Rwazi to scale its market intelligence platform backed by $4 million seed funding
In emerging markets like Africa, offline retail dominates most product sales, driven by informal trade, and cash-based transactions. This makes the sourcing of data on the true market value or sizes of products a herculean task. Yet, local and international...
Goldman Sachs experiments with ChatGPT-like AI to help devs write code
The Goldman Sachs logo displayed on a smartphone.Budrul Chukrut | Sopa Images | Lightrocket | Getty ImagesGoldman Sachs is experimenting with generative AI tools internally to help its developers automatically generate and test code, the company's chief...
Sifflet raises cash to expand its data observability platform
Organizations dealing with large amounts of data often struggle to ensure that data remains high-quality. According to a survey from Great Expectations, which creates open source tools for data testing, 77% of companies have data quality issues and 91% believe...
SVB fail is double-whammy for startups dealing with plunge in venture
ChartHop CEO Ian WhiteChartHopChartHop CEO Ian White breathed a major sigh of relief in late January after his cloud software startup raised a $20 million funding round. He'd started the process six months earlier during a brutal period for tech stocks and a...
OpenAI unleashes GPT-4, SVB files for bankruptcy, and a PE firm acquires Pornhub
Welcome to Week in Review, folks, TechCrunch’s regular recap of the week in tech. GPT-4, OpenAI’s text- and image-understanding AI, might’ve dominated the headlines over the past few days. But fresh drama around Silicon Valley Bank’s collapse emerged as well....
These are the most active investors in Singapore’s startups
Which investors are writing the most checks to Singapore-based startups? Source link
OpenAI’s ChatGPT Plus subscription launches in India
ChatGPT Plus, the subscription service to access OpenAI’s text-generating AI, is now available in India. ChatGPT Plus features GPT-4, the refined AI model that OpenAI launched earlier this week. The paid tier provides customers with early access to new features...
The Climate Choice wants to make supply chain emissions more visible and more green
The World Economic Forum says that so-called ‘Scope 3 emissions,’ – or CO2 in supply chains – can make up as much as 90% of a company’s carbon footprint and worldwide more than half of all emissions can be traced back to only a handful of supply chains....
Jury’s still out on SGX’s SPAC play a year later
We look at the current state of SGX’s SPAC experiment and the US$10 million pre-series A funding round of an Indonesian auto-financing startup. Source link
SVB collapse unlikely to hit fundraising for Southeast Asia startups: VCs
SANTA CLARA, CA, US - MARCH 13: People wait outside the Silicon Valley Bank headquarters in Santa Clara, CA, to withdraw funds after the federal government intervened upon the bank's collapse, on March 13, 2023. (Photo by Nikolas Liepins/Anadolu Agency via...
Ex-Flipkart exec’s Flash app wants to be an inbox for your e-commerce needs
Email inboxes are tricky tools because over time they become hard to manage and users have to spend a lot of time searching for what they are trying to find. And if you have been using one email address everywhere, it’s also painful to change that at a later...
DCG-owed crypto exchange Luno replaces CEO, seeks outside investment
LONDON — The CEO of cryptocurrency exchange Luno is stepping aside and handing the reins to its head of operations, the company announced Wednesday.It comes as Luno's parent company, crypto-focused venture capital firm Digital Currency Group, continues to reel...
Daily Crunch: Amazon CEO says laying off 9,000 more workers ‘is best for the company long-term’
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. 🚚 Trucking is a vital industry and yet the majority of operations are operating on outdated platforms. AtoB thinks it has the...
Credable, a digital banking infra startup that wants to build Unit for emerging markets, gets funding
Embedded finance solutions in less developed markers are becoming more prominent as platforms look to provide various financial solutions to the unbanked and underserved. Banking infrastructure providers are mainly responsible for the proliferation of such...
Let’s talk about succession plans
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Maybe it’s the fact that “Succession” is back next week, or maybe it’s the...
Daily Crunch: With just $2.2B in remaining liquidity, SVB’s parent company files for bankruptcy
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Friday Crunch! There’s a persistent theory in hardware that manufacturing overseas is the cheaper/better/more efficient...
Daily Crunch: Microsoft waives its waitlist and opens up its AI-powered Bing chatbot to all
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Thursday, Crunchers! An agreement among a group of the nation’s largest banks to deposit some $30 billion with First...
Southeast Asia VC firms more impacted from SVB fallout than startups
SINGAPORE — Compared to startups, Southeast Asia's venture capital firms could see a bigger impact from the collapse of Silicon Valley Bank because finding a replacement for the U.S.-based bank in the region will be challenging."I think from a VC firm's...
SVB’s failure will have a ripple effect across technology for years
Silicon Valley Bank's collapse could have ramifications for the technology landscape over the coming years, analysts and investors said.Nikolas Liepins | Anadolu Agency | Getty ImagesSilicon Valley Bank was the backbone of many startups and venture capital...
Nigerian credit-led fintech FairMoney acquires PayForce in retail-merchant banking play
Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce), a merchant payment services that serves small businesses, as the digital lender looks to broaden its financial services proposition to merchants....
Entrepreneurs Programme Attracts Robust Startups price US$50m
NEXEA Angels Sdn Bhd (NEXEA), a Malaysia-based start-up investment company launched the Entrepreneurs Programme on 19th May 2020, in collaboration with the Malaysia Digital Economy Corporation (MDEC). It aims to bring together exclusive private groups of CEOs of local...
India’s Zomato to chop 13% of workers
The meals supply startup's CEO and founder Deepinder Goyal additionally proposed a short lived pay minimize for all the firm. Source link
Luxurious consignment retailer The RealReal lays off 10% of workforce, furloughs 15% – TechCrunch
On-line consignment firm The RealReal is the newest tech firm to put off and furlough staff amid the COVID-19 pandemic. Within the firm’s quarterly earnings report immediately, The RealReal introduced layoffs affecting 10% of its workforce and furloughs...
Ooni’s Koda 16 pizza oven is the uncommon kitchen gadget that delivers on its promise – TechCrunch
Ooni (nee Uuni), has been round for a couple of years now, however its newest oven, the Koda 16, launched in March. Identical to everybody else, I’ve been cooped up at dwelling for weeks with nothing however the entire tasks I'd get round to at some point. On...
Payments company 2C2P launches VC arm
The new entity, called 2C2P.VC, will focus on fintech opportunities across Southeast Asia. Source link
(Up to date) 2C2P units up VC arm to make strategic funding in funds corporations in Southeast Asia
(This text has been up to date with new particulars from 2C2P) Singapore- and Bangkok-headquartered funds processing firm 2C2P has established a VC arm to make strategic investments in funds and associated sectors. With the launch of 2C2P.VC, the fintech firm...