Indian fintech Jar, which closed a $32 million financing round in February this year, is in talks to raise new funding as it looks to scale its product and expand its offerings. The Bengaluru-headquartered startup is engaging with several investors to raise about $50 million at a $350 million valuation, according to four people familiar…
Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. One of the startups working towards this vision is Zimbabwe’s…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. It’s Thursday, May 26, 2022, and we have a busy day of news on the site today. Here are the gems sparkling in the spotlight of our journalistic gaze. For later in…
In a new court filing, Epic Games challenges Apple’s position that third-party app stores would compromise the iPhone’s security. And it points to Apple’s macOS as an example of how the process of “sideloading” apps — installing apps outside of Apple’s own App Store, that is — doesn’t have to be the threat Apple describes…
Joby Aviation — the publicly-traded electric air vehicle company with a current market cap of $3.1 billion — has received the necessary certification from the Federal Aviation Administration to begin on-demand commercial air taxi operations, the company said on Thursday. While it’s a significant milestone that puts Joby closer to its stated goal of launching…
Republican lawmakers are facing growing anger over the deadliest mass shooting at an American school in nearly a decade yesterday, with many of their constituents expressing frustration over their repeated votes against even modest gun control reforms. Social media can’t solve the problem. Indigov, a three-year-old, 70-person New York-based startup, can’t solve it either, but…
At this point, it’s no secret: Gaopeng (Groupon’s nascent effort in China) is a train wreck. By September of this year, the seven-month old endeavor had already accumulated $46.4 million in net losses with just $2.1 million in revenue. Meanwhile, a number of competitors in the region are predicting profitability within months. In today’s “Attack…
The National Football League is expected to launch its own streaming service, NFL+, as early as July, according to a report from the NFL owner meeting in Atlanta by Sports Business Journal (SBJ). The platform will reportedly cost around $5 per month and will feature live games on mobile phones and tablets as well as…
There’s a vast unmet demand for medical consultation in developing markets like Egypt due to low doctor supply. As of 2018, Egypt’s doctor to citizen ratio stood at 1:2,000; you can paint a picture when you walk into any government hospital and see long queues. These problems and pandemic-changing habits have resulted in an uptake…
You probably know Dyson for their vacuums, or maybe that too-powerful dryer you’ve tentatively stuck your hands in while waiting for a flight. Maybe you’ve seen their hair dryers or fans. Dyson is a company that develops premium products that move air around. Basically, if they don’t suck, they blow. Recently, the firm expanded with…
