Blume Ventures' Karthik Reddy On Indian Startup Ecosystem, Geo-Political Tension With China And Coronavirus

in #techlast month

Connected fitness startup Tonal raises another $110 million: Brian Heater


Connected home fitness startup Tonal announced today that it has raised an additional $110 million. The latest round of funding includes existing investor L Catterton and new names, including Delta-v Capital, Amazon’s Alexa Fund and Mousse Partners, along wit…

Supercell's CEO talks about its majority owner Tencent, finding its next hit, and more: Ingrid Lunden


Mobile games maker Supercell has been one of the great, understated, breakthroughs of the European startup world. The Helsinki-based mobile games maker built an empire out of Clash of Clans, raking in tons of money and catching the eye of world class investor…

Finance and the digital divide: a conversation with Tunde Kehinde of Lidya: Ingrid Lunden


Small and medium businesses have been some of the hardest hit in the Covid-19 pandemic. And all that has been as true in emerging markets as it has been for SMBs in the developed world. Tunde Kehinde has had a front-row seat witnessing and responding to that …

SmartNews' Kaisei Hamamoto on how the app deals with media polarization: Catherine Shu


Six years ago, SmartNews took on a major challenge. After launching in Japan in 2012, the news discovery app decided that its first international market would be the United States. During Disrupt, co-founder Kaisei Hamamoto talked about how SmartNews adapts i…

Blume Ventures' Karthik Reddy on Indian startup ecosystem, geo-political tension with China and coronavirus: Manish Singh


Despite the coronavirus outbreak, which has slowed down deal-making across the world, dozens of startups in India have raised considerable amounts in recent months. Unacademy, which raised $110 million in February, closed a new round of $150 million this mont…

SmartNews' U.S. app unveils new features for the elections, COVID-19 and local weather: Catherine Shu


At TechCrunch Disrupt today, SmartNews announced the release of major new features for the American version of its news discovery app, designed to make it easier for users to get updates about the elections, COVID-19 and the weather. Several features focus on…

Narrator raises $6.2M for a new approach to data modelling that replaces star schema: Ingrid Lunden


Snowflake went public this week, and in a mark of the wider ecosystem that is evolving around data warehousing, a startup that has built a completely new concept for modelling warehoused data is announcing funding. Narrator — which uses an 11-column ordering …

Southeast Asia's East Ventures on female VCs, foreign investment, consolidation: Rita Liao


Melisa Irene‘s path to becoming a partner at one of Southeast Asia’s most esteemed venture capital firms is an unconventional one. “I always consider myself to be quite lucky,” said Irene, who was promoted to be a partner at East Ventures in January 2019. At …

Interswitch to revive its Africa venture fund, CEO confirms: Jake Bright


Pan-African fintech company Interswitch plans to fire up its corporate venture arm again—according to CEO Mitchell Elegbe—who spoke at TechCrunch Disrupt on Wednesday. The Nigerian founder didn’t offer much new on the Lagos-based firm’s expected IPO, but he d…

Infarm raises $170M in equity and debt to continue building its 'vertical farming' network: Steve O'Hear


Infarm, the vertical farming company that has built a network of urban farms to grow fresh food closer to consumers, has raised $170 million in new investment in a “first close” of a Series C. Leading the round — which is expected to reach $200 million and is…


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