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Indian online insurer PolicyBazaar files for IPO, seeks to raise over $800 million

5 years 2 months ago
Indian online insurance aggregator PolicyBazaar has filed for an initial public offering in which it is seeking to raise $809 million, becoming the fourth startup in the past two months from the South Asian market to explore public markets. In papers submitted to the market regulator in India, PolicyBazaar said it is looking to raise […]
Manish Singh

Indian edtech Unacademy valued at $3.44 billion in $440 million fundraise

5 years 2 months ago
Indian online learning platform Unacademy has raised $440 million in a new financing round as investors double down on the South Asian market and elsewhere following a widening series of regulatory crackdowns in China that wiped hundreds of billions of dollars last month. Temasek led the Bangalore-based startup’s new financing round — Series H — […]
Manish Singh

Square to buy ‘buy now, pay later’ giant Afterpay in $29B deal

5 years 2 months ago
In a blockbuster deal that rocks the fintech world, Square announced today that it is acquiring Australian buy now, pay later giant Afterpay in a $29 billion all-stock deal. The purchase price is based on the closing price of Square common stock on July 30, which was $247.26. The transaction is expected to close in […]
Mary Ann Azevedo

Unicorns are ready for a haircut

5 years 2 months ago
The digitization of your haircut may not have been on your 2020 bucket list, but 2021 has an even more surprising line item: Tech-powered barbershops are now a business proposition valued at nearly a billion dollars. Squire is a back-end barbershop management tool for independent businesses. I first covered it in the early months of […]
Natasha Mascarenhas

5 lessons from Duolingo’s bellwether edtech IPO of the year

5 years 2 months ago
Duolingo landed onto the public markets this week, rallying excitement and attention for the edtech sector and its founder cohort. The language learning business’ stock price soared when it began to trade, even after the unicorn raised its IPO price range, and priced above the raised interval. Duolingo’s IPO proves that public market investors can […]
Natasha Mascarenhas

China roundup: Keep down internet upstarts, cultivate hard tech

5 years 2 months ago
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The tech industry in China has had quite a turbulent week. The government is upending its $100 billion private education sector, wiping billions from the […]
Rita Liao

This Week in Apps: Instagram restricts teens’ accounts, Elon Musk criticizes App Store fees, Google Play’s new policies

5 years 2 months ago
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. […]
Sarah Perez

TuSimple’s self-driving truck network takes shape with Ryder partnership

5 years 2 months ago
TuSimple, the self-driving truck company that went public earlier this year, has partnered with Ryder as part of its plan to build out a freight network that will support its autonomous trucking operations. Under the deal announced this week, Ryder’s fleet maintenance facilities will act as terminals for TuSimple’s freight network. TuSimple’s so-called AFN, or […]
Kirsten Korosec

Pittsburgh Google contractors ratify deal with HCL

5 years 2 months ago
Nearly two years ago, contractors for Google’s Pittsburgh operations voted to join the United Steelworkers union in a bid to secure more labor rights representation. It was an early example of a building union movement for tech workers across the spectrum. But as other hard-fought battles have been waged among blue and white collar workers […]
Brian Heater

Argo AI can now offer the public rides in its autonomous vehicles in California

5 years 2 months ago
Argo AI, the autonomous vehicle technology startup backed by Ford and VW, has landed a permit in California that will allow the company to give people free rides in its self-driving vehicles on the state’s public roads. The California Public Utilities Commission issued the so-called Drivered AV pilot permit earlier this month, according to the […]
Kirsten Korosec

Growth roundup: Investing in community, targeting developers, new marketer recs

5 years 2 months ago
“The best thing a startup can do, and I’m seeing it happen more and more, is investing in community early on,” growth marketing expert Max van den Ingh of Unmuted tells us. “When I was leading growth at MisterGreen, we created a community for the first thousand Tesla Model 3 owners in the Netherlands. Everyone […]
Miranda Halpern
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