Companies hoping to dip into the coffers of the Biden Administration’s $7.5 billion EV charging initiative will have to meet a new set of requirements that even Tesla has agreed to. The Biden Administration laid out Wednesday the final standards for its plan to build a national network of 500,000 electric vehicle chargers along highways,…
There are as many link-in-bio tools available for creators as the number of links they typically display on their pages. But there is one more addition to it. Sequoia-backed startup Bento is launching its tool to let users display their work in an elegant way across both desktop and mobile. Bento, which has been under…
Most merchants in South Korea keep track of their international shipping logistics via email until their cargo safely gets to its destination. This includes all the administrative processes, from shippers to importers, and covers logistics, customs, charges and transportation booking. Portlogics, a South Korean digital freight forwarder that offers a robotic process automation-based forwarding management…
The last time hydrogen-laden flying vessels zipped around the heavens didn’t end all that well, but that isn’t stopping Heven Drones from fueling up its H2D55 drone. The company claims the octacopter can fly for over an hour and a half, with a payload of 7 kg (15 lbs). The drones are built to spec, and…
Portão 3 was founded as a corporate travel startup in 2020 and had released its product just as COVID hit Latin America and “all airports closed,” recalls co-founder Bianca Pereira. Although the timing was “terrible,” she said, the company didn’t give up. Pereira and fellow founder Fernando Nery concluded that the software that Portão had…
As many as 2.8% of Africans are insured, which is less than half the global average of 6.3%, making it the least insured continent in the world. Despite the abysmal number, there’s some good news. According to a McKinsey report, most African countries have experienced double-digit insurance growth in CAGR in local currency over the…
The Indian insurance platform InsuranceDekho has raised $150 million in a Series A funding round as the more than a decade old firm eyes merger and acquisition opportunities at a time when the market slump has engulfed most startups in the South Asian nation. Goldman Sachs Asset Management and TVS Capital co-led the 13-year-old startup’s…
One of the biggest complaints in the crypto world is that using the technology is, you know, kind of difficult. Users typically have to download a crypto wallet to transfer funds from one place to another or buy an NFT, something many find so challenging to access that they just don’t bother. As the ecosystem…
Twilio just announced that it will be conducting a round of layoffs that will impact around 17% of its global workforce. The company will also restructure its internal organization and create two business units — Twilio Communications and Twilio Data & Applications. Today’s news must be particularly difficult for Twilio employees as the company already conducted…
The public transport sector in Kenya is largely traditional and a majority of operators, especially those in road travel, still require their clients to physically book tickets at their offices even when making advance travel plans. Others do not have provisions for seat reservation. Looking to bridge the gap, booking platforms are emerging in the…
