Bolt

Bolt CEO addresses startup’s performance in wake of lawsuit, says merchant numbers are up 192% YoY

After a week of making headlines, one-click checkout startup Bolt has issued a public response to questions about how it’s faring in the competitive space. CEO Maju Kuruvilla issued a blog post toda

Bolt’s future in Tanzania uncertain after 15% service fee order

The future of Bolt, the Estonia-based ride-hailing company, in Tanzania is hanging in the balance following a new 15% service fee order that went into effect Friday last week. Bolt, Uber’s main riva

New VC firm Baukunst spools up to invest in ‘creative technologists’

Aptly, Baukunst — named after the German word for “the art of building” — is looking to invest its freshly raised fund into founders who are “elevating the art of buildin

Didi cancels its trip in South Africa

Didi Chixung, the Chinese ride-hailing giant, has today shut down its operations in South Africa (SA), a year after it launched in the country, marking its entry into the continent. A Didi official in

Daily Crunch: Tata Group releases ‘super app’ that bundles 11 consumer services

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

GM to pitch perks of Bolt EV to baseball fans on Opening Day

After recalling 14,000 Bolts due to a fire risk, GM wants U.S. customers to know that Chevrolet is back in business. Chevy is announcing the return of the all-electric Bolt sedan and utility vehicle w

Whither the paper unicorns?

In a sense, the 2022 question regarding how many paper unicorns will wither, and where they are headed, is basically the inverse of the 2021 unicorn IPO market.

Sleek wants to be the last shopping check-out form you ever fill out

Sleek is developing a browser extension enabling one-click checkout and cash-back savings.

SafeBoda bets on super app to boost recovery from pandemic slump

Powered by 25,000 motorcycle taxis at the start of 2020, SafeBoda was at its peak, ferrying thousands of pillion passengers in cities across Uganda and Nigeria. And then the COVID pandemic hit, throwi

When the founder becomes the story

A year ago, few knew the brand Bolt, a checkout technology company that was founded in 2014, nor its founder, Ryan Breslow, a seemingly archetypal Silicon Valley type: smart, strong-willed and a colle

Taxing crypto only makes it stronger

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We had the full crew aboard today, headed by our killer produc

Following his fiery Twitter tirades, Bolt founder Ryan Breslow is no longer CEO — and he says it’s his choice

Ryan Breslow, who founded the “one-click” checkout tech company Bolt as a Stanford student and dropped out of college to build it, is stepping away as the company’s CEO seven years i

Asset financiers to the rescue as Bolt plans to sign-up 200,000 new drivers in Africa to meet growing demand for ride-hailing services

Bolt, the Estonian mobility tech company that recently closed a huge round, is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks-off expansion to more cities within it

Tom Brady’s buzzy celebrity NFT startup Autograph banks $170M from Silicon Valley’s top crypto investors

Autograph, an NFT agency co-founded by athlete Tom Brady with a particularly deep bench of star power, has banked new funding from crypto investors who hope the platform can bring a new generation of

Fresh round of $355M lifts online checkout company Bolt into decacorn territory

This newest raise comes just three months after Bolt took in a sizable $393 million in Series D funding.

Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app

Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. Bolt — the startup and app

Nigerian mobility-tech startup MAX bags $31 million in Series B round, set to expand across Africa, build EV infrastructure

Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races toward formalizing the continent’s transportation sector after securing $31

Maev secures $9M; will have your dog howling for more of its raw pet food

Now with the new capital in hand, CEO Katie Spies plans to “put a foot on the gas” to push its 20% month over month growth to 25%.

Bolt makes first acquisition with Tipser, launches ‘Remote Checkout’

The ability to purchase something at the point of discovery from digital content exists, but Bolt is ready to give that purchase its “one-click” treatment.

Didi expands, inDriver monetizes to rival Uber, Bolt in Africa

The on-demand transport space in Africa has evolved since San Francisco-based ride-hailing firm Uber first set up operations in South Africa in 2013, setting the stage for its foray across the contine
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