In Mamaearth, Peak XV finds its fourth 10x return since Sequoia separation

November 6, 2023

In the oversubscribed IPO of Mamaearth, Peak XV Partners has found its fourth 10x or greater return within the six months since separating from the Sequoia family. The venture fund is sitting on an 10x return on its investment in Mamaearth, according to an analysis of its IPO documents by TechCrunch. Mamaearth is Peak XV’s […]

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Flexport gobbles up Convoy’s assets, Revel pulls the plug on mopeds and UAW sets its sights on Toyota and Tesla

November 6, 2023

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […]

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Valued at $1B, Kai-Fu Lee’s LLM startup unveils open source model

November 5, 2023

Kai-Fu Lee, the computer scientist known in the West for his bestseller AI Superpowers and in China for his bets on artificial intelligence unicorns, has a new venture — and a great ambition. In late March, Lee launched a company called 01.AI with the vision to develop a homegrown large language model for the Chinese market. […]

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Why last week felt like 2021 in fintech

November 5, 2023

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled some big rounds in the fintech space, Intuit’s decision to shutter Mint and what that means […]

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Tech layoffs return with a vengeance, Gaza internet collapses and Apple hosts a Halloween event

November 4, 2023

Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter covering the past week in happenings around the tech sphere. Winter’s finally arrived, judging by the NYC weather outside my window — and a winter of a sort might be descending on the tech industry, too, as it unfortunately turns out. This edition of […]

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