Sequoia Capital India has selected 23 early-stage startups for its fifth cohort of Surge, its accelerator program for India and Southeast Asia, at a time when dealflow activity is at its peak in the region. The new cohort, Surge’s largest to date, have collectively raised $55 million, the storied investment firm said Wednesday. The group also includes 10 women founders,…
India-based technology startup Salesken.ai has secured an exposed server that was spilling private and sensitive data on one of its customers, Byju’s, an education technology giant and India’s most valuable startup. The server was left unprotected since at least June 14, according to historical data provided by Shodan, a search engine for exposed devices and databases. Because the server was without a…
Ably is a Pub/Sub messaging platform that companies can use to develop realtime features in their products. The company just raised a $70 million Series B funding round co-led by Insight Partners and Dawn Capital. Every day, you use various apps that push and fetch data in realtime. When you send a message in your favorite chat app, when you edit a document collaboratively, when you…
IDnow, a German-based identity verification startup is acquiring ARIADNEXT, a French equivalent, specializing in remote identity verification and digital identity creation. A price was not released by either party but TechCrunch understands from sources that the deal was approximately $59 million / €50 million. Sources say IDnow is looking to do similar acquisitions. IDnow says the combined entity will be able…
London-based insurtech hyperexponential (“hx”) – which has a mathematical modeling software for the commercial insurance sector – has closed an $18m funding round led by growth capital fund Highland Europe. Hxsays it helps companies build, deploy and update their insurance pricing models faster, via a SaaS platform called Renew which is aimed at actuaries, data-scientists and underwriters. Amrit Santhirasenan, hx’s CEO and…
