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Traveloka Said in Talks to List via Thiel's Bridgetown SPAC

Traveloka Said in Talks to List via Thiel’s Bridgetown SPAC Bloomberg 4 hrs ago Yoolim Lee and Manuel Baigorri (Bloomberg) -- Indonesia’s Traveloka is in advanced talks to go public through merging with Bridgetown Holdings Ltd., a blank-check firm backed by billionaires Richard Li and Peter Thiel, according to people familiar with the matter. A deal could value Southeast Asia’s online travel leader at about $5 billion, said the people who asked not to be identified becau...
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Source: msn.com

Traveloka Said in Talks to List via Richard Li's Bridgetown SPAC

Apr 09 2021, 4:20 PM April 09 2021, 11:11 AM April 09 2021, 4:20 PM (Bloomberg) -- Indonesia’s Traveloka is in advanced talks to go public through merging with Bridgetown Holdings Ltd., a blank-check firm backed by billionaires Richard Li and Peter Thiel, according to people familiar with the matter. (Bloomberg) -- Indonesia’s Traveloka is in advanced talks to go public through merging with Bridgetown Holdings Ltd., a blank-check firm backed by billionaires Richard Li and Peter Thiel,...
Bridge Town Saint Michael Los Angeles Peter Thiel Richard Li Holdings Inc

Looking for a home loan? This startup is ensuring hassle-free loans with its automated platform

Looking for a home loan? This startup is ensuring hassle-free loans with its automated platform Gurugram-based Basic Home Loans is working to digitise home loans and increase affordable loan penetration for middle and low-income households. 0 claps Share on Housing is a fundamental need and it determines the aspiration of a society. In the last decade, there has been a lot of innovation to support housing for middle and low-income groups from the government. It is also an area of interest for m...
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Flash Coffee Eyes Indonesia, Asia Expansion Following $15m Series A Funding

Flash Coffee Eyes Indonesia, Asia Expansion Following $15m Series A Funding BY :JAKARTA GLOBE APRIL 08, 2021 Jakarta. Flash Coffee, a coffee chain backed by Rocket Internet, plans to add more outlets in Indonesia and expand in more countries in Asia after securing $15 million in Series A funding led by White Star Capital, the company said in a statement on Wednesday.  Flash Coffee is the latest coffee chain to compete in Indonesias burgeoning bever...
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Singapore-based Flash Coffee Raises US$15m Series A Funding to Fuel Asia Expansion and Launch 300 New Outlets

April 07, 2021 SINGAPORE, April 7, 2021 /PRNewswire/ -- Flash Coffee, a tech-enabled coffee chain backed by Rocket Internet announced that it has raised US$15 million in Series A funding in a round led by White Star Capital, with participation from prominent investors including Delivery Hero-backed DX Ventures, Global Founders Capital, and Conny & Co. The Series A round sets the total capital raised by Flash Coffee to US$20 million. Image credit: Flash Coffee Flash Coffee launched in Janua...
Hong Kong Republic Of South Korea Jakarta Raya Sebastian Hannecker Arnon Thitiprasert

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Europe's Billionaires Are $1 Trillion Richer Than A Year Ago

Europe’s Billionaires Are $1 Trillion Richer Than A Year Ago Share to Facebook Joel Saget/AFP/Getty Images, Bertrand Rindoff Petroff/Getty Images, Getty Images Bernard Arnault remains Europe’s richest person. Germany leads Europe once again with the largest number of billionaires on Forbes’ 2021 list of the world’s richest. The wealth of Europe’s billionaires has risen to hit $3 trillion, Forbes found, as the world’s richest remained largely shielded from the fina...
Mathias Doepfner Dmitri Bosov Axel Springer Bernard Arnault Heinz Hermann Thiele Olivier Dassault
Source: forbes.com

CareerLabs raises $2.2 mn from Rocket Internet's VC fund GFC, others

Profile building startup CareerLabs on Monday said it has secured USD 2.2 million in a new financing round led by Rocket Internets VC fund Global Founders Capital to scale its platform. UPL Chief Digital Officer Toshan Tamhane, QuessCorp Founder Chairman Ajit Isaac, Spencer Stuart MD and Professor of ISB Rohit Kale, Nasdaqs former MD Ghanshyam Dass and Netflix India Director Abhishek Nag also participated in the funding round, CareerLabs said in a statement. CareerLabs was founded in 2019 by...
United States Ajit Isaac Ghanshyam Dass Toshan Tamhane Prasanna Alagesan Rohit Kale

How Bussr's AI-Based Technology Is Set to Reshape the World's Roads and Economies

Share: Singapore-based transport disruptor Bussr has caught the eye of global investment titans for their vision to change the way the world gets from A to B.  It could be said that the choked traffic of any modern city is emblematic of its economy’s growth over the last four or five decades.  Both relentlessly crept forward over the years, with some planning and with some chaos.  The growth of both is undeniable.  With people looking for better lives in our cities, the world’s urban po...
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The Top Ten Disruptive Male Entrepreneurs to Follow in 2021

The Top Ten Disruptive Male Entrepreneurs to Follow in 2021 March 14, 2021 17:37 ET | Source: Two Comma PR Two Comma PR UNITED KINGDOM London, United Kingdom, March 14, 2021 (GLOBE NEWSWIRE) -- Imperial College, during their 2017 study affirmed the importance of entrepreneurship in securing economic growth across the world. Innovative, high-growth entrepreneurs are the lifeblood of this movement. According to Two Comma PR, disruptive entrepreneur...
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What's next for Rocket Internet?

Whats next for Rocket Internet? After its delisting last autumn, Rocket Internet is planning a relaunch on the stock market - in New York. The move will likely snub investors and shareholders. Maximilian Both, 27.2.2021 - 13:06 Uhr Artikel anhören Photo: dpa/Boris RoesslerOliver Samwer, founder and CEO of Rocket Internet - and not particularly popular with shareholders after his  companys delisting. Berlin - Oliver Samwer once called himself "the most aggressive man on the Internet". Y...
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