Cmwj Skype co-founder snags $105M for fintech lending venture in Southeast Asia
Navier just picked up a seed round at the beginning of the year, at which point the boat was a 27-foot twinkle in the eyes of its founders, Sampriti Bhattacharyya whom I met on the Accelerator at Sea and Reo Baird. Now it a real 30-foot boat actually plowing through the waves at 25 knots.The craft is fully electric and uses hydrofoiling to get around the fact that batter
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ies, while fine for wheeled vehicles, run out fast when you ;re pushing water out of the way the wh
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ole time you ;re moving forward. Hydrofoiling basically takes advantage of the physics of how water resists forward motion to cause the bulkiest part of the boat to lift up above the surface, while the propulsion part stays below, attached by thin fins.The ba
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sic approach is not unique 鈥?Candela also makes a few electric hydrofoiling boats and is trying to access some of the same markets. But Navier touts a longer range 鈥?about 75 nautical miles versus the Candelas ; 50 鈥?and a more le Xqmg And the winner of Hardware Battlefield at TechCrunch Shenzhen 2019 is8230; Okra
The deal currently values U
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ber Eats ; India business at around $400 million, one of the sources said. As part of the deal, Uber may invest between $150 to $200 million in Zomato and get a sizable stake in the 11-year-old Indian firm, people said.A spokesperson of Uber declined to comment on Saturday. A text to Zomato founder and chief executive Deepinder Goyal, who met Uber executives l
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ast week, remained unanswered.Uber and Zomato are still negotiating the terms, but the deal could finalize before the end of the year, people said. Indian newspaper Times of India聽first reported about Zomato and Uber talks last month.The talks come at a time when Zomato is about to close a new financing round of $600 million, Goyal told news agency PTI earlier this month. TechCrunch reported
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earlier that China Ant Financial was close to leading a funding round of up to $600 million in Zomato聽at a valuation of $3 billion.If the deal goes through, it would mark the end of a year-long s