Sequoia India-backed GoMechanic cuts 70% jobs after ‘grave errors’ in financial reporting

GoMechanic has laid off 70% of its workforce as the Sequoia India-backed startup grapples with funding crunch after the existing and potential investors found that the founders had misstated... Read more »

Uber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates 25% commission

Barely a year after Tanzania capped the commissions that e-hailing firms like Uber and Bolt charge their partners at 15%, the authority in charge has backtracked on the order,... Read more »

Good Meat approved to sell serum-free cultivated meat in Singapore

Good Meat announced today it has received regulatory approval from the Singapore Food Agency to use serum-free media for the production of its cultivated meat. The brand, which is... Read more »

Kate is a new car maker focused on micro-cars for everyday use

Meet Kate, a French company that wants to create a tiny car that you can use for your daily commute and various errands. In addition to CEO Matthias Goldenberg... Read more »

South Africa’s Flow gets funding to automate social media advertising for real estate agencies

The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. And it’s evident that proptech,... Read more »

Tabby raises $58M at $660M valuation as PayPal Ventures makes first investment in the GCC

MENA-based buy now, pay later startup Tabby has raised $58 million, led by Sequoia Capital India and STV, at a valuation of $660 million. The investors co-led the fintech’s... Read more »

That Microsoft deal isn’t exclusive, video is coming, and more from OpenAI CEO Sam Altman

OpenAI co-founder and CEO Sam Altman sat down for a wide-ranging interview with this editor late last week, answering questions about some of his most ambitious personal investments, as... Read more »

P2P lending platform PeopleFund raises $20M Series C extension led by Bain Capital

PeopleFund, a South Korean marketplace that connects borrowers and investors to enable lending, has recently added $20 million to its $63.4 million Series C. Existing backer Bain Capital led... Read more »

Gogoro, Belrise JV to spend $2.5B on battery swapping network in Indian state

Gogoro, the Taiwanese paladin for two-wheeler battery swapping, is working with the Indian state of Maharashtra to establish state-wide battery charging and swapping infrastructure. The initiative will be driven... Read more »

Daily Crunch: Apple powers up 14- and 16-inch MacBook Pro models with M2 Pro and Max chips

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Good news — we are back... Read more »
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