DST Global
Zepto, an Indian quick commerce startup, has more than doubled its valuation to $3.6 billion in a new funding round of $665 million.
Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is
Paris-based Mistral AI, a startup working on open source large language models — the building block for generative AI services — has been raising money at a $6 billion valuation,…
Lapse, the app turning your phone into an old-school camera, snaps up $30M
It can cost a fortune in 2024 to find an analogue camera, buy film (and maybe special batteries) for it and take pictures that then need to be paid for…
The investment arm of the U.K. retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing rounds secured…
Peak XV, Tiger Global, others urge PM Modi to review India’s online gaming tax
Tiger Global, DST Global, Peak XV, Steadview Capital and Kotak Private Equity are among global and Indian investors that have asked Prime Minister Narendra Modi to reconsider India’s recently announced…
COVID-19 has reshaped our lives in many ways and given rise to a plethora of services tailored to these newborn needs. Waysia, an Asian grocery delivery platform, is one such…
MarqVision grabs $20M to nab counterfeiters with an AI-powered IP protection platform
As of 2020, the clothing sector lost about $27 billion in annual sales due to counterfeits, an illicit trade that results in huge losses to both brands and buyers. Clothes, accessories…
a16z-backed Shein challenger Cider is growing rapidly
Shein has shown the world how combining social media marketing, data analytics and China’s well-oiled supply chain has created a $100 billion fast-fashion behemoth. Its success naturally spawns imitators and…
Whatnot’s valuation doubles to $3.7B as livestream shopping gains popularity in US
Whatnot plans roll out additional categories for collectors, including diecast cars, stamps and action figures.
Juni jumps on $206M to help e-commerce players manage their own money better
The e-commerce market is on track to pass $5.5 trillion in revenues this year, which speaks not only to how much consumers are shopping online these days, but also to…
The B2B payments company is doubling down in both Chile and Mexico, while also eyeing new countries for expansion.
Wayflyer raises $150M on a $1.6B valuation for a new spin on providing loans to e-commerce merchants
E-commerce has continued to boom in the wake of the COVID-19 pandemic, but running an e-commerce business has also become significantly more chaotic, with unpredictable supply chains, logistics hiccups and…
Deliverect raises $150M at a $1.4B+ valuation to streamline online and offline food orders
As we have started to see the light at the end of the COVID-19 tunnel, food delivery has shaped up to continue to be a major business. In England, for…
India’s Refyne raises $82 million to help workers get faster access to wages
Refyne has raised a new financing round, just seven months after securing its previous funding, as the Bengaluru-based startup scales its platform that helps workers access their earned salaries in…
India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth
With supply chains in the automotive industry continuing to be disrupted due to COVID-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot…
Kurly lands $210M pre-IPO at a $3.3B valuation months after its last funding
Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed $210 million in a pre-IPO round from single backer Anchor Equity Partners, a Hong…
Credit-focused company Upgrade raises $280 million at $6 billion valuation
Fintech company Upgrade has raised a Series F round just four months after raising its previous round. Today, the company is announcing $280 million in new funding at a $6…
Zolve raises $40 million to help global citizens access financial services
Zolve, a neobanking startup that aims to help immigrants in the U.S. gain access to financial services, said on Wednesday it has raised $40 million in a new financing round…
Gorillas grabs ‘close to’ $1BN, Series C values the on-demand grocery delivery biz at $2.1BN
Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving activity…
Cobo, a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST…
Airwallex raises $200M at a $4B valuation to double down on business banking
Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of…
SpotOn raises $300M at a $3.15B valuation and acquires Appetize
Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast-forward to almost exactly one year…
China roundup: Tencent takes on sites trying to circumvent its age limits
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The…
This Week in Apps: OnlyFans bans sexual content, SharePlay delayed, TikTok questioned over biometric data collection
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow,…
South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation
Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 billion.…
Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels
Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time.
China roundup: Kai-Fu Lee’s first Europe bet, WeRide buys a truck startup
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Despite…
Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation
Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late…
Juni, a ‘vertical’ neobank for e-commerce and online marketing companies, raises $21.5M
E-commerce in Europe is expected to grow 30% this year to $465 billion, and that’s giving rise to a new ecosystem of services built to cater to e-commerce merchants. In…
Austin-based iFly.vc closes $46M second fund from legendary tech founders
To compete with the myriad venture capital firms in Silicon Valley, iFly.vc has a unique vantage point. Its founder Han Shen has straddled the United States and China for several…
