Meta partnership allows Indian WhatsApp users to browse and buy groceries via JioMart

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( and [Haje Jan Kamps]( Monday, August 29, 2022 Good morning, you crunchy ol’ pirates. Good to see you again, and hope you had a swell weekend. On Wednesday, we’re hosting a healthcare-focused TechCrunch Live. It’ll be fun! [Tune in here](, and if you want to [be part of the 2-minute pitch practice](, Haje will be on the lookout for your applications. Now, grab yourself a glass of water, and settle in with some tech-newsy goodness from the TC team! —[Christine]( and [Haje]( [ image] Image Credits: WhatsApp The TechCrunch Top 3 - [Order up](: Meta [joined forces]( with Reliance Retail and Jio Platforms two years ago to test grocery shopping on WhatsApp in India, and [Manish]( and [Jagmeet]( write that customers can now “browse JioMart’s entire grocery catalog on WhatsApp, add items to a cart and make the payments via local payments rail UPI without ever leaving the instant messaging service.” - [Welcome back](: Former Amplify co-founder and CEO Segun Adeyemi is back with Anchor, a banking-as-a-service startup that is helping businesses offer financial products in Nigeria and across Africa. It also caught the eye of Y Combinator and other investors, who put in over $1 million, [Tage]( reports. - [Hail to the chief](: Speaking of YC, [Mary Ann]( and [Natasha M]( paired up to report on today’s surprise news that Initialized Capital founder Garry Tan is going to be the accelerator giant’s next president and CEO. [Alert! Labor Day Sale Is Here - TechCrunch Disrupt 2022]( Sponsored by [TechCrunch]( [We’re rolling back #Disrupt2022 pass prices this Labor Day! Grab your passes now to the most iconic startup ecosystem conference in the world from Oct 18-20 in San Fran and Oct 21 online! Starting prices are back down to $195 but are set to rise again Sept. 6 at 11:59pm PT!]( [Save Now]( Startups and VC As we all know, the housing market goes through cycles. Low interest rates mean more purchases and refinances. Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry, [Mary Ann]( writes in [this week’s issue of the Interchange, our fintech newsletter](. Kli Capital was your average family office headed up by a former tech entrepreneur looking to opportunistically back a new fleet of founders. [Becca]( reports that the firm changed gears in [the firm’s third fund, as it evolved into a multi-LP fund](. - From chillcore to core chill: [Ivan]( reports that music streaming service [Deezer is testing a meditation app](. - A stroke of genius:[Health tech startup Neurofenix puts a new spin on home stroke rehabilitation](with the NeuroBall, [Devin]( reports. - Soaring highs, cutting lows: Just five months after[fintech Argyle raised a $55 million round,]( the startup cuts a bunch of jobs,[Natasha M]( reports. - Into the sea, you and me:[Mermade Seafoods swims in cell agriculture waters](to make cultivated scallops, [Christine]( reports. - A test of the times: African genomics startup [54gene lays off 95 employees](as its COVID testing business struggles, [Tage]( reports. [A Gen Z VC speaks up: Why Gen Z VCs are trash]( Tech investors born after 1996 “have raised funds, garnered social media followings and profited from the Gen Z mentality,” says Andrew Chan, a senior associate at Builders VC. However, “Gen Z, no matter how you slice it, are still a bunch of kids. Myself included,” he notes in a TC+ guest post. “Good for them. I don’t want to be any part of it.” Chan says too many investors in his age cohort rely on “youth, group-think identification and confidence as a substitute for hard work and experience.” “It might work for now, but if that’s success for my generation of venture capitalists, then I would have rather stayed in my happy little bubble writing geochemistry code at NASA JPL.” (TechCrunch+ is our membership program, which helps founders and startup teams get ahead.[You can sign up here](.) [Read More]( [A Gen Z VC speaks up: Why Gen Z VCs are trash image] Image Credits: Anastasiia Yanishevska / EyeEm / Getty Images Big Tech Inc. If you like earbuds that glow, you will enjoy [Haje](’s review of Angry Miao’s [Cyberblade gaming earbuds](. We think “these are some of the best-manufactured in-ear headphones I’ve ever seen” pretty much sums it up. Remember the vintage [Apple iMac Blueberry](? That’s what the back of the [new Aston Martin Valhalla]( reminds us of. For true car connoisseurs, [Jaclyn]( writes this high-performance vehicle is being used to “develop a playbook for its future EVs.” - Can’t buy me love: Four years later, Facebook seems ready to [settle the Cambridge Analytica lawsuit](, [Natasha L]( reports. For those of you who don’t recall, that was related to user data that was allegedly shared illegally. - Biting into Apple: Meanwhile, Apple may need to get its lawyers ready. [Sarah]( reports that the U.S. Justice Department is preparing to [file an antitrust lawsuit against Apple](. - The ads are here: It looks like [Netflix’s ad-supported plan]( will run you a cool $7 per month,[Ivan]( writes. Get ready for four minutes of commercials in an hour-long show. - Light ’em up: Honda and LG Energy have plans to build a $4.4 billion [lithium-ion plant]( somewhere in the U.S., [Jaclyn]( reports. - No copycat here: There’s been a number of apps trying to replicate BeReal’s experience, but [Amanda]( writes that [Snapchat’s Dual camera feature]( doesn’t really fall into that category. [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Senior Software Engineer (REMOTE ROLE) - Graphql, Node, React, AWS at EVgo (Santa Monica, CA, USA)]( - [Systems Administrator - Tyler Munis at Tualatin Hills Park and Recreation District (Beaverton, OR, USA)]( - [IT Technician at Santa Clara Valley Open Space Authority (San Jose, CA, USA)]( - [Web Developer at Wake Forest University (Winston-Salem, NC, USA)]( - [Chief Information Officer at King County (King County, WA, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $200 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2022 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103