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EV Startup Harbinger's Obsession with Simplicity Fuels $100M Series B- BC

EV Startup Harbinger’s Obsession with Simplicity Fuels $100M Series B– BC

It’s not an easy time to raise money for an electric vehicle startup, especially considering how many have failed or are about to fail. But based in Los Angeles Herald has achieved this by taking a highly focused approach on electrifying commercial road transport. The reward is a $100 million Series B, co-led by Tesla’s […]

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India's Largest Commerce App Groww Seeks $7 Billion Value in IPO- BC

India’s Largest Commerce App Groww Seeks $7 Billion Value in IPO– BC

Groww, India’s largest retail brokerage, is preparing to file for an initial public offering (IPO) in 10 to 12 months, seeking a valuation between $6 billion and $8 billion, sources told britcommerce familiar with the matter. The listing of the Bengaluru-based company would be the first initial public offering of a digital commerce platform in

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Perplexity Reportedly Looking to Raise Funds at $8 Billion Valuation- BC

The Justice Department wants a Perplexity executive to testify in its Google antitrust case– BC

A US court ruled in August that Google has a search monopoly, and while Google appeals, the Justice Department is figuring out what kind of potential penalties to impose, such as breaking Chrome. As part of this process, the Justice Department wants to call a specific witness, according to a recent court filing: Dmitry Shevelenko,

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Financial inclusion brings African fintech M-KOPA to $400 million in ARR- BC

Financial inclusion brings African fintech M-KOPA to $400 million in ARR– BC

An African fintech that has grown with a team of 30,000 direct sellers is marching toward profits in country after sub-Saharan country. Now, M-KOPAThe pay-as-you-go asset financing platform that serves 5 million unbanked Africans, is moving towards a major milestone: surpassing an annual revenue rate of $400 million by the end of the year. The

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Turnover Labs helps chemical plants reuse waste CO2- BC

Turnover Labs helps chemical plants reuse waste CO2– BC

As petrochemical plants and other emitters look to reduce emissions, they are finding that absorbing and storing all the carbon dioxide they produce isn’t cheap. First they have to capture it, a process that consumes a lot of energy and requires specialized equipment. Then they have to transport and store it, which can be complicated

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Table Space eyes $2.5 billion valuation in India IPO- BC

Table Space eyes $2.5 billion valuation in India IPO– BC

Table Space, an Indian managed workspace provider, is targeting a valuation of $2.5 billion or more for an initial public offering planned for next year, sources familiar with the matter told britcommerce. The Bengaluru-based startup has hired Axis as bookrunner for the IPO, sources said. Founded in 2017, Table Space rents large office spaces, transforms

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