TECHNOLOGY
Technology · Startups
India’s Yulu raises $93M as quick-commerce boom fuels e-bike demand
Yulu aims to have a fleet of 200,000 bikes in the next two years and faster electric two-wheelers, aiming at new logistics use cases.
TECHNOLOGY
Technology · Startups
Phoebe Gates and Sophia Kianni reportedly knew Phia was ‘cookie stuffing’ for months
Phia, the shopping startup co-founded by Phoebe Gates and Sophia Kianni, is once again under fire for its alleged business practices.
TECHNOLOGY
Technology · Startups
Accel closes oversubscribed $550M India fund within weeks, 19 months after its last
The U.S. VC firm still has more than 55% of its previous $650 million India fund available for deployment.
TECHNOLOGY
Technology · Startups
Uber surprised robotics company Serve by selling its entire stake
The divestiture comes as the two once-tight companies have started to diverge on the business side.
TECHNOLOGY
Technology · Startups
FBI says cybercriminals are hacking into victims’ online accounts to steal their intimate pictures
In a new alert, the FBI said cybercriminals are targeting adults and minors in an attempt to steal their personal and intimate pictures in extortion campaigns.