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Robotic Automations

Oyo founder seeks new investment at $3.8 billion valuation | TechCrunch

November 18, 2024 10:28 AM0


Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium […]

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Software Development in Sri Lanka

Robotic Automations

Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO | TechCrunch

November 15, 2024 4:14 AM0


Pony AI is inching closer to its initial public offering in the U.S., but as it does so, it continues to drop its minimum target for what it hopes to raise in the transaction.   Pony operates a fleet of 190 “robotrucks” in Beijing and Guangzhou and more than 250 robotaxis in Beijing, Guangzhou, Shenzhen, and […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato's worth | TechCrunch

October 30, 2024 1:10 PM0


Swiggy, one of India’s largest food delivery and quick commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s market cap. The lossmaking Bengaluru-based company has set an IPO price band of ₹371 to ₹390 ($4.41-$4.64) per share for next month’s IPO. […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

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