Indian game streaming startup Loco said on Thursday it has raised $42 million as it looks to build, per its conversations with investors, “Twitch for India.” Hashed, Makers Fund, Catamaran Ventures, Krafton and Hiro Capital invested in the startup’s Series A financing, which gives the startup a pre-money valuation of about $150 million, according to…
It’s up, up, and away for another SpaceX Starlink mission. At 5:45 this morning PST, a Falcon 9 rocket lifted off from Space Launch Complex 40 at Cape Canaveral in Florida, adding 48 new satellites to SpaceX’s 2,000-strong constellation of internet-providing devices orbiting the Earth. This launch was the fourth for the booster, which landed…
Facebook announced today that it’s rolling out new features to help Facebook Group administrators keep their communities safe, manage interactions and reduce misinformation. Most notably, the company has added the option for admins to automatically decline incoming posts that have been identified as containing false information by third-party checkers. Facebook says this new tool will…
Mara, a São Paulo-based startup that aims to “reinvent” the grocery shopping experience for the underserved in Latin America, has raised $6 million in a funding round co-led by Canary and Caffeinated Capital. This round caught my attention for a few reasons. For one, Mara was founded by Danilo Mansano and Ariel Lambrecht, the latter…
Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said. The startup, which was valued at $10.7 billion in its Series K financing in January this year, is looking to raise as much as $1 billion in the IPO,…
Twitter is introducing a new tool for creators called the “Creator Dashboard,” the company announced on Tuesday. The social media giant says the new tool is designed to help creators analyze how they make money on Twitter and how much they’re earning from monetization features, such as Super Follows and Ticketed Spaces. Creators can also…
After promising the move back in December, Intel announced yesterday that its Mobileye division has confidentially filed to go public. Intel bought the computer vision company focused on the self-driving sector back in 2017, before which it had been a public concern. The move by Intel to free Mobileye has been long-telegraphed, which means it…
People who purchase as a group, for anything from insurance to a group of neighbors fixing their fence, can often command a better purchase deal. In Trela’s case, it is developing a way for Brazilian neighbors to connect groups of people to suppliers, particularly for food purchases with the goal of eliminating the middleman so…
Una Brands, a Singapore-based e-commerce aggregator, has partnered with South Korean peer KlickBrands to expand its footprint in South Korea. The strategic partnership will help South Korean e-commerce brands grow domestically and make inroads into more countries in Asia. Una, one of the largest e-commerce aggregators in Asia, has already established its presence across Asia, including Singapore,…
Here at TechCrunch we keep tabs on the stock market.1 And the stock market has turned into an awful vomit-machine lately, puking up last year’s gains onto its own shirt, and, by extension, the larger technology market and startup-land. Not that this should be news per se, if you have been tracking the markets at…
