August 2023

Amazon is holding a Prime Day-like shopping event this fall once again

August 8, 2023
Amazon is holding a Prime Day-like shopping event this fall, the company announced on Tuesday. The online retail giant had two Prime sales events in July and October in 2022 and is doing the same this year. Amazon is calling the fall sales event “Prime Big Deal Days,” but didn’t share the which days it would […]

India’s MPL cuts workforce by 50% amid taxation changes

August 8, 2023
India’s popular online gaming and fantasy sports startup Mobile Premier League has reduced its staff by approximately 50%, two people familiar with the matter said, weeks after New Delhi implemented a 28% tax on online real-money games. The Bengaluru-based startup initially announced its plans to cut jobs to employees last week and sent a formal […]

A small and electric Land Rover Defender sounds likely for 2027

August 8, 2023
The Land Rover Defender might be getting an electric little brother. According to an Autocar report, a Jaguar-Land Rover executive recently revealed some interesting details at an investor conference. This so-called baby Defender is said to use JLR’s Electric Modular Architecture (EMA) platform and is expected to arrive in 2027. This platform will also be […]

Simon Data is putting customer data to work with $54M Series D

August 8, 2023
The customer data platform (CDP) has become a standard way to collect first party customer data and put it to work. Simon Data, which was founded in 2015, has always had a vision of being more than purely a customer data repository. It also offers applications out of the box to work with that data, […]

Catch+Release is building an AI-powered search engine to help brands license user-generated content

August 8, 2023
Companies seeking images or videos for their materials materials will typically commission a shoot, or scour stock media catalogs. Catch+Release, however, wants to help marketers license existing user-generated content, and the eight-year-old startup is setting out to build an AI-powered search engine to help brands do just that. Catch+Release — founded out of San Francisco […]

Chargeflow, which taps AI to fight chargebacks, raises $14M

August 8, 2023
Chargeflow, a startup using AI to fight chargeback fraud, today announced that it raised $11 million in a seed round led by the VC firm OpenView Venture Partners. The tranche builds on Chargeflow’s previously undisclosed $3 million seed round closed several months ago, bringing the startup’s total raised to $14 million. Chargeflow was launched in […]

Sachin Bansal sells Navi’s microfinancing unit for $178.5 million

August 8, 2023
Svatantra Microfin has reached an agreement to acquire Navi Group’s microfinancing unit Chaitanya India for about $178.5 million, the two firms said Tuesday, latest in a series of events at entrepreneur Sachin Bansal’s firm that has struggled to secure a banking license. Svatantra said it will become the second largest microfinancing firm in India with […]