Home Financial Page 139

Financial

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

Elevation Capital Injects  Mn into India’s Rivigo, Marking First Deal Since Rebranding

Elevation Capital Injects $11 Mn into India’s Rivigo, Marking First Deal...

Returning investor Elevation Capital has invested Rs 84.4 crore ($11.4 million as per exchange rates on date of shares allotments) in technology enabled logistics...
Logisly Nets USM Series A Led by Monk’s Hill to Connect Shippers with Verified Trucking Firms in Indonesia

Logisly Nets US$6M Series A Led by Monk’s Hill to Connect...

Logisly, a B2B tech-enabled logistics platform in Indonesia, has secured US$6 million in a Series A financing round, led by Monk’s Hill Ventures. As per...
China’s Alibaba Said to Invest in Online Fashion Retailer Farfetch

China’s Alibaba Said to Invest in Online Fashion Retailer Farfetch

Alibaba Group Holding Ltd is in advanced talks to invest nearly $300 million in online luxury fashion retailer Farfetch Ltd, the Information reported on...
SG’s Women-Focused Fintech Startup Lucy Bags 0k in Pre-Seed Round

SG’s Women-Focused Fintech Startup Lucy Bags $360k in Pre-Seed Round

Neobank Lucy, a fintech company that supports women entrepreneurs, announced that it has just raised S$500,000 (US$365,787) in an all-women pre-seed round. This brings...
China: New IPO System to Promote Reforms across The Entire A-Share Market

China: New IPO System to Promote Reforms across The Entire A-Share...

Implementation of the registration-based initial public offering mechanism in the A-share market will help in the sustained development of the capital market, according to...
Chris Blair CEO of 21st Century

What does the medium-term budget speech mean for the everyday ’man/woman...

Chris Blair and Bryden Morton from 21st Century share some insight. “On 28 October 2020, Finance Minister Mboweni addressed the nation and presented the medium-term...
Egypt’s Brantu Raises Seven-Figure Series A for Its Fashion Ecommerce Platform

Egypt’s Brantu Raises Seven-Figure Series A for Its Fashion Ecommerce Platform

Cairo-based fashion ecommerce platform Brantu has raised a seven-figure (USD) investment in a Series A round led by one of the leading Egyptian VCs...
Noon Launches Its Mobile Wallet ‘Noon Pay’ in UAE

Noon Launches Its Mobile Wallet ‘Noon Pay’ in UAE

Noon has launched its mobile wallet ‘Noon Pay’ in the United Arab Emirates without any fanfare. The launch was announced on Noon Pay’s social...
India RIL Says ADIA & PIF Invest 3.8m Each in Jio Fibre’s Network

India RIL Says ADIA & PIF Invest $503.8m Each in Jio...

Reliance Industries on Friday said that Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund (PIF) have invested ₹3,779 crore each in Jio...
India: GST Receipts, UPI Data Show Economic Revival Is on Track

India: GST Receipts, UPI Data Show Economic Revival Is on Track

Goods and services tax (GST) collections in October crossed the ₹1 trillion mark for the first time this fiscal, joining other indicators of economic...
Malaysian Edtech Firm AOne Raises 0K Seed Round

Malaysian Edtech Firm AOne Raises $500K Seed Round

Malaysia edtech firm AOne has secured as much as $500,000 in a seed funding round led by early-stage VC firm Wavemaker Partners, according to...
Malaysian Company iCar Asia Reveals Acquisition Proposal from China’s Autohome

Malaysian Company iCar Asia Reveals Acquisition Proposal from China’s Autohome

Malaysian car listing network iCar Asia announced it has received a non-binding proposal that could see Chinese online car marketplace Autohome acquiring 100% of...