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fromTechCrunch
6 days ago

Zepto raises $450 million at $7 billion valuation as Indian quick commerce market heats up | TechCrunch

Indian quick commerce startup Zepto said it has raised $400 million in a funding round led by a new investor, California Public Employees' Retirement System (CalPERS), a U.S.-based pension fund. The round, which is a mix of primary and secondary investment, also has participation from existing investors, including Avenir, Avra, Lightspeed, Glade Brook, The Stepstone Group, and Nexus Venture Partners. After this funding, the company plans to go public next year.
Startup companies
Startup companies
fromTechCrunch
4 months ago

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028 | TechCrunch

Sword Health raised $40 million, increasing its valuation to $4 billion, while delaying potential IPO plans to ensure broader service validation.
CEO Virgílio Bento is prioritizing acquisitions and a diverse service portfolio before considering an IPO.
Artificial intelligence
fromTechCrunch
5 months ago

Klarna's revenue per employee soars to nearly $1 million thanks to AI efficiency push | TechCrunch

Klarna is leveraging AI to boost efficiency and reduce costs, resulting in significant revenue growth per employee.
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