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African fintech startup Opera’s OPay received $120 million in funding from Chinese investors
OPay has grown its business from payments to other fields with OWealth, ORide, and OFood.
Incubated by Opera , famous for its web browser, Africa-based startup OperaPay, widely known as OPay, has gained $120M from the Chinese investors in series B round. Along with PalmPay…
Uber CEO termed Jamal Khashoggi murder ‘a mistake’
Senior Uber Executive made these remarks to the “Axios on HBO” TV series but then backtracks.
Dara Khosrowshahi , the Iranian born entrepreneur who became CEO of Uber in August 2017 succeeding founder Travis Kalanick , told the audience at the show that he believes the…
WeWork’s Chairman Marcelo Claure terminates 13 people for abusing vendor policies
Former Sprint CEO Marcelo Claure became the Executive Chairman after SoftBank takeover over 80% of WeWork.
WeWork’s Marcelo Claure – the chairman, has sent a memo to employees that states the company has investigated policy abuse and fired 13 employees. Mr. Laure has further mentioned that…
Google to start the accelerator program for climate change startups 🚀
Google will be take two cohorts in its accelerator program of startups working on UN Sustainable Development Goals.
Google is planning to launch an accelerator program to support the startups working to measure climate change, environment, sustainability, and similar projects. Kate Brandt, Chief Sustainability Officer at Google, while…
Indian Startups have raised $11.3B this year; a record
Indian startups have become the next target of investors and venture capitalists globally
With two months left in 2019, Indian tech startups are already having a great year as a record amount of $11.3B has flown into the local ecosystem of the country,…
SoftBank to take charge of WeWork
SoftBank decided to acquire WeWork at an $8 billion valuation.
WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its…
Canva now valued at $3.2 billion after $85 million fundraise
Canva uses a drag-and-drop format and provides access to photographs, vector images, graphics, and fonts to make images …
Canva is now valued at $3.2 billion after an $85 million fundraise by Mary Meeker’s venture capital firm joined by General Catalyst, Bessemer Venture Partners, Blackbird, and Sequoia China. It…
AI-based health startup Healx raises $56M
UK based startup is all set to take on rare diseases with the power of Artificial Intelligence.
Healx , a UK-based biotechnology startup, has secured a $56 million in Series B funding to combat rare diseases using AI as reported by Bloomberg. This funding round was headed…
WeWork to lay-off 2,000 employees; amid IPO crisis
The company is planning to lay off between 10% and 25% of its workforce.
WeWork planned to cut 2,000 jobs at the end of October 2019 after the failed IPO. WeWork — an American commercial real estate company that provides co-working space to companies…