Zepto has more than doubled its valuation to $ 3.6 billion from $ 1.4 billion in less than a year in a new funding round of $ 665 million as the Mumbai-based startup intensifies the quick commerce competition in the world’s second largest internet market. Zepto sells and delivers everything from grocery items to electronic […]
Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot
Paris has quickly established itself as a major European center for AI startups, and now another deal in the works could cement that position even further. Poolside.ai, a generative AI company based out of Paris that is building tools to speed up software development, is in the process of raising at least $ 400 million, […]
India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation
Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $ 100 million to $ 125 million that slashes its valuation to $ 2.5 billion, two people familiar with the matter told TechCrunch. That’s a steep decline in the Gurgaon-headquartered startup’s value, which was worth $ 10 billion in 2019. The startup, […]
Carta’s valuation will be cut by billions in an upcoming secondary sale
Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at $ 2 billion, TechCrunch has learned. Carta is working with the investment bank Jeffries on the sale and initially hoped to find demand for the […]
Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B
Scale AI, a company that provides data-labeling services for training machine learning models, has raised a $ 1 billion Series F round from a slew of big-name institutional and corporate investors including Amazon and Meta. The raise, which constitutes a mix of primary and secondary funding, comes amid a boom in AI venture capital megarounds, […]