The Download: how to clean up AI data centers, and weight-loss drugs’ side effects
Signalling more consolidation may come, smart-bus startup Zeelo acquires Kura, a smaller player
A small UK startup which combined a school bus service with a software platform to safeguard pupils has been acquired by ‘Smart buses’ startup Zeelo, which last year raised a $14 million war chest for expansion. Founded in the UK in 2010, Kura, which had previously raised £3.8 million in a Private Equity round from […]
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Byju’s investors call for EGM to remove founder following rights issue
A group of large investors in Byju’s has called for an extraordinary general meeting seeking to change the leadership at Byju’s days after the edtech group launched a rights issue at $25 million pre-money valuation. “The resolutions being put forward for the EGM to consider include a request for the resolution of the outstanding governance, […]
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CARPL guides healthcare providers through the growing market of radiology AI apps
There’s an acute shortage of radiologists around the world, which means it is harder for medical teams to get imaging studies done. As a result, more than 200 companies have sprung up to create applications that use AI to automate different parts of the radiology process. CARPL, a radiology marketplace that counts Singapore’s government as […]
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This robot can tidy a room without any help
Planet A Foods whips up more capital to take its cocoa-free chocolate global
Planet A Foods uses fermentation technology to turn all-natural, locally-sourced ingredients, for example, oats and sunflower seeds, into its cocoa-free chocolate brand, ChoViva.
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Three San Francisco supervisors receive threats following YC President Garry Tan’s tweet
Aaron Peskin says Garry Tan’s now deleted X post did “harm to democratic discourse.”
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India’s central bank discusses more penalties on Paytm Payments Bank, including revoking license
The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch. The central bank has internally discussed revoking the payments bank license of Paytm, the sources said, requesting anonymity as they are not authorized to speak to the […]
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Reliance-backed Viacom18 agrees to buy 60% of Disney’s India unit, report says
Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form a $10 billion media giant in the South Asian market. The deal, which WSJ says will close this month, values Disney’s India unit at $3.9 billion, the […]
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Paytm to terminate business with Paytm Payments Bank after central bank’s clampdown
Paytm said Thursday that it will cease working with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from conducting nearly all of its business activities due to supervisory concerns. The Noida-based financial services firm said it expects its loan distribution, insurance distribution […]
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