June 2023

Supply chain startup Baskit supports Indonesia’s middlemen

June 27, 2023

Large brand distributors dominate the top of the supply chain, but toward the bottom, there are thousands of middlemen, including wholesalers, who are the ones creating relationships with retailers. Founded last year, Baskit wants to provide them with tools to digitize the management of their inventory and services to help them get better prices. The […]

Supply chain startup Baskit supports Indonesia’s middlemen by Catherine Shu originally published on TechCrunch

Thomson Reuters buys Casetext, an AI legal tech startup, for $650M in cash

June 27, 2023

Thomson Reuters has entered into a definitive agreement to acquire Casetext, a Y Combinator-backed legal tech startup. The deal, valued at $650 million in cash, is expected to close in the second half of 2023, subject to regulatory approvals and customary closing conditions. “The acquisition of Casetext is another step in our ‘build, partner and […]

Thomson Reuters buys Casetext, an AI legal tech startup, for $650M in cash by Kyle Wiggers originally published on TechCrunch

Arkam Ventures targets $180 million to tap ‘middle India’ opportunity with second fund

June 27, 2023

Arkam Ventures is courting its second fund, aiming for $180 million, nearly doubling the size of its maiden fund, as the Indian venture capital firm gears up to double down on the expanding ‘middle India’ opportunity. The firm’s partners said in an interview that they are hopeful to retain support from high-profile international institutional investors […]

Arkam Ventures targets $180 million to tap ‘middle India’ opportunity with second fund by Manish Singh originally published on TechCrunch

Kindred Ventures foresees a ‘massive explosion of startups’ courtesy of AI

June 26, 2023

Last week, we talked with Kindred Ventures, a small, nine-year-old, San Francisco-based early-stage venture firm that, despite investing in a lot of nascent startups — more than 100 to date — takes a generalist approach, investing in AI, climate tech, consumer internet companies, crypto deals, fintech startups, health startups, mobility startups and the outfits developing […]

Kindred Ventures foresees a ‘massive explosion of startups’ courtesy of AI by Connie Loizos originally published on TechCrunch

Decentralized social networking app Damus to be removed from App Store, will appeal decision

June 26, 2023

Damus, a decentralized social networking app backed by Twitter co-founder Jack Dorsey, will be removed from the App Store due to Apple’s strict payment rules. Apple had threatened to remove Damus earlier this month over the app’s tips feature, claiming that it could be used by content creators to sell digital content on the platform. […]

Decentralized social networking app Damus to be removed from App Store, will appeal decision by Aisha Malik originally published on TechCrunch