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Tag Archives: TechCrunch
Venture leasing: The unsung hero for hardware startups struggling to raise capital
Felipe Chávez Cortés Contributor Share on Twitter Felipe Chávez Cortés is the CEO and co-founder of Kiwibot, a robotic food delivery startup. Global funding in February 2023 fell 63% from the previous year, with only $18 billion in investments. For … Continue reading
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Ambani’s Reliance targets Indian fashion e-commerce with low-cost model
Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past playbook for the fashion market: low-cost products. Ajio, Reliance’s retail fashion arm, has quietly launched Ajio Street. The platform boasts … Continue reading
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How SeaTable navigates the China backlash as it goes West
Chinese startups aspiring to make it big in the West now face a major hurdle: their connections to home. The scrutiny faced by TikTok in the U.S. over its management structure and data practices is a poignant reminder that relinquishing … Continue reading
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Beyond networking: What immigrant founders in the UK want from VC office hours
Juanita Gonzalez-Uribe Contributor Juanita Gonzalez-Uribe is co-director of Financial Markets Group and is an associate professor in finance at the London School of Economics. Lyubov Guk Contributor Share on Twitter Lyubov Guk is a founding partner at Blue Lake VC. … Continue reading
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Bernstein pegs Reliance as India’s eventual e-commerce kingpin
The Indian conglomerate Reliance is poised to outpace Amazon and Walmart-backed Flipkart in the race for the country’s $150 billion e-commerce market, analysts at Bernstein projected in a scathing report to clients this week, challenging the prevailing industry views that favor … Continue reading
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OpenAI’s ChatGPT iOS app now available in Canada, India, Brazil and 30 more countries
OpenAI has expanded the availability of its ChatGPT app for iOS users in India and 32 other countries — just a week after its launching it in the U.S. The list of new countries include Algeria, Argentina, Azerbaijan, Bolivia, Brazil, … Continue reading
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Elon Musk says Tesla might ‘open source more code’ to other automakers
Elon Musk suggested Thursday during a Twitter Spaces with Ford CEO Jim Farley that Tesla might open up some of its automotive operating system code to other automakers. “In the same way that maybe Android is helpful to the phone … Continue reading
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Applied Intuition to buy autonomous trucking SPAC Embark for $71M
Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a simulation and software provider for autonomous vehicle development. The all-cash transaction has an equity value of about $71 million, according … Continue reading
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Ford to bring Tesla’s charging tech into its future EVs
Ford has reached an agreement with rival Tesla that will give owners of Ford’s EVs access to more than 12,000 Superchargers across the U.S. and Canada. The deal was announced during a Twitter Spaces between Tesla and Twitter CEO Elon … Continue reading
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Electric truck maker Nikola at risk of being delisted from Nasdaq
Nikola, the beleaguered electric truck developer, is at risk of being delisted from Nasdaq, the company disclosed Thursday in a regulatory filing. Nikola said it received May 24 a delisting notice from the public exchange because its share price has … Continue reading
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