Indian fintech Jar, which closed a $32 million financing round in February this year, is in talks to raise new funding as it looks to scale its product and expand its offerings. The Bengaluru-headquartered startup is engaging with several investors to raise about $50 million at a $350 million valuation,
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Substack, the highly hyped newsletter platform, has ditched plans for a Series C – TechCrunch
Substack, the five-year-old newsletter platform that has aggressively positioned itself as a disruptive force in media, has abandoned efforts to raise a Series C round, the New York Times is reporting today. According to its sources, Substack held discussions with potential investors in recent months about raising $75 million
Joby Aviation secures certificate to operate commercial air taxis – TechCrunch
Joby Aviation — the publicly-traded electric air vehicle company with a current market cap of $3.1 billion — has received the necessary certification from the Federal Aviation Administration to begin on-demand commercial air taxi operations, the company said on Thursday. While it’s a significant milestone that puts Joby closer to
Indigov lands more funding to connect besieged lawmakers and their oft-frustrated constituents – TechCrunch
Republican lawmakers are facing growing anger over the deadliest mass shooting at an American school in nearly a decade yesterday, with many of their constituents expressing frustration over their repeated votes against even modest gun control reforms. Social media can’t solve the problem. Indigov, a three-year-old, 70-person New York-based startup,
Jack Dorsey steps down from Twitter’s board – TechCrunch
Former Twitter CEO Jack Dorsey’s time at the company has come to an end. Dorsey stepped down from Twitter’s board of directors Wednesday, a change that’s effective as of the company’s shareholders meeting. Dorsey had already begun to distance himself from the social media platform he co-founded, leaving Twitter’s chief
Paddle acquires ProfitWell for $200M to bring analytics and retention tools to its SaaS payments platform – TechCrunch
Sequoia Capital plays Nostradamus (again) – TechCrunch
Sequoia Capital, the storied, 50-year-old venture firm, has become known over the years for using sweeping memos to warn the founders in its portfolio about market shifts after the shift has become somewhat obvious. Still, while it’s tempting to poke fun at these missives — its “R.I.P Good Times” in
DDG has a tracker blocking carve-out linked to Microsoft contract – TechCrunch
DuckDuckGo, the self-styled “Internet privacy company” — which, for years, has built a brand around a claim of non-tracking web search and, more recently, launched its own ‘private’ browser with built-in tracker blocking — has found itself in hot water after a researcher found hidden limits on its tracking
Berlin’s Gorillas lays off 300, explores ‘strategic options’ in 4 countries as funds dry up for its $3B instant grocery play – TechCrunch
It’s crunch time in the world of instant grocery delivery, with the latest turn representing a big blow specifically in Europe. Berlin-based Gorillas, which raised nearly $1 billion dollars at around a $3 billion post-money valuation only seven months ago — today announced that it would be laying off
IP and cybersecurity disputes are top legal concerns for tech companies – TechCrunch
Andrea D'Ambra Contributor Andrea D'Ambra is a partner in Norton Rose Fulbright’s New York office and the U.S. head of Technology and the U.S. head of eDiscovery and Information Governance. Susana Medeiros Contributor Susana Medeiros is an associate in Norton Rose Fulbright’s New York office and member of the information governance, privacy and cybersecurity