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Indonesia’s Astro raises $60M to work on 15-minute grocery delivery

TechCrunch

The Series B round was led by Accel, Citius and Tiger Global, with participation from existing investors AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital India. Revenues grew more than 10x over the past few months and downloads hit 1 million, the company said.

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Column Tax announces $5.1M seed round to launch mobile tax-prep products

TechCrunch

Some prominent angel investors also participated in the round, including Opendoor founder Eric Wu and former Wealthfront CEO Adam Nash. Column Tax co-founders Gavin Nachbar and Michael Bock. Bain Capital Ventures led the seed round alongside South Park Commons, Core Innovation Capital, and Operator Partners.

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Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding

TechCrunch

Virgio says consumers’ fashion preferences are changing rapidly and they are not satisfied with the incumbents’ offerings. Traditionally, the fashion industry has operated on depth and discount models,” said Nagaram, founder and chief executive of Virgio, in a statement. “At

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Taxfix, the Berlin-based mobile tax filing app, raises $220M at a $1B+ valuation

TechCrunch

The challenge that Taxfix was built to address — and those who first built it, its original founders, Mathis Büchi and Lino Teuteberg, are still with the company, respectively as chairman and CPO — was that, as TVG MD Avid Larizadeh Duggan described it, is that many people associate taxes with anxiety.

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The Importance of Due Diligence when Investing in Startups

propel(x)

Due diligence on a startup can be divided into the following two components: Industry due diligence , which refers to the big picture and involves understanding the industry, who are the incumbent players in the market, who are the competitors, what competitive advantage the startup has, what their chances of success might be, and similar research.

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Radical Ethereum entrepreneurs are redefining what ‘rape kit’ means

TechCrunch

But Leda Health co-founders Madison Campbell and Liesel Vaidya think of themselves as advocates for sexual assault survivors. . Users download Leda Health’s app and are prompted to type in information while they save evidence of the assault, such as ripped panties, in separate Ziploc bags. . We might be followed,” Campbell said. .

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Beacons debuts a ‘link in bio’ mobile website builder that helps creators make money, not just list links

TechCrunch

Other monetization blocks allow creators to accept donations or sell digital downloads — like e-books or paid video content, for instance. This particular feature comes at an opportune time. The idea for Beacons comes from co-founders Neal Jean, Jesse Zhang, Greg Luppescu and David Zheng. Image Credits: Beacons.