May 25, 2022

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Welcome to the Daily Crunch on Thursday, April 7, 2022! We’d like to congratulate Fabulinga on winning the gaming-updates City Spotlight (Austin Edition) raffle. Check out all of our City Spotlight content to learn more about Austin’s startup scene.

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Vanity Kip top 3

  • Tata Group Introduces E-Commerce with Super AppThe Indian conglomerate, known for its myriad companies including software and telecoms, has gathered all of its assets into one big hug of, uh, “super apps” called Tata New, which has allowed the company to buy some e-commerce platforms like products. Launched today for shipping -commerce. Electronics and Hotels. We report that it has been developed for at least three years and includes services for the payment of a loan and insurance.
  • The layoff saga is no better: Leaked video of a 12-minute meeting Vanity Kipa had with her remaining employees after she fired 900 of her colleagues in December. In it, CEO Vishal Garg admitted that due to a lack of discipline, the company lost about $200 million, saying, “Today we admit that we hired too many people and hired the wrong people.” We have failed. I failed…we probably could have made more money last year and be thin, angry and hungry.”
  • When you know it’s time to go public…: Enterprises have been moving to the cloud for a long time. When Amadeus, a supplier of public transportation systems, saw the text on the wall seven years ago, the company decided to embark on a path that proved difficult but was on the path to greater efficiency.

Startups and venture capitalists

Ladies, gentlemen, and those who don’t fit any of the descriptions, every drop of self-control is needed these days. I’d like to point out that I didn’t make a terrible joke about the multiple meanings of the word “seed” in regards to seed funding. The company is building a community and services to support people trying to grow our global population, one little person at a time. Parentink moves from Singapore after the success of Conceive; The company just raised $22 million for its parent community and D2C brand.

Folklore highlights Europe’s best design talent [Africa]and the demand for these culturally reflective products is skyrocketing,” Folklore CEO said of the $1.7 million fundraiser and launch of the B2B e-commerce platform. We are also seeing strong growth in DIY workers and the sharing economy in Africa, with ImaliPay raising $3 million to provide financial services to DIY enthusiasts across the continent.

I have to admit that the only thing that scares me more than self-driving trucks (like the big Kodiak robots that run 131 hours non-stop) are autonomous heavy construction vehicles. I’ve seen The Terminator and I know how it ends.

Delicious freshly baked news from gaming-updates:

3 Ways Deep Tech Founders Can Avoid Pilot Purge

A woman looks towards the entrance to the Jomblang Cave

image credit: Yingwei Liu (Opens in a new window) / Getty Images

With so many high-tech startups operating on the frontier, founders in this space have a hard time raising funds, attracting customers, and product-to-market fit.

Many of these companies will retire early because they will never move from pilot to full implementation. “This is a huge, widespread industry problem,” said Champ Sutiponchai, co-founder and general partner of Creative Ventures.

“While I don’t think I have a solution, I do know three ways deep tech founders can ensure that their time at Pilot Purgatory ends up rolling out.”

(gaming-updates+ is our membership program that helps founders and startup teams grow. You can sign up here.)

Big Tech Inc.

It’s Major League Baseball’s opening day, and while we were eating our peanuts and crackers (which include peanuts, but we digress), we saw some of the big tech companies remove it from the park today. General Motors has chosen the opening day to announce that the Bolt is back from a massive recall as streaming services line up their bats to stream sporting events on their platform.

Speaking of streaming services, the HBO Max app for Apple TV is getting an update to address some of the performance issues users have been experiencing and introduce a host of new features, including a “drink mode” that allows you to skip credits and watch videos. Your next episode can begin. television show. Spotify has introduced new features and functions of its Car Thing in-car entertainment system such as call control and music playback from other media. Meanwhile, TikTok has again delayed the opening of its first UK data center, which will be located in Dublin, citing delays due to the global pandemic.

We almost ate all of this food, but here are a few more bites you might like:

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