YC-backed Cashfree raises $35.3 million for its payments platform

Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering. The Bangalore-based startup’s Series B was led by London-headquartered private equity firm Apis Partners (which invested through its Growth Fund II), with participation from […]

What happens to high-flying startups if the pandemic trade flips?

So much can change in a day. This morning, news that a trial COVID-19 vaccine candidate had an effective rate of more than 90% shook the financial world. The Pfizer vaccine is reportedly so effective, the company “will have manufactured enough doses to immunize 15 to 20 million people” by the end of the year, […]

Nuvemshop, a Latin American answer to Shopify, raises $30 million

After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. The new funding came from previous investor Kaszek Ventures and new lead investor Qualcomm, with […]

Millennial Media’s Paul Palmieri launches Tradeswell, a startup promising to fix e-commerce margins

A new startup called Tradeswell said it’s using artificial intelligence to help direct-to-consumer and e-commerce brands build healthier businesses. The company is led by Paul Palmieri, who previously took mobile advertising company Millennial Media public and then sold it to TechCrunch’s corporate parent AOL (now Verizon Media). Afterwards, Palmieri founded Grit Capital Partners, but he […]

Indianapolis-based Malomo raises $2.8 million to turn order tracking into a branded customer experience

Yaw Aning named Malomo, the service he launched for small businesses to turn their order-tracking services into branded customer experiences, as a tribute to his mother, who was a small business owner herself. “Malomo” means flowers in Swahili and it was the name of Aning’s mother’s small soap-making business which she built over the years […]

Six Toronto VCs discuss COVID-19 and the post-pandemic era

As North America’s fourth-largest city, Toronto is one of the world’s top startup ecosystems. After spawning companies like Eventbrite and Crowdmark, Ontario’s capital has attracted international talent that complements its homegrown population of entrepreneurs and technical talent. Six investors we surveyed who work and live in the area said they believe Toronto will continue to […]

Hypotenuse AI wants to take the strain out of copywriting for e-commerce

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Go public now while software valuations make no sense

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Funding in an uncertain market: using venture debt to bridge the gap

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Technologists: Consider Canada

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