Author: TechCrunch News

The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving their orders instantly after making their purchases, a source familiar with the matter told TechCrunch. The firm, majorly owned by Walmart, plans to make the instant-delivery service available in select locations as early as…

While many entrepreneurs are currently facing the harsh reality of a VC funding crunch, Qonto isn’t one of them. The Paris-based business banking startup still has hundreds of millions of cash on hand. And it is using an undisclosed portion of its cash reserve to acquire Regate, an accounting and financial automation platform. Qonto originally…

Roku users around the country turned on their TVs this week to find an unpleasant surprise: the company required them to consent to new dispute resolution terms in order to access their device. The devices are unusable until the user agrees. Users (at least, this user) received an email the day before saying that “we…

OpenAI, the most valuable AI startup, said Wednesday it intends to dismiss all claims made by Elon Musk in a recent lawsuit and suggested that the billionaire entrepreneur, who was involved in the company’s co-founding, didn’t really have that much impact on its development and success. In a blog post authored by the entire OpenAI…

Products derived from animals have that familiar taste and texture, and replicating that with plant-based alternatives has been a challenge for some companies. Dairy, in particular, is an area where you have to get that “creaminess” texture but without the real cream. Cultivated Biosciences, a Swiss biotechnology food startup says it has solved this with…

Saudi Arabia is poised to become one of the largest global construction hubs owing to its trillion-dollar infrastructure and the real estate projects that are underway in the country. Yet even as the sector in the country continues to expand exponentially, it remains entrenched in traditional practices, leading to project interruptions and increased costs, says…

When you think about commerce platforms, chances are the first names that come to mind are big names like Adobe Commerce or Salesforce Commerce Cloud. Large companies processing millions of orders already have a technological solution to manage their operations. But small companies that are handling $5 million or $20 million in sales volume per…

Consumer lapel mics are one of the more interesting consumer electronics trends of recent years. Prior to this, lavalier microphones and their ilk were largely the domain of professional film crews. While some plug-in solutions have emerged for smartphones over the years, it wasn’t until recently that one could purchase an affordable set to capture…

Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the fact that shutting down startups is big business, Stripe’s new valuation, Klarna’s latest AI update and more. To get a roundup of TechCrunch’s biggest and…

Derek Smith, the founder of Plug In South LA, grew up in southern Los Angeles and saw first-hand the frustration that stems from lack of economic development. That’s why he decided to come home in 2015, after spending the first part of his career in NYC, to start a startup incubator in his old neighborhood.…