Friday, January 10, 2025

SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO

FirstCry, India’s biggest e-commerce platform for mother and baby products, is aiming to raise $218 million through the sale of new shares in its initial public...

The convicts of Silicon Valley, 2023 edition

Silicon Valley can be a place of great power and riches, but the smallest thing can bring it crashing down. From deepfaked phone calls with bankers...

Three steps to take your company out of the one-product mold

Daniel Lereya Contributor Daniel Lereya is the chief product and technology officer at monday.com, where he is responsible for driving the company’s forward-looking product strategy, vision, and execution....

Australia’s climate tech industry is booming, but it could bust without funds

Australia is a land of natural wonders, from the Great Barrier Reef and Daintree Rainforest to Kakadu National Park and the Blue Mountains. But because of...

The Australian VC firm that sponsored California’s diversity bill

Access to venture funding for women is poor all over the world, but it’s particularly concerning in Australia, where less than 1% of all private-sector funding...

From graphic design to visual workflows, Canva’s new AI core is changing its business

Canva has crafted a wildly successful business model on the idea that graphic design should be accessible to everyone. The Australian company has raised $560 million...

Why Australia is ripe for VC

Over the past couple of decades, Australia, an island continent of 26 million that became rich by, among other things, mining natural resources, has developed into...

Xiaomi’s first EV is the freshest take on a ‘smartphone on wheels’

Chinese smartphone giant Xiaomi has revealed its first electric car, a sharp-looking sedan called the SU7. Slated to roll out in China next year, it’s another entry...

What the demise of Superpedestrian means for the e-scooter industry

At an all-hands meeting just before Thanksgiving, Superpedestrian’s CEO Assaf Biderman told staff the electric scooter company was gearing up for fresh funding and a merger....

India to block crypto exchanges Binance, Kraken websites

Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are...