Substance abuse affects about 15% of American employees, Path wants to ensure they get help

Substance abuse affects about 15% of American employees, Path wants to ensure they get help

America has an addiction problem. It’s a problem that serial entrepreneur Josh Bruno has seen first hand. And it’s why he’s launched a new company called Path, which pitches access to specialized substance addiction treatment professionals as an employee health benefit, to do something about it. “I have unfortunately lost Read more…

MediaLab acquires messaging app Kik, expanding its app portfolio

MediaLab acquires messaging app Kik, expanding its app portfolio

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the Read more…

China’s growing digital influence in Africa

China’s growing digital influence in Africa

There’s been a heap of China in Africa coverage over the last decade, but very little of it is focused on tech. In part, because the country’s engagement with African startups is light compared to its deal-making on infrastructure and commodities. Now, that all looks to be shifting. TechCrunch has Read more…

darwinbox event

India’s Darwinbox raises $15M to bring its HR tech platform to more Asian markets

An Indian SaaS startup, which is increasingly courting clients from outside of the country, just raised a significant amount of capital to expand its business. Hyderabad-based Darwinbox, which operates a cloud-based human resource management platform, said on Thursday it has raised $15 million in a new financing round. The Series Read more…

190615 PartandParcel 00 16384

Startups Weekly: Part & Parcel plans plus-sized fashion empire

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Stripe’s grand plans. Before that, I noted Peloton’s secret weapons.  Remember, you can Read more…

India’s Meesho raises $125M to expand its social commerce business

India’s Meesho raises $125M to expand its social commerce business

Meesho, a Bangalore-based social commerce startup, has raised $125 million to expand its business in the country and change the way millions shop online. The Series D round was led by Naspers, and existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway participating as well. Facebook also participated in the Read more…

Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M

Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M

in July, French television company Canal+ acquired the ROK film studio from VOD company IROKOtv. Canal+ would not disclose the acquisition price, but confirmed there was a cash component of the deal. Founded by Jason Njoku  in 2010 — and backed by $45 million  in VC — IROKOtv boasts the world’s largest online catalog Read more…