Indian edtech giant Byju’s, the nation’s most valuable startup, is in talks to go public in the U.S. by merging with a blank check company led by Churchill Capital, a person familiar with the matter said. Byju’s, currently valued at about $21 billion, is seeking a valuation of over $45 billion and looking to raise […]
Grab’s SPAC splat caps off a bad week for blank-check combinations
What goes up must come down. And what goes SPAC must go splat? We’ll keep workshopping that. Regardless, shares of super app Grab took a pounding today after its SPAC combination was approved last night and began to trade this morning. Grab’s stock initially rose, before falling sharply as the day went on. By the […]
Super app Grab starts trading on supersized SPAC combination
Grab will begin trading today on the Nasdaq under the ticker symbol “GRAB.”And it raised a pile of money in the process. Billions, in fact.
Francophone African super app Gozem grabs $5M to expand and offer more services
Gozem, a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the company confirmed to TechCrunch. The Togo- and Singapore-based company received investment from AAIC, Thunes (TransferTo), Momentum Ventures (SMRT), Innoport Ventures (Schulte Group), CMC Ventures (National […]
Vauban, an AngelList-like platform for VCs and angels to run and raise funds, closes $6.3m
It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for poorly served European startups. But the reasons are fairly simple when you look at them. For starters, the US tech industry boomed in the last […]