Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising. Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute […]
Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund
Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $ 350 million for its new private equity fund. The new fund, called Future Leaders Fund III, will enable the Mumbai-headquartered firm to write larger checks and maintain a meaningful position in the startups it […]
Raiders giving Maxx Crosby a raise ahead of 2024 NFL season
and others • 1 min read (Getty Images) The Las Vegas Raiders are once again taking care of one of their best players, with the team reportedly set to give superstar pass-rusher Maxx Crosby a raise ahead of the 2024 season. According to ESPN’s Adam Schefter, Crosby will make an additional $ 6 million this […]
Netizens Raise Suspicions About SEVENTEEN’s Album Sales
SEVENTEEN is facing allegations of possible sales manipulation. SEVENTEEN | RollingStone/X The HYBE boy group’s mini album 17 Is Right Here has seen record-breaking success, even achieving an unbelievable sales number of 5 million. | theqoo This astounding achievement has cemented the group’s position as a leading K-Pop artist in the industry currently, but Korean […]
Tiger Global-backed Innovaccer in talks to raise $250M in new funding, sources say
Innovaccer, a health tech startup that aggregates patient data across systems and care settings, is in advanced stages of talks with investors to raise as much as $ 250 million in a new financing round, three sources familiar with the matter told TechCrunch. The deliberation for the new funding round is ongoing, and the current […]