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How newcomer River plans to fill a gap in India’s competitive EV two-wheeler market

Two-wheelers have long been a cornerstone of life in India — their smaller size and affordability make these traditionally gas and diesel-powered vehicles a go-to means of navigating the traffic-jam

Station F adds an online program to educate the next generation of entrepreneurs

Station F, the big startup campus located in Paris, is launching an online component called Launch by Station F. With this new program, entrepreneurs from anywhere can get started and learn all the ba

Germany’s FlixMobility acquires Greyhound Lines, the iconic U.S. bus company, in $78M deal

FlixMobility, the $3 billion-German transportation startup that has doubled down on long distance buses and slowly and quietly gobbled up transit lines and operations across Europe, today announced a

Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo

Just over five months after raising a $9 million seed funding round, Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management.

Tencent backs Indian social media Lokal

Indian hyperlocal social media platform Lokal has raised $12 million in a new round of financing led by Chinese internet conglomerate Tencent, according to a source familiar with the matter. Existing

Ventures Platform, Hustle Fund back Nigerian fintech Brass in $1.7M round

Small and medium enterprises make up more than 95% of all businesses in Nigeria. But despite their sheer size and importance, a majority of them are underserved by financial institutions and lack the

Meal planner startup Kitchenful raises $1.9M from VentureFriends, Goodwater Capital and Jabbar

With the pandemic turning us into delivery experts, consumers have also switched on to meal kits in droves, given that it combines both delivery and home cooking. But many meal kits can be inflexible.

Trump to launch his own social media platform, calling it TRUTH Social

Former U.S. President Donald Trump announced Wednesday he will launch his own social media platform, TRUTH Social, according to a press release by Trump Media and Technology Group (TMTG).  Trump&#82

Corporate learning platform 360Learning raises $200 million

360Learning has raised a $200 million funding round from Sumeru, SoftBank’s Vision Fund 2 and Silver Lake Waterman. And this time, the name of the startup describes quite well what it does. 360Learn

Customer engagement platform Batch raises $23 million after years of bootstrapping

If you’ve been working in the French tech ecosystem, you may remember a startup called AppGratis. The app discovery and promotion startup basically had to stop operating overnight following a long a

Doyobi, a Singapore-based edtech startup focused on teachers, gets $2.8M seed

The edtech boom has focused primarily on students, but teachers are learners, too. Doyobi, a Singapore-based professional development platform, wants to give educators new, more engaging ways of teach

Tesla has 150,000 cars using its safety score tool

Nearly 150,000 Tesla cars are using the company’s new “safety score,” a tool rolled out last month to determine whether owners can access the beta version of its “Full Self-Driving

Gillmor Gang: All Things Must Pass

It’s been several weeks now, and Clubhouse still hasn’t enabled record/replay. Neither has Twitter Spaces. Facebook just announced a live audio entry too, but no record. With all the drama

Elon Musk’s Boring Company gets initial OK to expand Loop under Las Vegas Strip

Elon Musk’s Boring Company received Wednesday the initial approval required to build a transportation system that would shuttle passengers in Tesla vehicles via a network of tunnels under Las Ve

Mission-driven ventures are growing fast during the pandemic

You’ve heard of SPACs, meme stocks and buy now, pay later, but have you heard of the LTSE, First Women's Bank and Upsolve?

Tesla will only use iron-based batteries for standard model EVs

Tesla said Wednesday it will use iron-based batteries for its standard Model 3 and Model Y models across global markets. The update, provided in the company’s third-quarter earnings report, conf

PayPal picking Pinterest puts us in a parsing pickle

Look, we don’t get it either. Taking some time as a group to sit around and chat through the possibly impending PayPal-Pinterest deal, Natasha and Alex didn’t wind up cracking the story. W

Daily Crunch: PayPal reportedly considers buying Pinterest at a $39B valuation

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Snapchat to introduce family safety tools to protect minors using its app

Following moves by major tech platforms to better protect minors using their platforms, Snapchat is preparing to introduce its own set of “family engagement” tools in the coming months. Sn

Tesla charges forward with a record quarterly profit of $1.6 billion

Tesla continued its profitability streak, reporting Wednesday net income of $1.62 billion in the third quarter, a nearly fivefold increase from the $331 million it earned in the same period last year.
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