It’s easy to assume the e-commerce ship has sailed when you consider we have giant platforms like Shopify, Woocommerce, and Wix dominating the sector. But e-commerce’s field remains vast and fertile, since so many smaller businesses continue foraying into the Internet in the wake of the pandemic. Further evidence of this has surfaced in the…
Truecaller has launched a web version of its eponymous caller ID application that brings a range of features including SMS and chat mirroring, call notifications, and number search functionality to the desktop. Initially, the web version, called Truecaller for Web, will only be made available to Android users in India, the company said, but it…
Venture capitalists’ appetite for fusion startups has been up and down in the last few years. For instance, the Fusion Industry Association found that while nuclear fusion companies had attracted over $6 billion in investment in 2023, $1.4 billion more than in 2022, the 27% growth proved slower than in 2022, as investors battled external…
Elon Musk’s decision to green light a robotaxi over an affordable EV might cost the company its lead. Last week, Musk reportedly canned the effort in favor of a robotaxi, the sort of pie-in-the-sky project that defined his first decade at the helm. There’s an argument to be made that the company is where it…
Verod-Kepple Africa Ventures (VKAV) plans to back up to 21 growth-stage companies across the continent after closing its first fund at $60 million. The pan-African VC hit the milestone following fresh backing from Nigeria’s SCM Capital formerly Sterling Capital Markets Limited, and the only non-Japanese investor. Other recent investors (limited partners) include Taiyo Holdings and…
Multiverse, the U.K. unicorn that builds apprenticeship programs for people to learn technology skills while on the job, has made an acquisition as it aims to skill up itself. The company has bought Searchlight, a startup that builds AI-based recruitment and assessment products. The plan will be to use Searchlight’s tech to create new AI…
Multiverse, the U.K. unicorn that builds apprenticeship programs for people to learn technology skills while on the job, has made an acquisition as it aims to skill up itself. The company has bought Searchlight, a startup and recruitment platform that uses artificial intelligence-based technology to source talent. The plan will be to use Searchlight’s tech…
TikTok’s upcoming Instagram competitor app for sharing photos could be named TikTok Notes, according to screenshots posted by users. TikTok also confirmed the app was in development. Over the last few days, TikTok users have been getting pop-up notifications about a new TikTok Notes app to share photos. The notification says that the company is…
The U.S. Commerce Department said on Monday that it has signed an agreement to award Taiwan Semiconductor Manufacturing (TSMC) $6.6 billion in direct funding under the CHIPS and Science Act to set up semiconductor factories in Phoenix, Arizona, and provide up to $5 billion in loans. This grant, pegged for the company’s U.S. subsidiary, TSMC…
Avendus, India’s leading investment bank for venture deals, is looking to raise about $300 million for its private equity unit, according to three sources familiar with the matter. The Mumbai-based firm, backed by U.S. private equity giant KKR, has established itself as the top financial advisor in India, working with popular growth-stage startups including Zepto,…
