with the headline “Two Ex-Googlers Want To Make Bodegas And Mom-And-Pop Corner Stores Obsolete.” The focus of the story was a nascent startup by the name of Bodega . The company had raised $2.5 million in funding from First Round Capital’s …
September 25, 2019 | by RaheelThe meal replacement company Soylent Nutrition, Inc. has added a mint chocolate flavor to its line of drinks and snacks. “Our new Mint Chocolate Drink requested by our fans was engineered by Soylent’s hard-working team, with the complex tastes of humanity in mind,” said Andrew Thomas, Soylent’s VP of Brand Marketing, in a statement. In …
September 25, 2019 | by RaheelCongratulations to all the motivated hackers, coders, devs and designers who took action and secured their spot in the TechCrunch Hackathon at Disrupt San Francisco 2019 on October 2-4. We limited participation to 800 people, and we’re thrilled that the event is completely full. We can’t wait to see what 800 of the world’s best code warriors create …
September 25, 2019 | by RaheelHello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate and Alex were back at TechCrunch’s San Francisco HQ to huddle over the week’s biggest news story: WeWork’s infamous CEO exiting his role. Adam Neumann is now merely the non-executive chairman of The We Company, a firm that …
September 25, 2019 | by Raheel“Make their metrics your metrics” is one of Flexport CEO Ryan Petersen’s mantras. Sometimes that means building free software for your clients. It can be frustrating aligning your fates with a fellow business if they operate on email, phone and fax like much of the freight-forwarding industry that gets pallets of goods across the world …
September 25, 2019 | by RaheelThe Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. CEO ouster, looming layoffs and devaluation turn WeWork into cautionary tale Adam Neumann succumbed to pressure yesterday to step down as …
September 25, 2019 | by RaheelVox Media announced yesterday that it’s acquiring New York Media, making it the new owner New York Magazine, as well as digital offshoots like The Cut and Vulture. The companies said Vox Media’s chairman and CEO Jim Bankoff will continue to lead the combined organization, while New York Media CEO Pam Wasserstein will become president …
September 25, 2019 | by RaheelThere is no more important savings asset for most American families than owning a home, but the dream of ownership has turned into a nightmare. Homeownership, which peaked in 2004 at around 70%, hit its nadir after the global financial crisis, reaching 63% in 2016 according to data from the St. Louis Federal Reserve bank. …
September 25, 2019 | by Raheel