India’s mobile payments firm MobiKwik reaches rare key profit milestone

Indian mobile payments firm MobiKwik has reached a milestone very few of its local rivals can even contemplate: not burning money. The 10-year-old Gurgaon-headquartered firm said Tuesday...
Uncork Capital cracks open two new funds

Uncork Capital cracks open two new funds

Uncork Capital, the now 15-year-old, early-stage venture firm formerly known as SoftTech VC, has closed up two new pools of committed capital totaling $200 million: $100 million...
Exxon Mobil seeks bids for Norwegian offshore assets

Exxon Mobil seeks bids for Norwegian offshore assets

An Exxon gas station is seen in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott/File PhotoOSLO (Reuters) - Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said. Two years ago the U.S. major - the world’s largest oil company - sold…
China’s largest chipmaker is delisting from the Nasdaq

China’s largest chipmaker is delisting from the Nasdaq

The U.S-China trade war is increasingly influencing tech. Huawei has suffered a turbulent past week with key suppliers pausing work with the company, and now China’s largest...

Why your CSO, not your CMO, should pitch your security startup

Whenever a security startup lands on my desk, I have one question: Who’s the chief security officer (CSO) and when can I get time with them? Having a...
US economy grew at strong 3.2% rate in first quarter

US economy grew at strong 3.2% rate in first quarter

WASHINGTON (AP) — The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected,...
Ro, a direct-to-consumer online pharmacy, reaches $500M valuation

Ro, a direct-to-consumer online pharmacy, reaches $500M valuation

Venture capitalists have valued direct-to-consumer telehealth business Ro at $500 million with an $85 million Series B financing, sources confirm to TechCrunch. The fresh round of funding comes...
Google reshuffles its leadership in Asia Pacific

Google reshuffles its leadership in Asia Pacific

There’s a changing of the guard within Google’s Asia Pacific business. In recent weeks, personnel changes within two of its most important roles show the search giant...
India’s Mswipe raises $30M to grow its smart point-of-sale terminal business

India’s Mswipe raises $30M to grow its smart point-of-sale terminal business

Mswipe, an Indian fintech company that develops point-of-sale terminals for merchants, has pulled $30 million in new funding as it bids to triple its reach to 1.5...
Online catering marketplace ezCater gets another $150M at a $1.25B valuation

Online catering marketplace ezCater gets another $150M at a $1.25B valuation

In 2007, Stefania Mallett and Briscoe Rodgers conceived of ezCater, an online marketplace for business catering, and began building the company in Mallet’s Boston home, mostly...