Startups
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Google Capital invests in Girnar Software, owner of Indian auto portal CarDekho.com
Girnar Software, which runs several auto portals in India including CarDekho.com, has raised an undisclosed amount of new funding from Google Capital, with participation from returning investor Hillhouse Capital. Grab, Uber’s biggest rival in Southeast Asia, signs deal with conglomerate Lippo Group
Singapore-based Grab has just scored a new ally in its battle against Uber and other on-demand ride apps. The company, which claims to be Southeast Asia’s leading ride-hailing app, announced a strategic partnership with Lippo Group, one of Indonesia’s largest conglomerates. Read More
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Airbnb will open its Cuba listings to users outside the United States
Airbnb will now let travelers from outside the U.S. to book properties in Cuba after receiving authorization from the U.S. government, reports the Associated Press. Previously, only Americans were allowed to reserve the site’s Cuban listings. They will open to international users on April 2. Read More
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Building a smarter home
The Jetsons presented a highly entertaining vision of what homes of the future would look like. The animated television show anticipated a world where humans would be able to do everything with just the push of a button. In many ways, the show turned out to be prophetic; today we have printable food, video chats, smartwatches and robots that help with housework — and flying cars may… Read More
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Lessons from starting a company during the last downturn
I started my last company in mid-2009, just as the market was beginning to recover from the fallout of the financial crisis. In the past several years, surrounded by fast-growth startups with sky-high valuations, many of us forgot what the downturn felt like. Today, things are changing. Again, we’re facing economic uncertainty on a global scale. Read More
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Sesame Workshop is looking for startups that help kids
Sesame Workshop, the organization that brought to life the beloved “Sesame Street” and countless other programs, has announced a new venture arm to invest in apps that help children develop. Working jointly with venture capital firm Collaborative Fund (which has funded companies like Lyft and AltSchool), Sesame Workshop has formed a new organization called Collab+Sesame. Read More
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Why unicorns falter
In early February 2016, a study of financing deals reported by The Wall Street Journal found that investors are increasingly protecting themselves from IPOs that don’t perform as expected. This fallout is a continuation of the demise of the so-called “unicorn,” a tech startup with a pre-IPO valuation of over one billion dollars. Read More
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How international startups are supporting New York City
Immigrants make up 13.3 percent of the population in the U.S., which is the highest percentage the country has seen in more than 100 years. Now let’s put this into perspective: Thirty-six percent of all top tech founders in the U.S. are immigrants — almost triple the percentage of immigrants in the country. Many immigrants are pushing innovation in the U.S, aiding the country… Read More
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Meter Feeder lets you ditch coins and codes, pay for parking with GPS
Parking tickets actually earn cities less money than when people pay the meters like they should. The problem is that even new meters that let you pay by phone or credit are such a hassle that people don’t use them — and hope they don’t get caught. But Y Combinator startup Meter Feeder has built a way to pay for parking that is easier for citizens, cheaper for cities and… Read More
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Stripe’s startup toolkit Atlas opens for business in Cuba
A month ago, payments company Stripe launched Atlas, a toolkit for startups to incorporate in the U.S. and lay the groundwork for growing their businesses online. Aimed largely at small enterprises outside of the U.S., Atlas is making a notable addition to the roster of countries covered under the program: from today, it will begin to accept Atlas applicants from Cuba, so that… Read More
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