Category: Funding
To avoid hostile takeovers amid COVID-19, India mandates approvals on Chinese investments
Chinese investors, who have poured about $6 billion into Indian startups in the last two years, will be subjected to strict regulation for their future investments in the world’s second largest internet market. India amended its foreign direct investment policy on Saturday to include China in the list of neighboring…
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Daily Crunch: Stripe now valued at $36B
Stripe raises new funding, Uber acknowledges financial uncertainty and a controversial facial recognition startup accidentally exposes its source code. Here’s your Daily Crunch for April 17, 2020. 1. Stripe raises $600M at $36B valuation in Series G extension, says it has $2B on its balance sheet The economy may be…
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Bridgecrew announces $14M Series A to automate cloud security
In today’s grim economic climate, companies are looking for ways to automate wherever they can. Bridgecrew, an early-stage startup that makes automated cloud security tooling aimed at engineers, announced a $14 million Series A today. Battery Ventures led the round with participation from NFX, the company’s $4 million seed investor.…
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India’s NoBroker raises an additional $30M from General Atlantic
NoBroker, a Bangalore-based startup that helps those looking to rent or buy an apartment connect directly with property owners, has extended its previous financing round to add $30 million to it. General Atlantic has invested $30 million in NoBroker’s Series D round, which the startup unveiled in October last year.…
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Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown
Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last few weeks as people have sheltered in place to slow down the spread of the novel coronavirus. Today, one of the startups that’s built a business…
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Mayfield raises $750 million across two funds
Silicon Valley mainstay the Mayfield Fund has raised $750 million across two new funds, the firm said today. The venture capital firm said its Mayfield XVI will continue to invest in early-stage companies, while its Mayfield Select II will invest in later-stage rounds of breakout portfolio companies. One difference in…
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