Blue Origin sells seat on suborbital spaceship for $28 million

$28 million bidding

RR Auction’s Steve Little yells “Sold!” and completes the tender for a seat on Blue Origin’s suborbital spacecraft for $ 28 million. (Blue Origin via YouTube) A vacant seat on the very first crew to fly Blue Origin’s suborbital New Shepard was auctioned today for $ 28 million, millions more than the International Space Station’s … Read more

SOSV, the global venture firm, just closed a $100 million fund to back its maturing startups – TechCrunch

SOSV, the global venture firm, just closed a $100 million fund to back its maturing startups – TechCrunch

Sean O’Sullivan, founder of global venture company SOSV, has slowly but steadily built a sizeable operation over the years. SOSV began as a family office and invested O’Sullivan’s capital after co-founding two companies, including MapInfo, a company that went public in 1994 before Pitney Bowes took over three more funds years later in 2007 , … Read more

Tiger Global in talks to invest in Classplus at over $250 million valuation – TechCrunch

Tiger Global in talks to invest in Classplus at over $250 million valuation – TechCrunch

Tiger Global is in talks to lead a $ 30 million round at Indian edtech startup Classplus, sources familiar with the matter. The new round, which includes both primary investments and secondary transactions, values ​​the five-year-old Indian startup at over $ 250 million, two sources told TechCrunch. The new round follows another ~ $ 30 … Read more

Home services platform Urban Company raises $255 million at $2.1 billion valuation – TechCrunch

Home services platform Urban Company raises $255 million at $2.1 billion valuation – TechCrunch

Home Services Market Urban Company announced Wednesday that it has raised $ 255 million in a new round of funding and confirmed a valuation of $ 2.1 billion. The new round of funding – a Series F – was led by Prosus Ventures, Dragoneer and Wellington Management, while Vy Capital, Tiger Global and Steadview participated. … Read more

Jai Kisan, a fintech startup aimed at rural India, raises $30 million – TechCrunch

Jai Kisan, a fintech startup aimed at rural India, raises $30 million – TechCrunch

Jai Kisan, an Indian startup trying to bring financial services to rural India, where commercial banks have single-digit penetration, said Monday it had raised $ 30 million in a new round of funding to help scale its business. Hundreds of millions of people in India now live in rural areas. Most of them have no … Read more

Tiger Global leads $30 million investment in Indian Twitter rival Koo – TechCrunch

Tiger Global leads $30 million investment in Indian Twitter rival Koo – TechCrunch

Investors are backing Koo, an Indian alternative to Twitter, with extensive checks at a time when tensions are building between the American social network and New Delhi. The Indian startup announced on Wednesday that it had raised $ 30 million in a funding round led by Tiger Global Management. Mirae Asset, IIFL’s venture capital fund, … Read more

Eclipse Ventures has $500 million more to digitize old-line industries and bring them up to speed – TechCrunch

Eclipse Ventures has $500 million more to digitize old-line industries and bring them up to speed – TechCrunch

Two years ago we spoke to Lior Susan, the founder of the now six-year Eclipse Venture in Palo Alto, Ca. At the time, the outfit believed that the next big thing wasn’t another social network, but rather the transformation of old industries through full-tech Stacks – including hardware, software, and data – that could bring … Read more

More than 13 million people in India applied for Covid-19 vaccines after minimum age lowered to 18

Syringes filled with COVISHIELD vaccine for COVID-19 lie on ice box at a primary health center in Srinagar, Indian controlled Kashmir, on April 28.

Indian Prime Minister Narendra Modi urged people to continue appearing “in accordance with the Covid-19 protocols” and to vote during the final stage of the West Bengal state elections. Modi and his Bharatiya Janata Party (BJP) have come under fire for holding several rallies in West Bengal prior to the elections. Thousands were in attendance … Read more

Russia fines Apple $12 million for abusing its App Store dominance

Russia fines Apple $12 million for abusing its App Store dominance

According to Reuters, Apple has been fined $ 12 million by the Russian Antitrust Agency (FAS) for allegedly abusing its dominance in the App Store. The investigation arose out of a 2019 complaint from Kaspersky Lab alleging that Apple forced the company to limit the functionality of its Safe Kids app shortly after Apple introduced … Read more