Fundings and exits
Latest stories
Paytm, Vijay Shekhar Sharma to acquire insurance firm Raheja QBE
Paytm, India’s most valuable startup, and its co-founder and chief executive, Vijay Shekhar Sharma, announced on Monday they have reached an agreement to acquire general insurer Raheja QBE for a sum of $76 million as the financial services startup looks to tap the nation’s booming insurance market.Sharma is acquiring More
Lemonade and Accolade open sharply higher as public markets rally
Despite today’s bucket of plus-and-minus economic data, stocks are heading higher in regular trading. And among the shares rising the most are today’s two venture-backed IPOs: Lemonade and Accolade.TechCrunch wrote this morning that the firms’ aggressive IPO pricing arcs boded well for the IPO market itself, that investors were willing More
Project M acquires punk rock satire site The Hard Times
Matt Saincome knows that compared to many of the startup acquisitions that we write about on TechCrunch, selling a website for a little over $1 million (mostly cash, with a little stock) isn’t a huge deal.“But in the world of punk comedy media? Whoo boy!” he said.Saincome is happy More
Student-led accelerator Envision is shaking up which startups get funded
Meet Envision, a new startup accelerator. The group, built and run by a collection of students and recent graduates, just closed the application process for its first cohort of startups.Its goal isn’t merely to find some companies and give them a boost, however. According to Annabel Strauss and Eliana Berger, More
After losing Grubhub, Uber reportedly hails Postmates
Uber has reportedly made an offer to buy food delivery service Postmates, according to The New York Times.According to the Times, the talks are still ongoing and the deal could fall through.For those that have been paying attention to Uber, this appetite is not new, albeit consistent. A little More
YC-backed Tango Builder wants to use aerospace engineering to build
Housing has been constructed for millennia, and while clearly our modern abodes are ever so slightly better than the elk tents we used to live in, the construction techniques behind housing today haven’t progressed all that much. What has progressed are prices — it’s more expensive than ever to build More