Moglix launched in 2015 as an online store for tools and construction supplies, but now it’s venturing into enterprise software with the launch of GreenGST to help Indian manufacturers become compliant with the country’s new tax codes. The Noida-headquartered startup announced today that it has raised a $12 million Series B, which it will use to develop its supply chain… Read More
from TechCrunch
Tonsser, the Copenhagen-based startup that offers a vertical social network aimed at youth soccer players who want to build their own online profile and potentially get discovered by a bigger club, continues to grow at a clip, both in terms of signups but also the influence it wants to have on the beautiful game. Read More
from TechCrunch
Amazon has topped up its investment in its India business with another $260 million. The funding was disclosed in regulatory documents filed last month and first reported by Indian financial publication Mint. Read More
from TechCrunch
It isn’t often that you see startups buying chunks of large corporates, but that’s what has happened in Thailand this week. Following the closure of its $25 million ICO token sale yesterday, Asian fintech startup Omise has bulked up its core payment business after it acquired Paysbuy from Thailand-based mobile operator Dtac. The deal will see Omise take over Paybuy’s assets… Read More
from TechCrunch
Ofo, one of China’s two billion-dollar-valued bike-sharing companies, has announced that it raised a $700 million Series E funding round which is led by e-commerce giant Alibaba, Hony Capital and CITIC Private Equity. Existing backers including ride-sharing firm Didi and DST Global also took part. This is the first time Alibaba has officially thrown its lot into China’s… Read More
from TechCrunch
Where’s the best place to start a startup? It’s a perennial and somewhat intractable question entrepreneurs love to ask. And before you get your hopes up, we’ll start by saying there is no one right answer to this question. Like much in the world of startups and venture capital, it depends on a number of factors. But what we can tell is that networks matter. Read More
from TechCrunch
Blue Apron sends you the ingredients to help you cook delicious meals, but some investors are considering its shares unsavory. The meal kit delivery company, which went public on the New York Stock Exchange last week, has had a rough debut on the stock market. After significantly lowering its IPO price range, the company priced its IPO at $10 per share. The stock closed Wednesday below $9.… Read More
from TechCrunch
Startup founders deserve formal protection from sexual harassment by investors. Yet despite the clear power imbalance between these groups, traditional harassment law does not adequately shield founders since they are not technically employees of the venture capitalists. To fill this gap, venture capital firms should adopt formal investor/founder sexual harassment policies that can be… Read More
from TechCrunch
Venture capitalists need to adopt formal policies to protect startup founders from sexual harassment, assault, and discrimination throughout the fundraising process. The policy template below was created to facilitate the creation of comprehensive, enforceable investor/founder sexual harassment policies. It also seeks to lower the barrier so more people can courageously speak up against… Read More
from TechCrunch
UVeye, an Israeli startup that is building computer vision and machine learning technology to be used to help detect security threats by scanning the underside of passing vehicles, has raised $4.5 million in seed funding. The round was led by Ahaka Capital, with participation from angel network SeedIL. Read More
from TechCrunch