Founders of Lifelong Online have bought back a majority ownership and control in the Indian house of brands from Thrasio in what appears to be a retreat for the “Amazon aggregator” from the key overseas market. Existing investors of Lifelong, Tanglin Venture Partners and Hero Enterprise, also increased their ownership in Lifelong Online. Thrasio will…
Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday, as it pushes ahead to scale up its AWS business in the key overseas market at a time when it has cut several other spendings in the region. The company, which has earlier invested $3.7 billion…
The Legend of Zelda: Tears of the Kingdom has only been out in the wild for a few days at this point, marking a mere sliver of the time players will spend unfolding Hyrule’s fresh secrets in the coming months — and even years, if Breath of the Wild is any indication. For anyone avoiding…
Varda Space Industries, the in-space manufacturing startup that wants to revolutionize the production of pharmaceuticals, semiconductors, and more, is in the process of raising $25 million in new capital that would put its valuation at around $500 million after investment, according to documents viewed by TechCrunch. The fundraising comes at a crucial time for Varda, which is preparing to send…
Google said on Wednesday that its Google Play’s payments policy is compliant with the Indian watchdog’s order and it is moving ahead with plans to enforce the policy in the South Asian market, weeks after some developers sought to suspend Google’s in-app billing fee system alleging it was not compliant with the watchdog’s directive. “In…
According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. That puts the onus on Ora to make sure its patients, mostly millennials who live in cities, have a good experience. Ora wants to perform with verticals…
Christian Owens Contributor Christian Owens is executive chairman and co-founder of Paddle, a payments infrastructure provider for SaaS businesses. Following the valuation collapse of the last 12 months, the phrase “efficient growth” is reverberating around SaaS boardrooms worldwide. Every software leader is seeking to boost revenues, cut costs, and demonstrate a clear path to profitability.…
Bird Buddy, the AI-powered smart bird feeder, is bringing the popular pastime of bird-watching into the digital age — and growing its line of products in support of the hobby. With the startup’s original affordable bird feeder, connected camera, and companion mobile app, birdwatching enthusiasts and newcomers alike can view photos and videos of bird…
A team of ex-Googlers is today launching a new digital creativity platform, Rooms.xyz, into beta testing. The startup, backed by $10 million in seed funding led by a16z, offers a browser-based tool for designing 3D spaces — or “rooms” — using drag-and-drop, editable objects or code, allowing users to express themselves through creative play as…
Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 million in pre-Series B funding, led by Headline Asia. Participation came from returning investor Monk’s Hill Ventures, which led Jenfi’s Series A two years ago, ICU Ventures, Granite Oak, Korea…
