Uber to buy delivery arm of Turkey’s Getir

Uber to buy delivery arm of Turkey’s Getir

Uber has agreed to acquire the delivery business of Turkey’s Getir, once one of the biggest success stories of the country’s startup ecosystem, the company announced on Monday The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. The ride-hailing giant will also pay $100 million for a…

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India has changed its startup rules for deep tech

India has changed its startup rules for deep tech

Deep tech startups in sectors such as space, semiconductors, and biotech take far longer to mature than conventional ventures. Because of that India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products. This week, the Indian government updated its startup framework, doubling the period…

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