Funds
Uber sells 7.8% stake in India’s Zomato for USD392 million
Uber Technologies has sold its entire 7.8 percent stake in Indian food delivery company Zomato for...
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Helicap Investments lists flagship Helicap Fund 1 on ADDX to augment financial inclusion in South East Asia
Singapore-based fintech firm Helicap has listed Helicap Fund 1, its flagship fund, on private market exchange...
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BankIslami becomes first Islamic bank to finance Shariah-compliant EWHR in 2022
BankIslami has become the first Islamic Bank to have effectively structured and dispensed Pakistan’s first Shariah-compliant...
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Swedish fintech company Klarna raises USD 800 million in new funding
Swedish payments firm Klarna Bank AB announced the closing of a new USD 800 million financing...
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Mahindra & Mahindra amenable to investing in EV battery cell manufacturers to secure supplies in 2022
India’s Mahindra & Mahindra could consider investing in a battery-cell company to meet future electrification plan...
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WeFox Closes USD400 million Series D Round at USD4.5 Billion Valuation
WeFox, the Insurtech company based in Berlin, has successfully completed a Series D funding round of...
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Levi Strauss hikes dividend as second-quarter earnings exceed expectations in new 2022 estimates
Levi Strauss last week reported quarterly revenue and earnings that came in above Wall Street expectations,...
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In new Series A round, InternMatch raises USD10 million for global expansion
InternMatch, an edtech startup which places college graduates and students into internships worldwide, has raised USD10...
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California Budgets USD 75 million to keep the last nuclear plant operating to avoid blackouts
The California Legislature has just taken the first step to possibly extending the life of the Diablo...
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Aston Martin reviews funding options amid reports of Saudi investment talks in 2022
Aston Martin said that it is keeping funding options underway after reports Saudi Arabia’s investment arm...
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