Home Financial Page 129

Financial

Financial News – Tech giants, Startups, Investments, Industry, E-commerce and Financial Policy.

SG’s Evergreen Assets Management Looks to Raise m for Indochina Expansion

SG’s Evergreen Assets Management Looks to Raise $73m for Indochina Expansion

Singapore-based Evergreen Assets Management is raising a $73 million (S$100 million), five-year, closed-end fund to finance the expansion of its business in Indochina and...
Google snubs WeWork, signs lease with coworking rival

Google snubs WeWork, signs lease with coworking rival

Google has walked away from a potential Toronto lease with WeWork after months of negotiations, agreeing to take space from rival co-working firm IWG...
On-demand logistics platform Smatbeba launches in Nairobi

Airtel-Telkom Merger will leave over 500 Kenyan people jobless

  The planned merger between Airtel and Telkom Kenya is taking shape with Telkom announcing a plan to send home most of its employees to...
First Peek At Indian Unicorn Zomato’s Key Financial Ratios Ahead Of Its IPO

First Peek At Indian Unicorn Zomato’s Key Financial Ratios Ahead Of...

Food delivery firm Zomato Ltd has filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) of its shares, enabling a closer...
Industry Report - Ernst & young released “2019 Global Financial Technology Adoption Rates Index”

Industry Report – Ernst & young released “2019 Global Financial Technology...

  According to the “2019 Global Financial Technology Adoption Rates Index” reports released by Ernst & Young, the adoption rates of consumer fintech in both...
Tencent Invests in China’s Largest Animal Hospital Chain

Tencent Invests in China’s Largest Animal Hospital Chain

Shenzhen-based New Ruipeng Pet Healthcare Group has closed a financing round led by Tencent (HKSE: 0700), bagging hundreds of millions of dollars. Germany-based pharmaceutical company...
Softbank, Others Close to Investing -60m in Grofers

Softbank, Others Close to Investing $55-60m in Grofers

Japanese investment conglomerate SoftBank, along with other investors, is close to investing about $55-60 million in Grofers to help the latter build a war...
Eastern Bell Capital Raised $365 Million Funds

Eastern Bell Capital Raised $365 Million Funds

Eastern Bell Capital raised $365 million. It is its first us dollar fund in the past ten years.  The investors include Sovereign Wealth, Insurance...
Chinese Industrial Smart Solution Service Provider HeroopSys Raised ¥50 million in Series B Round Funding Led by DHC

Chinese Industrial Smart Solution Service Provider HeroopSys Raised ¥50 million in...

Chinese industrial smart solution service provider HeroopSys raised ¥50 million in Series B round funding led by DHC and Qiansheng Venture Capital. The investment...
Lightspeed Launches Extreme Entrepreneurs 3.0 for High Potential Startups in SEA, India

Lightspeed Launches Extreme Entrepreneurs 3.0 for High Potential Startups in SEA,...

Global multi-stage VC firm Lightspeed Venture Partners has announced the launch of the third edition of Extreme Entrepreneurs (EE), a learning programme designed to...
Indonesia’s Fishery Products Marketplace Aruna Raises US.5M, Claims 86x Growth Amidst Pandemic

Indonesia’s Fishery Products Marketplace Aruna Raises US$5.5M, Claims 86x Growth Amidst...

Aruna, an online marketplace-cum-auction-platform for fishery products in Indonesia, announced today it has closed a fresh investment round to the tune of US$5.5 million...
China’s Medical Big Data Company Genowis Raised ¥60 Million in a Series B Round Funding Led by Huagai Capital

China’s Medical Big Data Company Genowis Raised ¥60 Million in a...

China’s medical big data company Genowis raised ¥60 million in a series B round funding led by Huagai Capital and followed by Phoenix Tree...