Australia-based Airwallex is the tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its business above $1 billion. Started in Melbourne in 2015 by four Chinese founders, Airwallex provides a service that lets companies manage cross-border revenue and financing in […]
View More Cross-border fintech startup Airwallex raises $100M at a valuation of over $1BCategory: DST Global
India’s Ola spins out a dedicated EV business — and it just raised $56M from investors
Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and it is described as being an independent business that’s backed by Ola. TechCrunch understands Ola provided founding capital, and […]
View More India’s Ola spins out a dedicated EV business — and it just raised $56M from investorsStartups Weekly: Flexport, Clutter and SoftBank’s blood money
Plus, Pinterest is going public too, Lyft’s IPO is imminent and London is home to the largest pre-seed fund ever.
View More Startups Weekly: Flexport, Clutter and SoftBank’s blood moneyDoorDash poaches Uber Eats engineering boss
DoorDash has hired Ryan Sokol, a former Uber employee credited with leading and scaling its food delivery arm Uber Eats, as its vice president of engineering.
View More DoorDash poaches Uber Eats engineering bossDoorDash is officially live in all 50 states
You can now order meals via DoorDash in Alaska, Montana and South Dakota.
View More DoorDash is officially live in all 50 statesEarnin raises $125M to help workers track and cash out wages in real time
The fintech company has raised the funds from DST Global, Andreessen Horowitz, Spark Capital, Matrix Partners, March Capital Partners, Coatue Management and Ribbit Capital.
View More Earnin raises $125M to help workers track and cash out wages in real timeFood delivery startup Swiggy raises $1 billion more from Naspers, Tencent and others
Naspers, the South African investment giant, is back at it again in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy. The new round sees Chinese internet and Naspers ally Tencent join the party, alongside fellow new investors Hillhouse Capital […]
View More Food delivery startup Swiggy raises $1 billion more from Naspers, Tencent and othersDistinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation
Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla, Alfred Lin of Sequoia and Alex Taussig of Lightspeed are backers of Faire.
View More Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuationRobinhood hires CapitalG partner to lead operations
Robinhood’s human resources department is keeping busy this month, announcing this morning that the zero-fee stock trading app and cryptocurrency exchange has hired CapitalG partner Gretchen Howard.
View More Robinhood hires CapitalG partner to lead operationsTravelPerk grabs $44M to take its pain-free SaaS for business travel global
Only six months ago Barcelona-based TravelPerk bagged a $21M Series B, off the back of strong momentum for a software as a service platform designed to take a Slack-like chunk out of the administrative tedium of arranging and expensing work trips. Today the founders’ smiles are firmly back in place: TravelPerk has announced a $44M Series […]
View More TravelPerk grabs $44M to take its pain-free SaaS for business travel globalHow the 22-year-old founders of Brex built a billion-dollar business in less than 2 years
Henrique Dubugras and Pedro Franceschi, the co-founders of Brex, have raised $125 million at a $1.1 billion valuation just four months after the startup’s public launch.
View More How the 22-year-old founders of Brex built a billion-dollar business in less than 2 yearsThe investors and founders of Yellow, 99 Taxis and Didi will talk about the new mobility race at Startup Battlefield Latin America
In the nine months since Didi acquired the Brazilian ride-hailing startup 99 in a deal that valued the company at a reported $1 billion, the market for mobility and logistics startups in the Latin American region has changed dramatically. The Didi deal was perhaps the first big acquisition for a Latin American startup in recent […]
View More The investors and founders of Yellow, 99 Taxis and Didi will talk about the new mobility race at Startup Battlefield Latin America