Investment giant Prosus has written down the valuation of edtech giant Byju’s to below $3 billion, marking a steep drop from the $22 billion valuation the Indian startup hit just early last year. Byju’s is facing many “challenges” and Prosus and other backers are working alongside to aid the Bengaluru-headquartered startup’s recovery, Prosus interim chief…

You might not be familiar with Hexa, the Paris-based startup studio that has launched dozens of B2B software companies, but some of its portfolio companies have become well-known unicorns, such as Front, Aircall and Spendesk. And it turns out that Hexa itself could be considered as a startup as the company just raised a funding…

Funding is a necessary part of growing and scaling your startup. However, investors can do more than just provide funding for your company; many VCs are highly experienced and can provide valuable insights and tips on running a business. Every year, TechCrunch highlights the most promising 200 early-stage founders from around the world to showcase…

On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. With China reopening its borders this spring following three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking the Bay Area. While…

Berkshire Hathaway exited Paytm-parent firm One97 Communications Friday at a loss of about 40% on the high-profile investment it made more than five years ago. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of about $10 billion. The investment…

When Maha Shazhad was 19, she was forced to drop out of university in Pakistan because she couldn’t find safe and reliable transportation. Shazhad explained to TechCrunch that 85% of working women in the country have faced sexual harassment at least once on public transport. Then when she started working, she spent more than half…

Founded by an expert on geography and globalization, Climate Alpha’s AI-based platform helps real estate owners and investors analyze the impact of climate change on their portfolios. The Singapore-based startup announced today it has raised $5 million in seed funding led by Jungle Ventures through its new First Cheque@Jungle program for second-time founders and operators…

Cameroonian health startup Waspito has secured a $2.5 million seed extension from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian ventures and CFAO’s Health54 to spur its growth in the Francophone region. Waspito is a health-focused social network that allows users (patients) to access and consult with verified doctors over video calls. Additionally,…