SoftBank-backed Oyo files for $1.16 billion IPO

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, […]

Offchain Labs raises $120 million to hide Ethereum’s shortcomings with its Arbitrum product

As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping into the blaring scaling issues faced by decentralized apps on the Ethereum blockchain. The popular network has seen its popularity explode in the past year but its transaction volume has stayed […]

With investors like Lightspeed and The Chainsmokers, Mexican neobroker Flink raises $57M to boost financial inclusion in LatAm

Flink, a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners. The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel. Existing backers Accel, ALLVP, Clocktower and new investor Mantis Venture Capital (founded by The […]

Buildots raises $30M to put eyes on construction sites

Buildots’ technology automatically validates images captured by hardhat-mounted 360-degree cameras, detecting any gaps between the original design and what’s actually happening on construction sites.

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