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Onsurity, an Insurtech Firm, Obtains $24 Million in Funding Sponsored by IFC-thumnail

Onsurity, an Insurtech Firm, Obtains $24 Million in Funding Sponsored by IFC

Onsurity, an insurance technology business, has secured $24 million in Series B investment backed by the World Bank’s International Finance Corporation. In 2023, the insurtech market is expected to be

Business

Oct 9, 2023

HSBC Purchases Citi’s China Retail Assets for $3.6 Billion-thumnail

HSBC Purchases Citi’s China Retail Assets for $3.6 Billion

On Monday, Asia-focused HSBC Holdings Plc (HSBA.L) was informed by Citigroup Inc (C.N) that it has reached an agreement to purchase Citigroup’s China consumer wealth portfolio, which includes clients, assets

Business

Oct 9, 2023

Exxon in Advanced Talks to Acquire Pioneer for $60 Billion, Sources Say-thumnail

Exxon in Advanced Talks to Acquire Pioneer for $60 Billion, Sources Say

According to people familiar with the situation, Exxon Mobil is in advanced talks to buy Pioneer Natural Resources in a deal that could value the producer of the Permian shale

Business

Oct 6, 2023

Before the Potential US Payrolls Storm, Stocks Climb in Calm-thumnail

Before the Potential US Payrolls Storm, Stocks Climb in Calm

As investors awaited U.S. jobs data that could strengthen the case for maintaining high interest rates for some time, a lull in bond selling continued on Friday, although it might

Business

Oct 6, 2023

US Startup Headway Raises $125 Million at a Valuation of $1 Billion-thumnail

US Startup Headway Raises $125 Million at a Valuation of $1 Billion

According to Reuters, Headway, a healthcare software business that links clients with nearby therapists, has acquired $125 million in Series C funding. With involvement from current investors such as Thrive

Business

Oct 5, 2023

The billionaire Ranjan Pai will Invest in the Beauty Company Purplle-thumnail

The billionaire Ranjan Pai will Invest in the Beauty Company Purplle

According to sources who spoke to Moneycontrol, billionaire investor Ranjan Pai is set to invest in Purplle, an online retailer of cosmetics and personal care items, by purchasing JSW Ventures’

Business

Oct 4, 2023

Jalan-Kalrock Invests an Additional 100 Crore in Jet Airways-thumnail

Jalan-Kalrock Invests an Additional 100 Crore in Jet Airways

The Jalan-Kalrock consortium, Jet Airways’ protective new owner, said on Friday that it has completed a fresh injection of 100 crore into the insolvent airline, bringing its total commitment to 350 crore.  

Business

Sep 29, 2023

Clinikally, a Healthcare Platform, Obtains $2.6 Million in Funding-thumnail

Clinikally, a Healthcare Platform, Obtains $2.6 Million in Funding

Clinikally, a digital healthcare platform, earned $2.6 million in a round of investment led by Y Combinator, Tribe Capital, Goodwater Capital, Sequoia Scout Fund, and Rebel Fund.

Business

Sep 29, 2023

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


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