Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as e-commerce battle intensifies in the world’s second largest internet market. Flipkart said it has signed definitive agreements to acquire a majority stake in SastaSundar, but did not disclose the size of the deal. Eight-year-old SastaSundar was last valued at…
Primer Sazze Partners, a San Jose-based venture capital firm, announced today it has raised its second fund at $127 million (150 billion won) to invest in startups founded by Korean entrepreneurs in Asia and North America. South Korea-based conglomerate LG Corporation and Hana Financial co-led the second fund, with participation from a number of Korean…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for November 18, 2021. Today we’re talking how audio turns into the written word and how to stop watching certain video content if you can’t, ahem,…
An electric vehicle is, essentially, just ‘software on wheels’, and requires lots of moving parts, not physical but, of course, virtual. That software needs to continually optimize the performance, efficiency, and safety of the EV it’s running. But a problem has arisen: Not enough auto-makers unpack their software for others to help improve it. So,…
Millions of small businesses globally, especially in emerging markets, have stayed offline for the better part of the past decade. Due to that, most of them still rely on scribbles using pen and paper or ledgers for bookkeeping and storing important information. In Nigeria, some go to the extent of keeping information offhand. All these…
Baidu keeps ramping up its autonomous driving ambitions. The Chinese tech company made its name in search engines and still relies greatly on search ads for revenues. But it’s hoping that its heavy bet on autonomous driving will pay off down the road. Apollo Go, Baidu’s robotaxi service, aims to be in 65 cities by…
Facebook, errr Meta, showed off a new prototype haptic feedback glove yesterday, which they detailed could eventually bring a new generation of AR/VR users closer than they’ve ever been to digital content. Today, a VR startup with that same mission called HaptX (which we’ve covered here before) released a fairly aggressive statement accusing Meta of…
One of the best parts of being a journalist is getting to pepper experts with whatever questions you have in mind, allowing you to learn lots, often quickly, about much. The downside to that upside is that you often wind up knowing just enough to be dangerous as a journalist, but not enough to not…
According to a 2019 report by Deloitte, about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. However, expensive value-added services like credit cards do not…
Porsche saved the versatile and performance-focused GTS for its last two variants of the all-electric Taycan. The German automaker unveiled the Taycan GTS sedan and a new third body style called the Taycan GTS Sport Turismo in an event Tuesday evening ahead of the Los Angeles Auto Show, rounding out the robust Taycan vehicle portfolio.…
