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Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, has raised $63 million in a funding round led by General Catalyst, with existing investors Peak XV Partners and Z47 also participating. The deal comes despite a broader slowdown in fintech dealmaking. The all-equity round values assigns the startup a…
One of the most entertaining moments in VC this week was a piece of rage-bait marketing from General Catalyst. In a now-viral post on X that parodies the old Mac vs. PC commercials, the venture firm — better known as GC — posted a “VC vs GC” video on Wednesday. The VC was played by…
Musely, a direct-to-consumer telemedicine platform, has secured over $360 million in non-dilutive capital from General Catalyst’s Customer Value Fund (CVF). The company specializes in compounded treatments for skin, hair, and menopause care. Musely co-founder and CEO Jack Jia told TechCrunch that when CVF investors reached out to him last year, he wasn’t looking to raise…
Rox, a startup developing autonomous AI agents to boost sales productivity, has raised a new funding round valuing the company at $1.2 billion, according to multiple sources. The funding included a lead investment from returning backer General Catalyst, two of the people said. Rox and General Catalyst did not respond to TechCrunch’s request for comment….
Bengaluru-based Pronto, is helping to bring India’s largely informal domestic help market online. As daily bookings climb and its city footprint expands, investors are opening their wallets. The startup said Tuesday that it raised a $25 million Series B round led by Epiq Capital, valuing the nine-month-old company at $100 million. That’s more than double…
General Catalyst, a Silicon Valley-based venture firm with more than $43 billion in assets under management, has announced it plans to invest $5 billion in India over the next five years, sharply expanding its push into the country’s startup ecosystem less than two years after merging with local venture firm Venture Highway. The commitment, unveiled…
Modal Labs, a startup specializing in AI inference infrastructure, is talking to VCs about a new round at a valuation of about $2.5 billion, according to four people with knowledge of the deal. Should the deal close at these terms, the funding round would more than double the company’s valuation of $1.1 billion announced less…
Industry reports and the growth of voice model companies in the Indian market suggest that there is a growing demand for voice AI solutions in the country. Voice is a popular medium for communication among people and businesses in India. That’s why enterprises and startups are eager to use voice AI to be more efficient…
Drug discovery, the art of identifying new molecules to develop pharmaceuticals, is a notoriously time-consuming and difficult process. Traditional techniques, like high-throughput screening, offer an expensive scattershot approach — one that is not often successful. However, a new breed of biotech companies are leveraging AI and advanced data technologies in an attempt to accelerate and…
Most people tracking their health today end up with scattered clues. Their smartwatch shows sleep duration. A fitness app logs steps. A nutrition app counts calories. Yet few tools help people understand how all of this fits together. Bevel, a New York–based startup, believes that’s the missing piece in the shift toward proactive health. The…