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India's Arzooo, once valued at $310M, sells in distressed deal | TechCrunch

November 21, 2024 8:52 AM0


Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to physical stores, has sold its assets in distressed sale to Moksha Group. The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according to people familiar with the matter. Arzooo had raised approximately […]

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


Software Development in Sri Lanka

Robotic Automations

Oura valued at $5B following deal with medical device firm Dexcom | TechCrunch

November 19, 2024 8:41 PM0


Smart ring maker Oura announced on Tuesday that it has received a $75 million investment from glucose device maker Dexcom. The investment marks Oura’s Series D funding round and brings the company’s valuation to more than $5 billion. The partnership paves the way for the two companies’ devices and apps to be used together, which […]

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


Software Development in Sri Lanka

Robotic Automations

India's HealthKart valued at $500 million in new investment | TechCrunch

November 18, 2024 2:34 PM0


Indian omni-channel nutrition startup HealthKart has raised $153 million in one of the country’s largest consumer startup transactions this year, valuing the business at about $500 million, according to a source familiar with the matter. The new investment was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial advisor. […]

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


Software Development in Sri Lanka

Robotic Automations

Reliance, Disney complete India media merger valued at $8.5 billion | TechCrunch

November 14, 2024 6:04 PM0


Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse that will dominate the streaming and television markets in the world’s most populous nation. The deal, proposed in February, brings together Disney’s Star India with Reliance-controlled Viacom18 under a joint venture that will control about 85% of India’s streaming […]

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


Software Development in Sri Lanka

Robotic Automations

Nokia acquires Rapid, the API company once valued at $1B | TechCrunch

November 13, 2024 9:20 PM0


Nokia, once the world’s biggest mobile phone company but now mainly provider of infrastructure and services to telecoms carriers, has made an acquisition in its bid to be a bridge between the worlds of tech and telecoms: it’s acquiring Rapid, formerly known as RapidAPI, a startup that operates an API marketplace. Nokia will be integrating […]

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


Software Development in Sri Lanka

Robotic Automations

Exclusive: Investors are scrambling to get into Eleven Labs, which may soon be valued at $3 billion

October 18, 2024 9:16 AM0


ElevenLabs, a startup that makes AI tools for audio applications, is being approached by existing and new investors about a new round, which could value the company as highly as $3 billion, TechCrunch has learned.  The two-year-old company specializes in making AI tools to generate synthetic voices for audiobook narrations, and for real-time video dubbing […]

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


Software Development in Sri Lanka

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