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Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon

Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said in a notification that it […]

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Genflow nabs $11M investment from BGF

Genflow, a London an0d LA-based brand building agency that offers an e-commerce and mobile tech platform to let influencers start companies, has raised $11 million in funding. Leading the round is U.K. investor BGF. The injection of capital will be used by Genflow to further scale its offering and for international expansion. Founded in 2016 […]

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Daily Crunch: Trump pardons Anthony Levandowski

On his way out the door, President Donald Trump pardons a former Googler, Jack Ma reappears and Wattpad gets acquired. This is your Daily Crunch for January 20, 2021. The big story: Trump pardons Anthony Levandowski Although Donald Trump is no longer president of the United States as I write this, he still held the […]

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Curtsy, a clothing resale app aimed at Gen Z women, raises $11 million Series A

Curtsy, a clothing resale app and competitor to recently IPO’d Poshmark, announced today it has raised $11 million in Series A funding for its startup focused on the Gen Z market. The app, which evolved out of an earlier effort for renting dresses, now allows women to list their clothes, shoes and accessories for resale, […]

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African edtech startup uLesson lands a $7.5 million Series A

ULesson, an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 million in Series A funding. The round is led by Owl Ventures, which closed over half a billion in new fund money just months ago. Other participants include LocalGlobe and existing investors, including TLcom Capital and […]