Softbank
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STARTUPS
After Shopify’s huge quarter, BigCommerce raises its IPO price range
When BigCommerce, the Texas-based Shopify competitor, first announced an IPO price range, the numbers looked a little light. With a…
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Trends
The UK government to acquire satellite company OneWeb in deal funded in part by India’s Bharti Global
Distressed satellite constellation operator OneWeb, which had entered bankruptcy protection proceedings at the end of March, has completed a sale…
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Trends
Nuro’s self-driving vehicles to securely deliver CVS Pharmacy prescriptions
Nuro, the autonomous robotics startup that has raised more than $1 billion from Softbank Vision Fund, Greylock and other investors,…
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Trends
Indian online grocery startup BigBasket raises $60M
Indian grocery startup BigBasket has raised $60 million as it scales its business in the country to meet growing demand…
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Trends
Builder.ai launches pre-packaged apps for small businesses hit by COVID-19
Last year Builder.ai raised one of Europe’s largest Series A investments at $29.5 million, led by Lakestar and Jungle Ventures,…
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Trends
India’s Oyo furloughs thousands of employees as revenue drops by over 50%
Oyo has placed thousands of employees on leave and furloughs for up to three months in the U.S. and several…
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Trends
OneWeb confirms layoffs and potential launch schedule delays amid reported bankruptcy considerations
Satellite operator OneWeb has confirmed that its workforce has been reduced via layoffs, after TechCrunch learned that it reduced its…
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Trends
SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally
Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup…
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