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Urban Company, India’s largest home services platform, stormed onto the public markets on Wednesday, opening 58% above its issue price after delivering the country’s most subscribed IPO of the year. The Gurugram-based startup, which connects users to at-home services ranging from beauty treatments to appliance repair, debuted on the Mumbai-based National Stock Exchange at ₹162.25…
Data-labeling startup Scale AI has hired the team behind Pesto AI, which helps companies recruit developers remotely, according to a blog post by one of Pesto’s founders. Founded in 2017 by Ayush Jaiswal and Indian food delivery platform Swiggy’s co-founder Rahul Jaimini, Pesto AI is backed by the likes of Product Hunt’s Ryan Hoover and…
Seattle-based Temporal has made its name over the last several years in the world of microservices — specifically providing a platform to orchestrate the messy business of building and operating integrations and updates across disparate services and apps in the cloud. But the AI boom has come at the company fast. Now, Temporal has raised…
Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded ‘unicorn’ building an SaaS platform for hotel management, has raised a fresh $75 million. The funding is coming at a crossroad in the travel industry. On one hand are positive signals. Analysts at…
“#Bezos-backed fake meat and dairy company NotCo raises $235M” NotCo, a Jeff Bezos-backed, fake meat and dairy company, has just joined the unicorn club. The Chilean-based company, which uses an artificial intelligence program called Giuseppe to make plant-based milk and meat products, said Monday it has raised another $235 million in a funding round that…