Last year presented a tough period for African tech startups. Venture capital was hard to bag (as predicted earlier), bridge and down rounds became the norm, and news of fire sales, layoffs and startup closures reverberated across the continent. With the overall amount of VC funding raised in Africa dipping significantly across the year, according […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Indian financial services startup MobiKwik seeks to raise about $84.2 million through issue of new shares in an initial public offering in the home market, it said in a draft prospectus filed with the local markets regulator Friday. This is the second time MobiKwik has filed the paperwork for an IPO. The startup, backed by […]
© 2023 TechCrunch. All rights reserved. For personal use only.
Logan Paul is offering refunds for CryptoZoo, the failed and allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021. The catch? You can’t sue him if you get a refund. In an X (formerly Twitter) post on Thursday, Paul announced that is “personally committing” more than $2.3 million to buy back NFTs purchased through […]
© 2023 TechCrunch. All rights reserved. For personal use only.
A lawsuit blaming Snapchat for a series of drug overdoses among young people can proceed, a Los Angeles judge ruled this week. A group of family members related to children and teens who overdosed on fentanyl sued Snapchat maker Snap last year, accusing the social media company of facilitating illicit drug deals involving fentanyl, a […]
© 2023 TechCrunch. All rights reserved. For personal use only.