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The New York Times is buying the production studio behind ‘Serial’ for $25M

6 years 3 months ago
In a bid to further expand into the world of audio production, the paper of record has acquired the one podcast (other than your own) that your parents have definitely heard of. The New York Times Company issued a press release last night noting that has entered into an agreement to purchase Serial Productions, the podcasting […]

StuffThatWorks nabs $9M for crowdsourced insights on health conditions

6 years 3 months ago
Waze upended the world of navigation when it took the approach of blending basic mapping data with crowdsourced feedback on the best routes, annoying traffic and other road conditions. Now, one of the founding employees of Waze is applying a similar concept to the world of healthcare. StuffThatWorks, an Israeli startup that has built a […]

Pandora launches interactive voice ads into beta testing

6 years 3 months ago
Pandora is launching interactive voice ads into wider public testing, the company announced this morning. The music streaming service first introduced the new advertising format, where users verbally respond to advertiser prompts, back in December with help from a small set of early adopters, including Doritos, Ashley HomeStores, Unilever, Wendy’s, Turner Broadcasting, Comcast and Nestlé. […]

Levitate raises $6M for its ‘keep-in-touch’ email marketing solution aimed at smaller businesses

6 years 3 months ago
Levitate, a Raleigh-based marketing platform and customer relationship solution provider, has raised an additional $6 million for its A.I.-powered software offering small businesses and alternative to mass blast emailing. To date, the startup has raised $12 million from investors including Tippet Venture Partners, Durham, N.C.-based Bull City Venture Partners, and angel investor Peter Gassner, the […]

Typewise taps $1M to build an offline next word prediction engine

6 years 3 months ago
Swiss keyboard startup Typewise has bagged a $1 million seed round to build out a typo-busting, ‘privacy-safe’ next word prediction engine designed to run entirely offline. No cloud connectivity, no data mining risk is the basic idea. They also intend the tech to work on text inputs made on any device, be it a smartphone […]

Amazon reportedly in talks to buy a 9.9% stake in India’s Reliance Retail

6 years 3 months ago
Amazon may join its global rivals Google and Facebook in backing one of Indian billionaire Mukesh Ambani’s ventures. The American e-commerce giant is in preliminary talks to acquire a 9.9% stake in Reliance Retail, local TV news channel ET Now reported Thursday afternoon, citing unnamed sources. Reliance Retail, founded in 2006, is the largest retail […]

Digital design platform Ceros raises $100M

6 years 3 months ago
Ceros is taking a big step up in fundraising today, with the announcement that it has raised a $100 million investment led by Sumeru Equity Partners. Ceros provides a platform for clients like NBC, United Airlines, Snap, McKinsey, IBM, Condé Nast, JP Morgan, Red Bull and Pinterest to create what it calls “digital experiences” — basically, […]

Amazon now sells auto insurance in India

6 years 3 months ago
Amazon’s India business said on Thursday it has begun offering auto insurance to cover two and four-wheeler in the country, marking American giant’s first foray into this financial services category globally. The e-commerce giant said it had inked a deal with Mumbai-headquartered Acko General Insurance to offer customers car and motor-bike insurance. Amazon is also an […]

Electric-bike maker Cowboy raises $26 million

6 years 3 months ago
Cowboy has raised a $26 million (€23 million) Series B funding round from Exor Seeds, HCVC, Isomer Capital, Future Positive Capital and Index Ventures. The startup has been manufacturing premium electric bikes and selling them directly to consumers around Europe. The company recently released the third generation of its flagship bike, which is all about […]

Flipkart buys Walmart’s India wholesale business to reach mom and pop stores

6 years 3 months ago
Flipkart said on Thursday it is launching a wholesale marketplace to serve small and medium-sized businesses and neighborhood stores in India, entering an increasingly crowded space that has attracted several players including India’s largest physical retail chain (Reliance Retail), Lightspeed-backed Udaan, Amazon, and Facebook in recent years. To launch the wholesale marketplace, called Flipkart Wholesale, […]

Missfresh racks up $495 million in funding as China’s e-grocery booms

6 years 3 months ago
The COVID-19 lockdown around the world introduced online grocery to many shoppers for the first time, boosting an industry that had long drawn skepticism. In China particularly, the older generations often worry about buying perishable food without scrutinizing them in person. Still, venture investors are bullish on the future of online grocery. One beneficiary is […]

Singaporean startup Partipost gets $3.5 million to let anyone become an influencer

6 years 3 months ago
Partipost, a Singapore-based marketing startup that lets anyone with a social media profile sign up for influencer campaigns, has raised $3.5 million in new funding. The round was led by SPH Ventures, the investment arm of publisher Singapore Press Holdings, with participation from Quest Ventures and other investors. The funding will be used to grow […]

Tesla’s Megapack powers its small, but growing energy storage business

6 years 3 months ago
Tesla’s energy storage business picked up steam in the second quarter and even played a minor role in the company’s fourth consecutive quarter of profitability, according to earnings reported Wednesday. Commercial and residential energy storage sales as well as solar are still mere slices of Tesla’s overall business, which is largely dominated by automotive. However, […]
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