Mental health startup Intellect’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. Today it announced it has added $10 million to its war chest in a Series A extension led by Tiger Global, bringing the round’s total to $20 million. The…
Virtual events platform Hopin, last valued at a $7.75 billion valuation, has laid off 29% of employees, or 242 people, a spokesperson confirmed to TechCrunch over e-mail. The cuts come just four months after Hopin let 12% of its workforce go, at the time citing a goal of sustainable growth amid the changing market. In…
Byju’s has yet to receive $250 million of the $800 million funding it announced in March this year, the company said, as India’s most valuable startup comes under scrutiny. Sumeru Ventures and Oxshott have yet to finance their committed $250 million to Byju’s, a spokesperson said. “The delays are because of macro-economic reasons,” the spokesperson…
Companies from across the industrial spectrum often rely on a migrant workforce, with data from the International Labour Organization indicating that some 169 million workers travel abroad for employment. But being away from their domestic jurisdiction and financial infrastructure presents a host of challenges, including what is probably the most important part for the worker…
Tech layoffs have hit almost every region in the world, and Southeast Asia is no exception, with companies like Sea, Crypto.com and JD.ID among those affected. In particular, fintech startups—BNPL, credit and lending, and inventory-holding businesses—are vulnerable, like in other parts of the world. Glints, one of Southeast Asia’s largest jobs platforms with over 30,000…
It is worth beginning with a note that I am terribly risk averse, and therefore … not a ton of fun. When Ford micromobility subsidiary Spin first launched a fleet of electric scooters in my hometown of Pittsburgh last summer, my immediate instinct was very old-man-yells-at-cloud. Youths took over the streets and sidewalks, racing around downtown…
Welcome back to Chain Reaction. Last week, we looked at Solana’s smartphone and the post-Apple tech industry. This week, we’re looking at a web3 without Big Tech. To get this in your inbox every Thursday, you can subscribe on TechCrunch’s newsletter page. no trillionaires allowed Unlike other moonshot tech categories, it’s become increasingly clear that…
Welcome back to Chain Reaction. Last week, we looked at Solana’s smartphone and the post-Apple tech industry. This week, we’re looking at a web3 without Big Tech. To get this in your inbox every Thursday, you can subscribe on TechCrunch’s newsletter page. no trillionaires allowed Unlike other moonshot tech categories, it’s become increasingly clear that…
Welcome back to Chain Reaction. Last week, we looked at Solana’s smartphone and the post-Apple tech industry. This week, we’re looking at a web3 without Big Tech. To get this in your inbox every Thursday, you can subscribe on TechCrunch’s newsletter page. no trillionaires allowed Unlike other moonshot tech categories, it’s become increasingly clear that…
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the…
