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White House to unveil plans restricting some US investments in China, Sources-thumnail

White House to unveil plans restricting some US investments in China, Sources

A senior government source told Reuters that the White House would outline its proposals on Wednesday to forbid some US investments in sensitive technology in China and demand that the government be notified of other transactions.

Business

Aug 9, 2023

Disprz Raises $30M in Series C Funding to Grow Presence in the US Market-thumnail

Disprz Raises $30M in Series C Funding to Grow Presence in the US Market

Disprz, a computer-based intelligence-fueled learning and skilling suite, has brought $30 Million up in its Series C funding round driven by Lumos Capital and 360 ONE Resource (IIFL), with support from Kae Capital, KOIS, and Dallas Funding.

Investment & Funding

Aug 7, 2023

GoStudents raises another $95 mn to double down on VR & Ai capabilities-thumnail

GoStudents raises another $95 mn to double down on VR & Ai capabilities

Go Student, a prominent ed-tech unicorn secures an impressive $95 million in a strategic funding round from investors including Deutsche Bank and Left Lane Capital.

Business

Aug 4, 2023

With a ₹1,200 crore investment, Temasek will be able to purchase up to 3% of Mahindra Electric-thumnail

With a ₹1,200 crore investment, Temasek will be able to purchase up to 3% of Mahindra Electric

Mahindra & Mahindra Ltd. (M&M) said that Temasek, a worldwide investment corporation, will invest ₹1,200 crore in Mahindra Electric Automobile Ltd. (MAEL), its subsidiary for electric vehicles.

Business

Aug 3, 2023

Tenstorrent, an AI chip company, raises $100 million from Hyundai and Samsung in an effort to challenge Nvidia’s chip supremacy-thumnail

Tenstorrent, an AI chip company, raises $100 million from Hyundai and Samsung in an effort to challenge Nvidia’s chip supremacy

Tenstorrent, a Canadian firm, has received $100 million in financing from Hyundai, Samsung, and Kia to challenge Nvidia’s supremacy in AI chip supply.

Artificial Intelligence

Aug 3, 2023

Pi Ventures has announced the final closing of its second fund at $85 million-thumnail

Pi Ventures has announced the final closing of its second fund at $85 million

Pi Ventures reported the first closure of its second round in January 2022, raising Rs 303.5 crore ($40 million) from Accel, entrepreneurs, high-net-worth individuals, and family offices.

Investment & Funding

Aug 3, 2023

Unstop, a community engagement and hiring platform for students raises $5 million in funding-thumnail

Unstop, a community engagement and hiring platform for students raises $5 million in funding

Unstop, a platform based in Delhi has recently received funding of $5 million. The funding round was led by Mynavi, from Japan and Coursera which marks Courseras’s investment in a company.

Business

Aug 2, 2023

Manipal Group’s Dr. Ranjan Pai mulling plans to invest 80-90 mn in ed-tech firm Aakash-thumnail

Manipal Group’s Dr. Ranjan Pai mulling plans to invest 80-90 mn in ed-tech firm Aakash

Dr. Ranjan Pai, the Chairman of Manipal Group is being seen as a rescuer, for Aakash, an ed-tech company owned by Byjus that is currently facing difficulties. As an investor in Byjus Dr. Pai’s family office is in talks to invest, around $90 million, which would greatly assist the struggling giant and provide some much-needed relief.

Investment & Funding

Aug 1, 2023

Fintech startup RupeeRedee secures $3.5 mn in funding-thumnail

Fintech startup RupeeRedee secures $3.5 mn in funding

RupeeRedee, a fintech startup in India, secured $3.5 million in equity funding from its parent company Digital Finance International. This funding aims to expand its operations and enhance product offerings,

Finance

Jul 31, 2023

Singapore’s real estate firm AT Capital firm & NBFC Experion Capital makes their first India investment-thumnail

Singapore’s real estate firm AT Capital firm & NBFC Experion Capital makes their first India investment

Singapore-based real estate AT Capital firm and NBFC firm Experion Capital has made its first investment in India by providing ₹200 crores as project finance for Vatika Group’s prestigious luxury residential project, Sovereign Park, located in Gurugram.

Business

Jul 31, 2023

Sunil Shetty invests in Pro Panja League; acquires single-digit equity-thumnail

Sunil Shetty invests in Pro Panja League; acquires single-digit equity

Suniel Shetty, a known actor and entrepreneur has recently made an investment, in Pro Panja League. This emerging professional arm wrestling tournament is gaining popularity in India. The league emphasizes its roots welcomes participants, from backgrounds, and aims to attract a wide audience through television broadcasts. In its season the league aspires to captivate viewers and establish an online community. The future looks promising for this growing sport. 

Business

Jul 31, 2023

Due to regulatory delays, Toshiba’s $14.35 billion acquisition was postponed until August-thumnail

Due to regulatory delays, Toshiba’s $14.35 billion acquisition was postponed until August

The opening of a tender offer for the firm, headed by Japan Industrial Partners (JIP), is anticipated to happen “sometime in August 2023,” rather than the originally anticipated late July timeframe, according to a statement released by Toshiba Corporation on Friday. 

Business

Jul 28, 2023


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