The Latest

Singapore-based e-commerce platform Carousell lays off 10% of staff

Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs

Are we bullfighting in Spain? Because that’s a red flag

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. For the last time in 2022, the whole Friday gang got together

Zylo, a SaaS management platform, raises $31.5M

Software-as-a-service (SaaS) subscriptions have become a fixture of the modern enterprise; organizations with more than 1,000 employees use over 150 SaaS apps on average, according to BetterCloud. Ful

Smoodi closes $5M to expand reach for its robotic smart blender

Co-founders Pascal Kriesche and Morgan Abraham call smoodi, which came out of Harvard Innovation Labs, a “healthy smoothie store-in-a-box.”

Learn about Orbital Reef and the LEO economy at TC Sessions: Space

Just four days stand between you and a deep space exploratory mission right here on planet Earth. We’re talking about TechCrunch Sessions: Space, of course, which lifts off on December 6 in Los Ange

Treasury management should be top of mind for startup founders

Liquidity is your company’s lifeline. With it, you have a fighting chance of achieving your vision, but when you're out of money, you're on the course to ruin.

OpenAI’s ChatGPT shows why implementation is key with generative AI

It’s probably not a secret to those doing a lot of focused work in the space, but when it comes to generative AI, it’s quickly becoming apparent that how a user interfaces with generative

India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others

The digital loans business in India has been the subject of a lot of controversy, not least for over-predatory and un-transparent practices, yet that’s existed alongside the rise of a handful of

India won’t enforce payments market share cap until 2025 in win for Google and Walmart

India won’t enforce a check on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising extension to the deadline that analysts say is a m

LineupSupply updates its app to generate Instafest-styled posters via your Spotify

In the last week or so, a web app named Instafest went viral. Instafest lets you generate festival posters from your Spotify listening history. Millions of people started generating their own festival

Shein jumps on the third-party brandwagon with Alibaba veteran

Shein, the ultra-fast fashion giant that’s taken the globe by storm, has brought on another heavyweight executive to help steer its ship. It lately onboarded Jessica Liu, former co-president at

Twitter-backed ShareChat to shut down fantasy sports app Jeet11, eliminate some jobs

Indian social media startup ShareChat, backed by Twitter, Tiger Global and Temasek, is shutting down its fantasy sports platform Jeet11 and has laid off some employees. People familiar with the matter

Kenya’s Uncover raises $1M to expand skincare product enterprise across Africa

Africa’s beauty and personal care market is growing, accelerated by its burgeoning young and fashion-conscious population, increased spending power and urbanization. The market’s potential has in

Mozilla acquires Active Replica to build on its metaverse vision

An automated status updater for Slack isn’t the only thing Mozilla acquired this week. On Wednesday, the company announced that it snatched up Active Replica, a Vancouver-based startup developin

Elon Musk suspends Kanye West’s account for breaking Twitter rules

Elon Musk has suspended Kanye West’s (aka Ye) Twitter account after the latter posted antisemitic tweets and violated the platform’s rules. In a reply to Mega founder Kim Dotcom, Musk clar

Tesla reveals long-awaited Semi truck and begins first deliveries

Tesla delivered Thursday evening the first production versions of its long-delayed electric Semi truck five years after CEO Elon Musk revealed the commercial vehicle. The first Tesla Semi trucks were

This secondary markets expert says we haven’t hit bottom yet

Earlier today, we talked with Phil Haslett, the co-founder and now chief strategy officer of EquityZen, a 10-year-old, New York-based secondary marketplace that connects accredited buyers with private

Boundary Layer pivots from container ships to hydrofoiling personal watercraft

Boundary Layer, which was gunning for local air freight, and announced a slew of launch partners earlier this year, today announced a shift in strategy, with some high-performance foiling personal wat

To da moon: Emm aims to innovate on the menstrual cup

Menstrual cups (sometimes known as “moon cups”) have been around since the 1930s, and it’s been a bloody long period since we’ve seen much innovation in that category. Emm just

Rocket Lab carves off defense-focused subsidiary for national security customers

Launch provider Rocket Lab is establishing a subsidiary to handle its sensitive U.S. government business, like launching spysats and experimental military spacecraft. Rocket Lab National Security LLC
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