Growth capital investor Kennet raises $250M fund, backed by Edmond de Rothschild – TechCrunch

Venture capital is “not the only fruit” for entrepreneurs, as the often quieter ‘Growth Capital’ can also see great returns for entrepreneurs who prefer to retain a lot of ownership and control but...

Facebook is shutting down Lasso, its TikTok clone – TechCrunch

Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok . The social juggernaut’s TikTok clone is shutting down on July...

Zetwerk, an Indian B2B marketplace for manufacturing items, raises $21 million – TechCrunch

Zetwerk, an Indian business-to-business marketplace for manufacturing items, has raised $21 million in a new financing round as it looks to scale its operations in the nation and help local businesses find...

Apple and Google block dozens of Chinese apps in India – TechCrunch

Two days after India blocked 59 apps developed by Chinese firms, Google and Apple have started to comply with New Delhi’s order and are preventing users in the world’s second largest internet market...

After grinding investigation, Luckin Coffee confirms $300 million revenue fraud – TechCrunch

Luckin Coffee’s drips and drops of news the past few weeks — including a boardroom feud that is pitting the company’s chairman against a special investigation committee looking into an alleged massive...

Beyond Burger arrives in Alibaba’s grocery stores in China – TechCrunch

Beyond Meat is starting to hit supermarket shelves in China after it first entered the country in April by supplying Starbucks’ plant-based menu. Within weeks, it had also forayed into select KFC,...

Facebook launches Avatars, its Bitmoji competitor, in India – TechCrunch

Facebook Avatars, which lets users customize a virtual lookalike of themselves for use as stickers in chat and comments, is now available in India, the social juggernaut’s biggest market by users account. The...

Indian ride-hailing giant Ola adds tipping option to its app globally – TechCrunch

You can now tip your Ola driver. The Indian ride-hailing giant said on Tuesday that it has rolled out this feature to its users in India, Australia, New Zealand, and the United...

U.S. suspends export of sensitive tech to Hong Kong as China passes new national...

The United States government began measures today to end its special status with Hong Kong, one month after Secretary of State Michael Pompeo told Congress that Hong Kong should no longer be considered...

Amazon eliminates single-use plastic in packaging in India – TechCrunch

Amazon said on Monday it has eliminated all single-use plastic in its packaging across its fulfillment centers in India, delivering on a pledge it made last year to achieve this goal by...
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