750M

Ivan Mehta / TechCrunch: Bengaluru-based audio platform Pocket FM, which offers series with short episodes, raised a $103M Series D led by Lightspeed, a source says at a $750M valuation — India-based audio platform Pocket FM has secured $103 million in Series D funding led by Lightspeed Ventures with participation from Stepstone Group. Ivan Mehta / TechCrunch: Bengaluru-based audio platform Pocket FM, which offers series with short episodes, raised a $103M Series D led by Lightspeed, a source says…

Happy Monday! Homegrown investment fund A91 Partners is once again upping the size of its latest India-dedicated fund, per sources in the know. Details of this and more in today’s super packed ETtech Morning Dispatch.Also in this letter:■ Cobranded credit cards under RBI lens■ BigBasket, Flipkart deliveries to pick up pace■ Byju’s clears February salary for some A91 Partners on track to raise its largest fund at $700-750 million (L-R) VT Bharadwaj, Abhay Pandey, and Gautam Mago, A91 PartnersA91 Partners, which has backed…

Meta (formerly Facebook) might owe people who used the social media site between 2007 and 2022 some money due to privacy infringement, according to Mashable. The social media giant has reached a settlement in a class-action lawsuit where it admits no fault in the claims against the company, but has agreed to pay out $725 million in damages. The money is available to all who submit a claim by the appropriate deadline of August 25, 2023. If you are (or were) a Facebook user, here’s how to know if you’re eligible and…

Dallas-based infrastructure manufacturer Arcosa (NYSE: ACA) said today that it’s received $750 million worth of wind turbine tower orders, so it’s building a new factory where it can make them. The majority of the company’s wind turbine tower orders will support wind energy projects currently under way in the US Southwest, so that’s why it will build its new factory in Belen, New Mexico, southwest of Albuquerque. As of 2022, New Mexico had 4,235 megawatts of installed wind capacity, which…