A startup that aims to combine the ticket-buying experience online with a social network, EQ Tickets, is today emerging out of stealth to help make discovering shows and other live events a more social activity. What’s more, the company promises to offer ticket prices that undercut some of its competitors operating similar secondary ticket marketplaces. […]
Dailyhunt in talks to acquire social network startup Koo
Media startup Dailyhunt is in advanced stages of talks to acquire the Bengaluru-headquartered social network Koo, two sources familiar with the matter told me. The potential deal under discussion involves a share-swap agreement and could be finalized within weeks, the sources added, requesting anonymity as the matter is private. The deliberation follows Koo, which has […]
Singapore-based fintech Xalts acquires digital trade platform Contour Network
In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. […]
Meesho taps micro-entrepreneurs to plug gaps in India’s supply chain network
India is one of the fastest growing economies, yet its supply chain system remains antiquated, operating much as it did decades ago. The logistics sector is highly fragmented, with a majority of small, regional operators lacking scale and efficiency. Regional truckers still rely on brokers and word-of-mouth to secure cargo, while severe truck shortages in […]
Decentralized social network Farcaster is trying to reach mass adoption through Web 2.0 techniques
The web3 world has long hoped for a blockchain-based consumer application that could reach escape velocity, bringing crypto technology to the masses. Farcaster is hoping it’ll happen through its network. More often than not, it’s rare for crypto native users to have an easy, quick onboarding experience. For Farcaster, a network for decentralized social applications, […]