Goldman Sachs
Goldman Sachs-backed ZestMoney, once valued at $450M, sold to DMI in fire sale
ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale…
Goldman Sachs-backed ZestMoney, once valued at $450M, to shut down
ZestMoney, a buy now, pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors, including Goldman Sachs, is shutting down following unsuccessful…
Smartphone sales will mount a comeback starting in 2024, defying growing warnings of a prolonged slump across the mobile sector, according to separate projections by Goldman Sachs and Morgan Stanley…
WSJ says the Goldman-Apple deal is dead. Apple says not yet.
Apple is quietly disputing a headline by The Wall Street Journal that claims the tech giant has “pulled the plug” on its Goldman Sachs partnership which covers the Apple Card…
Candex lands $45M infusion to grow its procurement management business
Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment…
Flexible office-space firm WeWork has filed for Chapter 11 bankruptcy protection, listing over $18.6 billion of debt in a remarkable collapse for the once high-flying startup co-founded by Adam Neumann…
InsuranceDekho, the insurer that was incubated within the automobile marketplace group CarDekho, has raised $60 million in a new funding round as the startup looks to supercharge its growth. Mitsubishi…
Apple announced today that Apple Card’s high-yield Savings account offered by Goldman Sachs has reached over $10 billion in deposits from users since launching in April. The Savings account offers…
Solink, a company that provides physical security systems for businesses, including closed-circuit camera analytics, today announced that it raised $60 million in a Series C round led by Goldman Sachs…
Gamified e-learning platform Kahoot gets $1.7B acquisition offer from Goldman Sachs, Lego and more
Big moves ahead for Kahoot, the Oslo startup that’s built a popular platform for users to create, share and play education-focused “games”, played by billions of students and adults over…
Four years after partnering with Apple on the launch of the Apple Card, Goldman Sachs may be eyeing the exits. The Wall Street Journal reports that Goldman is “looking for…
Digibee raises $60M to help companies integrate their software apps
Digibee, a low-code integration platform geared toward enterprise organizations, today announced that it raised $60 million in a Series B funding round led by Goldman Sachs, with participation from Leadwind,…
ZestMoney founders resign as Goldman Sachs-backed fintech struggles to raise funds
Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech whose ability to underwrite small ticket loans to first-time internet customers once…
Apple launches Apple Card’s savings accounts with 4.15% interest rate
Apple Card customers in the U.S. can open a savings account and earn interest through an Apple saving account. To learn the specifics about Apple’s new offering, click here. When…
Logistics startup Slync raises $24M, attempts to distance itself from disgraced founder
Supply chain management software startup Slync, which was at one point valued at $240 million, hasn’t had the easiest go of it lately. Slync’s founder, Christopher Kirchner, was charged by…
India’s InsuranceDekho raises $150 million despite market slump
The Indian insurance platform InsuranceDekho has raised $150 million in a Series A funding round as the firm eyes merger and acquisition opportunities at a time when the market slump…
TripActions secures $400M in credit facilities from Goldman Sachs, SVB
Less than two months after announcing a new $9.2 billion valuation, TripActions said today it has secured $400 million in credit facilities from Goldman Sachs and Silicon Valley Bank (SVB). …
The last few years have been a major accelerator for the robotics industry at large, but warehouse robotics may be the biggest winner of all. Stay at home orders fueled…
Apple partners with Goldman Sachs to introduce high-yield savings accounts for Apple Card holders
Apple is taking a big step toward offering more banking services to its customers. The company announced today it’s partnering with Goldman Sachs to soon launch a new Savings account…
Cybersecurity firm Fortanix secures capital to provide confidential computing services
Companies (and VCs) spend billions of dollars on cybersecurity, but primarily focus on protecting infrastructure or endpoints. That’s not always the right approach in a world where — thanks to…
Nyshex lands a fresh $25M to match shippers with ocean carriers
The New York Shipping Exchange (Nyshex), a platform that connects shippers with ocean carriers, today announced that it raised $25 million in a Series B funding round led by Collate…
Cruise to launch robotaxi services in Austin, Phoenix before end of 2022
GM’s self-driving technology unit Cruise will launch commercial robotaxi services in Austin, Texas and Phoenix — two hot spots for autonomous vehicle development — “in the next 90 days and…
It’s strange that the companies that have made so much money off remote work seem to be the most allergic to its possibilities.
Twitter denies Musk’s countersuit claims with a lot of snark
Twitter has filed a legal response denying Elon Musk’s counterclaims about the company he’s supposed to acquire — a deal he’s trying to exit by claiming Twitter fraudulently misrepresented the…
Aisera, a startup developing what it describes as an “AI-driven” support ticketing system, today announced that it raised $90 million in Series D funding led by Goldman Sachs with participation…
Kenyan logistics startup Sendy cuts 10% of its workforce
Kenyan logistics startup Sendy has laid off 10% of its 300-strong workforce, or 30 employees, according to pan-African news publication TechCabal. This is the latest public layoff news from Africa over…
Casavo, an Opendoor-style proptech from Italy, raises $410M to expand its instant buyer platform across Europe
Opendoor opened the door, so to speak, to the idea of applying technology to the concept of house flipping to both scale the opportunity and make it considerably more efficient.…
Rimac begins production of its $2.5 million Nevera hypercar EV
The $2.5 million Rimac Nevera all-electric hypercar has begun rolling off the assembly line, launching on the world stage as the fastest production car and an emblem of the Croatian…
Featured Article
What’s the ‘secret sauce’ behind Croatian EV maker Rimac?
Rimac Group made headlines after raising a Series D round that valued the Croatian startup at $2.2 billion, prompting the question: How has it succeeded where so many other EV makers have struggled?
AlphaSense, an analysis and business intel search engine, finds $225M at a $1.7B valuation
Google showed the way when it came to the world understanding and valuing the importance of a good search engine to unlock all the information you could find on the…
