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Tech

Blackrock, a minority investor in Byju’s, lowers starting valuation to $8.4 billion

Blackrock, a minority investor in Byju's, has again downgraded its stake in the Bengaluru-based startup, this time to around $8.4 billion, even as the...
Tech

Varda Space raises new tranche of funding at $500 million post-money valuation

varda aerospace industries, the in-space manufacturing startup that aims to revolutionize the manufacturing of pharmaceuticals, semiconductors and more is in the process of raising...
Tech

Insurtech bolttech is getting $196 million at a $1.6 billion valuation from investors like MetLife

Integrated insurtech is still hot as $196 million funding came in bolt tech proves. The company, which started in Singapore but now operates...
Tech

Wefox secures new funding with a $4.5 billion valuation as it strives for profitability

Wefox, the German insurtech startup, has closed a new round of funding from existing investors. The financing amount will not impress anyone as...
Tech

SoftBank Vision Fund loses $32 billion in a year due to startup valuation downgrade

SoftBank Vision Fund lost $32 billion in the financial year ended March, as the Japanese investment giant, the most prolific global investor in tech...
Tech

Vanguard cuts Indian ride-hailing giant Ola’s valuation by 35%

Ola, an Indian ride-hailing startup, has seen its valuation slashed by its financier Vanguard amid a weakening global economy that has significantly affected the...
Tech

Daily Crunch: In 2nd Downgrade in 4 Months, Invesco Cuts Swiggy’s Valuation to $5.5 Billion

To get a roundup of TechCrunch's biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Hello, and welcome...
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