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Diving deep into Africa’s blossoming tech scene

Jumia may be the first startup you’ve heard of from Africa. But the e-commerce venture that recently listed on the NYSE is definitely not the first or last word in African tech. The continent has an

Vertex Ventures hits $230M first close on new fund for Southeast Asia and India

Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so Singapore’s Vertex Ventures, a VC backed by sovereign wealth fund Tema

Xprize names two grand prize winners in $15 million Global Learning Challenge

Xprize, the nonprofit organization developing and managing competitions to find solutions to social challenges, has named two grand prize winners in the Elon Musk-backed Global Learning Xprize. The co

Ride-hailing firm Grab is losing its CTO

Grab is once again on the hunt for a CTO after Theo Vassilakis, the former Microsoft and Google executive who currently occupies the role, announced that he will leave the ride-hailing company this su

India’s Mfine raises $17.2M for its digital healthcare service

Mfine, an India-based startup aiming to broaden access to doctors and healthcare by using the internet, has pulled in a $17.2 million Series B funding round for growth. The company is led by four co-f

Indian state government leaks thousands of Aadhaar numbers

A lapse in security has led to the leaking of more than 100,000 Aadhaar numbers, TechCrunch can reveal. One of the web systems used to record attendance of government workers for the Indian state of J

Entrepreneur First eyes further Asia growth to build its global network of founders

British startup venture builder Entrepreneur First is eyeing additional expansion in Asia, where its operation is now as large as it is in Europe, as it expands its reach in 2019. But despite serving

LetsTransport raises $13.5M to digitize and improve last-mile logistics in India

India’s B2B supply chain is slowly shifting into the digital era. Following a $23 million investment for Moglix, which helps bring business and manufacturing procurement online, LetsTransport, a

Ola, Uber’s India rival, invests $100M in scooter rental startup Vogo

We’re familiar with Uber cozying up to scooter startups — it has bought one and invested in another — but over in India, the U.S. firm’s key rival is hatching a major alliance

India’s Meesho, which enables social commerce via WhatsApp, raises $50M

Meesho, a Bangalore-based social commerce startup, has closed a $50 million investment to grow its business in its Indian homeland ahead of future international expansion. This Series C round means th

India’s new technology infrastructure has created a platform to build domestic tech giants

In the two years since Indian social media app ShareChat raised $4 million in funding from Lightspeed Ventures the converging trends of increasing smartphone use, wireless internet connectivity, and c

Sequoia India and Accel back on-demand scooter startup in $12.2M deal

Two of India’s most prominent VCs are backing a motorbike on-demand service after Sequoia India and Accel led a $12.2 million investment in Metro Bikes. Sequoia India and Accel were joined in th

Big tech companies are looking at Hollywood as the next stage in their play for the cloud

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion-dollar business of the

TechCrunch’s Startup Battlefield is coming soon to Beirut, São Paulo and Lagos

Everyone knows there are thriving startup communities outside of obvious hubs like San Francisco, Berlin, Bangalore and Beijing, but they don’t always get the support they deserve. Last year, Te

India’s Prime Venture Partners closes new $60M fund for seed investments

India’s Prime Venture Partners has refueled its tanks for more angel investing after it announced a new fund of INR 400 crore, or around $60 million. Started by three managing partners —

WheelStreet is bringing dock-less motorbikes to India’s cities

By now the world is familiar with the rise of on-demand bicycle services, which started out with Mobike and Ofo in China, but one startup is twisting the concept slightly to bring dock-less motorbikes

Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe

B Capital, the investment firm from Facebook co-founder Eduardo Saverin backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country. The

BlackBuck closes $70M to digitize freight and logistics across India

BlackBuck, a startup that is digitizing logistics and cross-country freighting in India, has closed out a $70 million Series C round.

India’s Swiggy eats up $15M more for its food delivery business

Swiggy, one of India's top food delivery services, has refueled its tanks after raising $15 million led by Bessemer Venture Partners. The company said a number of existing investors also participated,

India’s Treebo Hotels raises $17 million for its budget hotel network

Treebo Hotels has raised $17 million led by Bertelsmann India Investments (BII) with participation from existing investors SAIF Partners and Matrix Partners India.
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