Category: Goldman Sachs

Indian beauty e-commerce Purplle raises $45 million

Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as it looks to expand its presence in the world’s second largest internet market. The new round, a Series D, was financed by Sequoia Capital India and existing…

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Ex-General Catalyst and General Atlantic VC announces $68M debut fund

As of 2019, the majority of venture firms — 65% — still did not have a single female partner or GP at their firm, according to All Raise. So naturally, anytime we hear of a new female-led fund, our ears perk up. Today, New York-based Avid Ventures announced the launch…

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Goldman Sachs and Sesame Workshop pour money into this edtech firm’s newest fund

Shauntel Garvey and Jennifer Carolan liked edtech before the sector was cool, so the duo co-founded Reach Capital in 2015 with a $53 million debut fund. The San Francisco-based venture firm has since put checks into education startups including Newsela, Sketchy, ClassDojo and Outschool, landing six exits so far. Now,…

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African fintech startup Chipper Cash raises $30M backed by Jeff Bezos

African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company…

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China Roundup: Mega trade fair goes online, anti-China sentiment hobbles developers

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what those events mean to people in the rest of the world. This week, we are seeing the backlash Chinese tech companies face around the world as anti-China sentiment escalates. In…

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Apple Card may offer monthly installment plans for iPads and Macs

The Apple Card already has perks if you’re buying from Apple itself, but the company is apparently willing to further sweeten those incentives. Bloomberg sources say Apple is planning a Card feature that will let you buy “many” products (not just the… Source

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