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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. They were brought back together by the pandemic to start the e-commerce enablement company.

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Akeyless secures a cash infusion to help companies manage their passwords, certificates and keys

TechCrunch

After finding it, the three co-founders together built a service for managing passwords, API keys and digital certificates, which evolved into a fully fledged business — Akeyless — over the course of the next several years. billion by 2025. If Akeyless’s co-founders have concerns, they didn’t show it.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

. “The funding will be used to accelerate scaling of the engineering and business teams globally, and to continue investing in both hardware and software innovation,” founder and CEO Krishna Rangasayee told TechCrunch in an email interview. billion by 2025. As over-100-employee Sima.ai Edge computing is forecast to be a $6.72

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

CEO and founder Nitin Jayakrishnan says that the new capital will be put toward expanding Pando’s global sales, marketing and delivery capabilities. This, along with the platform’s emphasis on no-code capabilities, differentiates Pando from incumbents like SAP, Oracle, Blue Yonder and E2Open, Jayakrishnan asserts.

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India’s central bank cracks down on fintech startups

TechCrunch

“The rule is very confusing and strange,” said a fintech founder on condition of anonymity to avoid upsetting RBI officials. ” the founder added. Amazon Pay, Paytm Postpaid and Ola Money are cautious, too, because many believe that they might be impacted as well.

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Minna Technologies, a subscription management tool for banking customers, raises $18.8M

TechCrunch

Founded in Gothenburg, Sweden in 2016, Minna enables customers to manage subscription services via their existing bank’s app. The average European is spending £301 (€333) a month on 11 subscriptions, which is predicted to increase to £459 (€508) a month on 17 subscriptions by 2025. It has now raised $18.8 million (€15.5

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Fresh from controversy, call center analytics firm Loris raises $12M

TechCrunch

billion by 2025, a steep climb from $190 million in 2016. Loris was launched in 2018 by Nancy Lublin, the former CEO of nonprofit social advocacy group Do Something and the founder of the Crisis Text Line, a suicide prevention organization. According to Statista, the size of the global chatbot market could surpass $1.25 ” Loris.