Goldman Sachs

Goldman Sachs-backed ZestMoney, once valued at $450M, sold to DMI in fire sale

ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 t

Goldman Sachs-backed ZestMoney, once valued at $450M, to shut down

ZestMoney, a buy now, pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors, including Goldman Sachs, is shutting down

Smartphone sales to rebound on AI gains, Morgan Stanley says

Smartphone sales will mount a comeback starting in 2024, defying growing warnings of a prolonged slump across the mobile sector, according to separate projections by Goldman Sachs and Morgan Stanley r

WSJ says the Goldman-Apple deal is dead. Apple says not yet.

Apple is quietly disputing a headline by The Wall Street Journal that claims the tech giant has “pulled the plug” on its Goldman Sachs partnership which covers the Apple Card credit card a

Candex lands $45M infusion to grow its procurement management business

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B invest

WeWork, once valued at $47B, files for bankruptcy

Flexible office-space firm WeWork has filed for Chapter 11 bankruptcy protection, listing over $18.6 billion of debt in a remarkable collapse for the once high-flying startup co-founded by Adam Neuman

India’s InsuranceDekho raises another $60M

InsuranceDekho, the insurer that was incubated within the automobile marketplace group CarDekho, has raised $60 million in a new funding round as the startup looks to supercharge its growth. Mitsubish

Apple Card’s Savings account reaches over $10B in deposits

Apple announced today that Apple Card’s high-yield Savings account offered by Goldman Sachs has reached over $10 billion in deposits from users since launching in April. The Savings account offers a

Cloud camera security startup Solink raises $60M

Solink, a company that provides physical security systems for businesses, including closed-circuit camera analytics, today announced that it raised $60 million in a Series C round led by Goldman Sachs

Gamified e-learning platform Kahoot gets $1.7B acquisition offer from Goldman Sachs, Lego and more

Big moves ahead for Kahoot, the Oslo startup that’s built a popular platform for users to create, share and play education-focused “games”, played by billions of students and adults

Goldman may be trying to bail on Apple Card

Four years after partnering with Apple on the launch of the Apple Card, Goldman Sachs may be eyeing the exits. The Wall Street Journal reports that Goldman is “looking for a way out” of it

Digibee raises $60M to help companies integrate their software apps

Digibee, a low-code integration platform geared toward enterprise organizations, today announced that it raised $60 million in a Series B funding round led by Goldman Sachs, with participation from Le

ZestMoney founders resign as Goldman Sachs-backed fintech struggles to raise funds

Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech whose ability to underwrite small ticket loans to first-time internet customers once drew the b

Apple launches Apple Card’s savings accounts with 4.15% interest rate

Apple Card customers in the U.S. can open a savings account and earn interest through an Apple saving account. To learn the specifics about Apple’s new offering, click here. When the company ori

Logistics startup Slync raises $24M, attempts to distance itself from disgraced founder

Supply chain management software startup Slync, which was at one point valued at $240 million, hasn’t had the easiest go of it lately. Slync’s founder, Christopher Kirchner, was charged by

India’s InsuranceDekho raises $150 million despite market slump

The Indian insurance platform InsuranceDekho has raised $150 million in a Series A funding round as the firm eyes merger and acquisition opportunities at a time when the market slump has engulfed most

TripActions secures $400M in credit facilities from Goldman Sachs, SVB

Less than two months after announcing a new $9.2 billion valuation, TripActions said today it has secured $400 million in credit facilities from Goldman Sachs and Silicon Valley Bank (SVB).  Specific

Locus raises another $117M for its warehouse robots

The last few years have been a major accelerator for the robotics industry at large, but warehouse robotics may be the biggest winner of all. Stay at home orders fueled adoption in the early days of t

Apple partners with Goldman Sachs to introduce high-yield savings accounts for Apple Card holders

Apple is taking a big step toward offering more banking services to its customers. The company announced today it’s partnering with Goldman Sachs to soon launch a new Savings account feature for

Cybersecurity firm Fortanix secures capital to provide confidential computing services

Companies (and VCs) spend billions of dollars on cybersecurity, but primarily focus on protecting infrastructure or endpoints. That’s not always the right approach in a world where — thank
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