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The Sale of Enbridge’s Equity Raises Hopes for the Revival of The Canadian Market-thumnail

The Sale of Enbridge’s Equity Raises Hopes for the Revival of The Canadian Market

Bankers and attorneys expressed hope for a rebound in Canadian equity capital markets (ECM) issuance following Enbridge’s recent C$4.6 billion capital issue and a slew of new U.S. agreements.

Business

Sep 26, 2023

Vertex Ventures Leads $20 Million Funding Round for Pilgrim-thumnail

Vertex Ventures Leads $20 Million Funding Round for Pilgrim

Pilgrim, a direct-to-consumer (D2C) personal care company, said that Vertex Ventures Southeast Asia and India led its most recent fundraising round

Business

Sep 26, 2023

Five tech startups receive investments from Flipkart Ventures-thumnail

Five tech startups receive investments from Flipkart Ventures

As part of its accelerator program, Flipkart Ventures, the e-commerce giant’s investment arm, announced on Monday that it is investing in five early-stage, tech-focused firms.

Business

Sep 25, 2023

ADNOC and Abu Dhabi’s TAQA secure financing for $2.2 billion water project-thumnail

ADNOC and Abu Dhabi’s TAQA secure financing for $2.2 billion water project

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) are the nation’s two largest oil companies.

Business

Sep 25, 2023

The SoftBank Corp. will raise more than $800 million through bonds-like class shares-thumnail

The SoftBank Corp. will raise more than $800 million through bonds-like class shares

SoftBank Corp. will decide as early as Monday whether to raise up to 120 billion yen (S$1.1 billion) through Japan’s first IPO of bond-type class shares.

Business

Sep 25, 2023

In an effort to prevent China from benefiting from $52 billion in funds for chips, the US finalises rules-thumnail

In an effort to prevent China from benefiting from $52 billion in funds for chips, the US finalises rules

The U.S. Commerce Department is releasing final regulations on Friday to stop China and other nations that are considered to be a threat to American national security from using subsidies for semiconductor manufacture.

Investment & Funding

Sep 22, 2023

Jensen Huang, CEO of Nvidia touts India as a major AI market to hedge against China’s risks-thumnail

Jensen Huang, CEO of Nvidia touts India as a major AI market to hedge against China’s risks

Nvidia Corp. Chief Executive Officer Jensen Huang visited four cities on a five-day trip to India earlier this month, dined with tech leaders and researchers.

AI

Sep 21, 2023

Report says Indian IT poised to ride $4 trillion AI wave-thumnail

Report says Indian IT poised to ride $4 trillion AI wave

India’s technology industry is well-positioned to take advantage of the $4 trillion opportunity that the worldwide market for generative artificial intelligence (genAI) is expected to present.

AI

Sep 21, 2023

With new AI principles, the UK focuses on transparency and access-thumnail

With new AI principles, the UK focuses on transparency and access

By emphasising the need for accountability and transparency, Britain established rules aimed at preventing generative AI models like ChatGPT from being dominated by a small number of significant digital corporations

AI

Sep 18, 2023

As India pushes local manufacturing, Xiaomi supplier Dixon Tech will open a smartphone plant-thumnail

As India pushes local manufacturing, Xiaomi supplier Dixon Tech will open a smartphone plant

Dixon Technologies India Ltd., a supplier to Xiaomi Inc., plans to open a sizable new plant on the outskirts of New Delhi as India encourages Chinese tech companies to work with local assembly partners.

Business

Sep 15, 2023

Early-stage VC firm Kae Capital closes its Winners Fund II (KWF II) by raising $50 Mn-thumnail

Early-stage VC firm Kae Capital closes its Winners Fund II (KWF II) by raising $50 Mn

Kae Capital, an e­arly-stage venture capital firm, has successfully closed its Winners Fund II (KWF II) with a total of $50 million (INR 410 crore) in funding.

Investment & Funding

Sep 14, 2023

Investing in Inclusion: Spring’s Acquisition of Future Capital Reshapes Canada’s Financial Landscape-thumnail

Investing in Inclusion: Spring’s Acquisition of Future Capital Reshapes Canada’s Financial Landscape

Spring Activator (Spring), a forerunner in Canada’s beginning phase influence effective financial planning environment, declares the procurement of Future Capital, the learning and contributing stage worked for underrepresented beginning phase financial backers.

Investment & Funding

Sep 13, 2023


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