KKR invests $250 million in Reliance Retail at $100 billion valuation
KKR is doubling down on its bet in Reliance Retail, valuing India’s largest retail chain at $100 billion in a fresh $250 million investment. The deal follows the Qatar Investment Authority investing $1 billion in Mukesh Ambani’s retail empire just last month. The New York-headquartered private equity firm KKR invested
Read moreInstacart, Klaviyo and the art of the unicorn haircut
Hello, and welcome back to Equity, the podcast about the business of startups. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week.
Read moreScala Biodesign makes it easy to re-engineer proteins one molecule at a time – or 50
There’s a gold rush on in biotech as AI and other tools are used to find new drugs and treatments. With $5.5 million in new funding, Scala Biodesign is focusing these methods on a related problem: making existing or promising drugs more practical by tweaking them one (or more) molecule
Read more0xPass raises $1.8M from Balaji Srinivasan and others to build secure login systems for web3
0xPass is among the many startups trying to make crypto wallets secure and convenient for mass adoption. Specifically, it’s solving the login piece of user experience, which, at the moment, is cumbersome and requires users to have a decent level of technical know-how. Incubated at the Stanford Blockchain Club, 0xPass
Read moreCommon Trust grabs $2.6M to give business owners employee-focused succession plans
Common Trust works with business owners to design, finance and execute an employee ownership buyout so that owners or investors can access liquidity by exiting to employees.
Read moreHow DevOps and Agile Team Leaders Can Organize a Successful Workshop
I’m a strong proponent of hybrid working. Requiring a strict in-office presence can be hard on many employees with long commutes, family caretakers, or people with physical disabilities. The collaboration needed by Digital Trailblazers, especially ones leading DevOps and agile teams, is rarely achieved by jumping from meeting room to
Read moreOpen Cosmos, a UK satellite startup focused on sustainability, raises $50M
Satellites have come into focus as a critical way — and sometimes the only way — to deliver communications and receive data about certain locations around the world, a power position that can be heroic but also ripe for abuse, and that’s before considering how their presence contributes to the
Read moreIndia to explore London Stock Exchange for listing local firms
India will explore the possibility of allowing local firms to list on the London Stock Exchange, ministers from both the nations said Monday, in a move that could allow startups in the South Asian nation gain access to foreign capital for growth. Outside of the New York Stock Exchange and
Read morePerfios raises $229 million for its real-time credit underwriting solutions
Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and non-banking financial institutions, has raised $229 million in a new funding round as it looks deepen its expansion in North America and Europe. The 15-year-old startup’s Series D funding was led by Indian private equity firm Kedaara
Read moreiRobot launches a $1,399 premium Roomba combo vacuum/mop and dock
Like many of us, iRobot has a long-standing love-hate relationship with the mop. The first Scooba system became widely available in 2010. Ultimately, however, mopping up and filling a tank with dirty water proved inefficient, and the line was eventually phased out. The new line was ultimately Braava, which arrived
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