Funds
Bill Ackman gives up on Netflix, takes $400 million loss as new data is revealed
William Ackman, a billionaire investor in streaming services platform Netflix, liquidated a USD1.1 billion investment in...
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GoTo makes sizzling IPO debut. Indonesia Tech sector to boom in 2022
In a strong debut and the world’s fifth largest IPO this year, local tech company GoTo...
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Borrowings from China for white elephant projects tumbled Sri Lanka and Pakistan into crisis in 2022
China possessed Hambantota Port in Sri Lanka lies 18kms from the Mattala Rajapaksa International Airport. Unfortunately,...
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Google’s GBP3 million Black Founders Fund supported by WPP and ITV; to tackle VC inequality
Increasing its investment in black-led startups in the UK, Google for Startups will give entrepreneurs a...
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Coca-Cola’s EUR 7 million IPO in Africa will boost lucrative growth
Atlanta (USA) based Coca-Cola Company could imbibe EUR 7 billion (USD 7.63 billion) when it releases...
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Gaming market growth set to explode: Loco receives USD 42 million from South Korea’s Hashed
India’s gaming start-up, Loco , has received USD 42 million in funding from A South Korean...
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The World Bank releases USD 489 million funding relief for war-hit Ukraine
The World Bank authenticated an extra USD 489-million package underpinning Ukraine on Monday. The monetary aid...
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Accel unveils a new USD 650 million fund for India and Southeast Asia
Accel’s venture capital company declared its seventh fund for India on Tuesday. At USD 650 million,...
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Ukraine boosts funds via crypto channels; USD 10 million in crypto donations from around the world
Following Russia’s invasion of Ukraine, the latter has been raising funds through cryptocurrency channels to aid...
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NayaPay spawns USD 13 million in a seed funding round to revolutionize the payments ecosystem in Pakistan
NayaPay, a Pakistani start-up, has procured USD 13 million in a seed funding round as the...
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