Month: November 2021

If you weren’t paying close attention, you might have expected a different result from Paytm’s IPO. After all, the company is incredibly well-funded by investors that you know by name, and the Indian fintech giant has sufficiently scaled into a global brand. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+
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Ericsson, an international networking company, decided it needed a dose of modernization and this morning announced its intent to acquire cloud communications company Vonage in a $6.2 billion deal. With Vonage, Ericsson is getting a more modern approach to communications that includes a cloud contact center, communications APIs (like Twilio’s) and a voice over internet
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The company formerly known as Facebook is delaying a rollout of end-to-end encryption across all its services until “sometime in 2023”, according to Meta’s global head of safety, Antigone Davis, penning an op-ed in the British newspaper, the Telegraph this weekend. While Facebook-owned WhatsApp has had E2EE everywhere since 2016, most of the tech giant’s services
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French startup Lydia is entering a whole new category by adding trading to its financial super app later this year. The company is partnering with Bitpanda for this feature. Lydia users will be able to buy, hold and sell American and European shares, precious metals, cryptocurrencies and ETFs. Lydia started as a peer-to-peer payment app
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John Story Contributor John Story is general counsel and chief data ethics officer at Acoustic. Previously, he served as a senior member of the legal team at Pax Labs and GoPro. Did you know your company’s data privacy practices can be a competitive differentiator? Usually, we think of competitive differentiators around the level of service
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Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as e-commerce battle intensifies in the world’s second largest internet market. Flipkart said it has signed definitive agreements to acquire a majority stake in SastaSundar, but did not disclose the size of the deal. Eight-year-old SastaSundar was last valued at
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During the garage-stage and Zoom-room days of a company’s life, fluidity can feel key to idea creation. The lack of contractual obligations is baked into how we understand the origin stories of the most famous startups. We celebrate rapid pivots, love scrappy MVPs over perfectly polished platforms and pay attention to repeat entrepreneurs who raise
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Cybersecurity platform Expel, which specializes in threat detection and response, today announced that it has raised a $140.3 million Series E funding round co-led by Alphabet’s independent growth fund CapitalG, which also led the company’s $50 million Series D round in 2020, and Paladin Capital Group, which led Expel’s Series A round in 2016. New
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Matt Cohen Contributor Founder and managing partner at Ripple Ventures, Matt Cohen is a business operator turned early-stage investor. More posts by this contributor Founders must learn how to build and maintain circles of trust with investors Matthew Mendelsohn’s accession to become Yale’s new chief investment officer marks a milestone for the rise of university
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In January, Sabre, the travel technology company that probably managed at least some aspects of your last flight and hotel bookings, announced a 10-year partnership with Google Cloud that would see it spend about $2 billion on Google’s cloud platform over that time. Sabre, like so many companies of its size, has long operated its
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Warsaw-based Packhelp has been riding the boom in ecommerce and on-demand delivery to scale a business that helps even the smallest brands wrap their wares in eye-catching custom packaging, while counting giants like H&M and UberEats among its customers, too. Since being founded back in 2015 — launching its custom packaging design platform in 2016
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Walkie-talkie, a social audio platform developed by Picslo Corp, has raised a $3.25 million seed round led by Heroic Ventures. The round included participation from TI Platform Ventures, LDVP, Partech, Diaspora Ventures, Breega, and Kima Ventures. The Clubhouse-like app launched two years ago and currently has 1.2 million active users. Picslo Corp CEO, Stephane Giraudie,
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