With Y Combinator’s seal of approval, MyPetrolPump raises $1.6 million for its car refueling business

Even before pitching onstage at Y Combinator, Indian car refueling startup MyPetrolPump has managed to snag $1.6 million in seed financing. The business, which is similar to startups in the U.S. like Filld, Yoshi and Booster Fuels, took 10 months to design and receive approval for its proprietary refueling trucks that can withstand the unique […]

Africa’s ride-hail markets are hot spots for startups and VC

When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber and Bolt are competing in Kampala and Nairobi—where in addition to car-service—they offer rickshaw taxis. On-demand motorcycle startups are multiplying and piloting EVs with funds from international partners. And many ride-hail companies in Africa […]

Nigeria’s Gokada raises $5.3M round for its motorcycle ride-hail biz

In many large cities across Africa, motorcycle taxis are as common as yellow cabs in New York. That includes Lagos, Nigeria, where ride-hail startup Gokada has raised a $5.3 million Series A round to grow its two-wheel transit business. Gokada has trained and on-boarded more than 1,000 motorcycles and their pilots on its app that […]

Southeast Asia exit deal is a win, not a defeat, for Uber

They say in sport that the best teams win even when they don’t perform. On those terms, Uber seems unstoppable. The day’s big news is that the U.S. ride-hailing firm is leaving Southeast Asia after it agreed to sell its business to local rival Grab. That much is true, but claims that Grab beat Uber out […]

Crunch Report | Elon Musk’s flamethrowers bring in $5 million so far

Elon Musk has now sold 15K flamethrowers, earning $7.5M for boring 4 minutes ago by Darrell Etherington Pinterest hires a new head of computer vision 16 minutes ago by Matthew Lynley Heptio launches its Kubernetes ‘un-distribution’ 16 minutes ago by Frederic Lardinois Google says it removed 700K apps from the Play Store in 2017, up 70% from 2016 […]