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What we know (and don’t) about Goldman Sachs’ Africa VC investing

What we know (and don’t) about Goldman Sachs’ Africa VC investing Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in 2019. Though […]

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Former Google Pay execs raise $13.2M to build neo-banking platform for millennials in India

Former Google Pay execs raise .2M to build neo-banking platform for millennials in India Two co-founders of Google Pay in India are building a neo-banking platform in the country — and they have already secured backing from three top VC funds. Sujith Narayanan, a veteran payments executive who co-founded Google Pay in […]

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Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, […]

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Indian tech startups raised a record $14.5B in 2019

Indian tech startups raised a record .5B in 2019 Indian tech startups have never had it so good. Local tech startups in the nation raised $14.5 billion in 2019, beating their previous best of $10.5 billion last year, according to research firm Tracxn . Tech startups in India this year participated in […]

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Recycling robots raise millions from top venture firms to rescue an industry in turmoil

Recycling robots raise millions from top venture firms to rescue an industry in turmoil The problem of how to find the potential treasure trove hidden in millions of pounds of trash is getting a high-tech answer as investors funnel $16 million into the recycling robots built by Denver-based AMP Robotics. For recyclers, […]

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Freshworks raises $150M Series H on $3.5B valuation

Freshworks raises 0M Series H on .5B valuation Freshworks, a company that makes a variety of business software tools, from CRM to help-desk software, announced a $150 million Series H investment today from Sequoia Capital, CapitalG (formerly Google Capital) and Accel on a hefty $3.5 billion valuation. The late-stage startup has raised […]

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Google hires former Disney and Star executive to head its India business

Google hires former Disney and Star executive to head its India business Google said on Friday it has appointed Sanjay Gupta, a former top executive with Disney India and Star, as the manager and vice president of sales and operations for its India business. Gupta will be replacing Rajan Anandan, who left […]

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Los Angeles-based BuildOps, subcontracting software for real estate, raises $5.8 million

Los Angeles-based BuildOps, subcontracting software for real estate, raises .8 million Software development companies tackling services for niche industries, like commercial real estate subcontracting, continue to find Los Angeles to be fertile ground for development. The latest company to raise funding from a clutch of investors is BuildOps, which raised $5.8 million […]

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Don Valentine, who founded Sequoia Capital, has died at age 87

Don Valentine, who founded Sequoia Capital, has died at age 87 Sequoia Capital founder Don Valentine passed way at his home in Woodside, Ca., today at age 87 of natural causes. Sequoia posted a tribute to Valentine shortly afterward, calling him “one of a generation of leaders who forged Silicon Valley.” A […]

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From the NBA to Sequoia to TikTok and more, a week of national security concerns with China

From the NBA to Sequoia to TikTok and more, a week of national security concerns with China It has been a tough week for China-U.S. relations. Vice President Mike Pence ratcheted up the administration’s rhetoric yesterday, calling the NBA “a wholly owned subsidiary of the authoritarian regime” in China while the league’s […]

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