[Funding alert] SaaS startup Amagi turns unicorn, raises $95M from Norwest, Avataar

Cloud-based SaaS technology company Amagi has raised $95 million in a funding round led by Accel with participation from existing investors Norwest Venture Partners and Avataar Ventures. This latest investment…

Continue Reading[Funding alert] SaaS startup Amagi turns unicorn, raises $95M from Norwest, Avataar

Loveseat gets comfy with new funding to expand its returned home goods marketplace – TechCrunch

Oversized items, like furniture, have become a common fixture at the curb in weekly trash days, with the Environmental Protection Agency finding 80% ends up being disposed of in landfills.…

Continue ReadingLoveseat gets comfy with new funding to expand its returned home goods marketplace – TechCrunch

Plantish fishes for restaurant partners to try plant-based salmon filets – TechCrunch

Alternative seafood startup Plantish believes it is close to initial distribution of its whole-cut salmon filet via restaurants. The Israeli company is only a year old, but has already tackled…

Continue ReadingPlantish fishes for restaurant partners to try plant-based salmon filets – TechCrunch

Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir – TechCrunch

Informal retail is king in Africa, with hundreds of billions of dollars of consumer goods sold through its channels yearly. Yet its industry remains highly fragmented as shop owners and…

Continue ReadingSokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir – TechCrunch

Companies betting big on new businesses, scale remains a challenge: McKinsey report

In order to keep up with the rapid pace of technological progress, cater to shifts in consumer demand and generate new revenue streams, senior business executives are prioritising building new…

Continue ReadingCompanies betting big on new businesses, scale remains a challenge: McKinsey report