Oyo is ready to explore the public markets. The eight-year-old Indian budget hotel giant has filed the paperworks (PDF) with the local market regulator for an initial public offering, in which it is seeking to raise about $1.16 billion. The Gurgaon-headquartered startup — which offers an operating system of sorts to help hoteliers accept digital bookings, payments, […]
Forta launches with $23M to bring better security to smart contracts
Blockchain cybersecurity startup OpenZeppelin this morning announced a $23 million investment in Forta, a security service aimed at smart contracts. Andreessen Horowitz led the round, which OpenZeppelin CEO and co-founder Demian Brener described as 3x oversubscribed. The investment also attracted capital from Coinbase Ventures, True Ventures and Blockchain Capital, among others. Per Brener, OpenZeppelin will […]
Accel, Tiger and Stripe’s COO back Mexico City-based Higo as it raises $23M for its B2B payments platform
Just six months after raising $3.3 million in seed funding, Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel. Tiger Global Management also participated in the financing, along with existing backers Haystack, Homebrew, Audacious, Susa Ventures and J Ventures. A number of angel investors also put […]
Warby Parker makes it clear that direct listings are unicorn-friendly
Warby Parker not only listed, but did so at a price point that was above its final private-market valuation, and its shares appreciated rapidly during its first day of trading.
Investible launches $100M AUD fund for early-stage climate tech startups
Investible, the Sydney-based early-stage venture firm known for investments in Canva and other top Australian startups, announced today it is raising a $100 million AUD (about $72.3 million USD) Climate Tech Fund. This is the first time Investible has launched a sector-focused fund. It’s first two funds, including a $50 million AUD one closed earlier […]
Read AI raises $10M, creates virtual meeting dashboard to show you when you talk too much
Read Dashboard sits in virtual meetings to measure engagement, performance and sentiment among participants.
What Amplitude’s direct listing says about IPO pops (and how startups can avoid them)
If you care about the value of private companies and how they are priced, this is for you. If you do not, please read anything else; you are going to be bored out of your socks.
Finding fraud in a world of fast-moving deals
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. We got the crew together — Natasha and Danny and Alex — this time ’round to talk fraud, one of our favorite topics. Sure, we’ve riffed on the ups and downs at Luckin, and we’ve spent more time talking about WeWork’s implosion than […]
Employee leave startup Cocoon launches after raising $20M in new funding
The platform is available in across all 50 states and is designed for any type of employee leave, like parental, medical, caregiver or bereavement.
Gamitee becomes Joyned as it secures $4M for social shopping platform
Joyned turns retailer websites into mini social media platforms where shoppers can show friends their potential purchases and shop together without leaving the site.