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July 21, 2021
ARK7 launches Reg A+ platform with Dalmore Group Dalmore Group welcomes ARK7, a newplayer in the rapidly expanding RegA+ series issuer arena, delivering astock-like real-estate investmentplatform which allows anyone over the ... Nationally Recognized Rest App That Launched the Scientific Sleep Phenomenon Opens to Crowdfunding Investors Restflix, a science-backed streamingservice designed for better anddeeper sleep, has officially ... Dalmore Group Teams with Global Wine Marketplace Vinsent fo...
July 19, 2021
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : The monthly duration product is an auto renewal based product. Once subscribed, subject to your c...
July 18, 2021
BOCOM International, a unit of Hong Kong-listed Bank of Communications, and venture capital firm Cyberport Macro Fund (CMF). Tongcheng Life, a Chinese online community group-buying platform backed by Bertelsmann Asia Investments, has filed for bankruptcy just three years after its inception in August 2018. The startup, which secured an investment of $200 million last June, failed to stay afloat in an increasingly competitive market fuelled by heavy subsidies. All the deals announced in the re...
July 9, 2021
Private equity inflows soar 118% to $11.82 billion in H1 Fund inflows jumped over 77 per cent in the second quarter of 2021 to $7.55 billion compared to $4.26 billion in the first quarter, according to the data collated by Refinitiv Total inflows in the first half of 2020 were $5.43 billion across 365 deals, while in the first quarter these were $3.92 billion across 183 deals and the second quarter at $1.51 billion across 182 deals PTI Updated Jul 09, 2021, 8:24 AM IST Private equity inv...
July 7, 2021
Startups raise the roof in 2021 Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch Well soon meet in your inbox. / Morning Dispatch Risk investors have been pumping money into Indian startups at a feverish pace this year. A new report shows they invested more in the first half of 2021 than they did in all of 2020. The pandemic is certainly a factor, but so is the parade of IPOs that’s around the corner. Also in this letter: Paytm rejigs boa...
July 7, 2021
Indian startups raise $12 billion till June SECTIONS Share Synopsis Indian startups raised $12.1 billion from venture capitalists and private equity firms in the first six months this year, beating the last calendar year’s overall funding by $1 billion, Venture Intelligence data shows. ETtech Illustration: Rahul Awasthi Mumbai: Indian startups raised $12.1 billion from venture capitalists and private equity firms in the first six months this year, beating the last calendar year’s overall fu...
July 6, 2021
Merchant platform Pine Labs raises over $600 mn By IANS | 5 Views Dollar.. Image Source: IANS News New Delhi, July 6 : Leading merchant commerce platform Pine Labs on Tuesday announced it has secured over $600 million in a funding round with the entry of new investors, which is subject to approval from the Securities and Exchange Board of India (SEBI). The new investors are Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberg...
July 6, 2021
Pine Labs gets funding at $3.5-billion valuation ahead of US IPO SECTIONS Share Synopsis Fintech startup Pine Labs has raised $315 million from Fidelity and BlackRock, among others, to close its latest funding round at $600 million. The company is eyeing a US IPO in the next 18 months, CEO Amrish Rau says. Amrish Rau, co-founder and chief executive oficer, Pine Labs. Mumbai: Payments and merchant commerce startup Pine Labs has raised $315 million from a slew of new investors such as Fidelity Ma...
July 6, 2021
Pine Labs, one of Asia’s leading merchant commerce platforms, has closed a $600 million fundraising round, with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberger Berman Investment Advisers LLC. IIFL AMC via its ‘Late-Stage Tech Fund’ and Kotak are also participating in this investment round, which is subject to approval from the Securities and Exchange Board of India (SEBI). With the current close...
June 28, 2021
Payments platform Fave has launched its Buy Now, Pay Later (BNPL) service in Singapore and Malaysia to provide over 6 million users with instant access to interest-free credit to be used at over 40,000 stores as a pilot. The service is now available on the Fave app for iOS users, followed by an Android release in July 2021. With the launch of FavePay Later, offering interest-free flexible payments on its app, eligible Fave users will be able to split purchases over three equal, interest-free...