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Top News In முதலீட்டாளர்கள் பங்குதாரர்கள் ஆண்டு ஜநரல் கூட்டங்கள் Today - Breaking & Trending Today

Welcome To IANS Live - SCIENCE AND TECHNOLOGY - Y Combinator-backed Betterhalf.ai raises $3M to boost engagement

Y Combinator is an American seed money startup accelerator. Betterhalf.ai was a participant in the Y Combinator W21 batch and the funding saw the participation of venture capital firms including S2 Capital, Quiet Capital and angel investors like Kunal Shah and Samvit Ramadurgam.Prio ....

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FarEye Funding: Logistics SaaS startup FarEye raises $100 million from TCV, others


ETtech
Illustration: Rahul Awasthi
Logistics SaaS (software-as-a-service) startup FarEye has raised $100 million in a Series E round led by global venture capital fund TCV and Dragoneer Investment Group. TCV recently invested in Indian online fantasy gaming startup Dream11 while Dragoneer has also invested in edtech startup Unacademy. FarEye’s existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round, the company said. The new funding also includes a minor debt-raise but the company did not disclose the amount.
This funding comes in less than a year after the company
raised around $37 million from investors such as Microsoft Venture fund, Eight Roads, Elevation Capital and Honeywell. The new capital will be used to expand its software platform capabilities, drive expansion in Europe and North America, and explore inorganic growth opportunities. ....

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Market Movers: Consumer stocks get some attention as hotels rally on hope


Market Movers: Consumer stocks get some attention as hotels rally on hope
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From quick-service restaurants to jewellery makers, from biscuit makers to premium motorcycle producers, investors showered some love on the stocks of these companies.
The smile on the faces of consumer-facing companies came at the cost of frowns on the long faces of banks, who were painted in the red.
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MUMBAI: Consumer-facing companies are steadily becoming the flavor of the market as investors can sense the joy of being let out of their self-quarantined chambers and out in the world of consumerism. ....

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ETtech Exclusive: PhonePe's Indus OS deal in a legal tangle


ETtech Exclusive: PhonePe s Indus OS deal in a legal tangle
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A seemingly
straightforward acquisition by PhonePe, of homegrown content discovery platform Indus OS for about $60 million, has spiralled into a legal tangle as India’s second-largest fintech battles two existing investors in the five-year-old startup Affle Global and early-stage investment firm Ventureast in a Singapore court.
Both factions have filed competing lawsuits against the other in the Supreme Court of Singapore. ET has seen court filings, regulatory disclosures and spoken to three sources briefed on the matter.
Walmart-backed PhonePe was in the final stages of closing its acquisition of Indus OS before mid-June with the term-sheet signed and ready, according to the people cited above. ....

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Eight ways to fund a new business in the United States


Synopsis
You need to make sure your estimated costs and income are accurate. Your predictions need to match the reality of the situation as closely as possible. This means you need to research the specific costs and income for the business in the area and industry you are going to be operating in.
Founder, Stilt, Contributor Content
Mittal is the Chief Executive Officer and Founder of Stilt, a mission-driven fintech company focused on providing credit to immigrants in the US. Stilt s target market includes people on H-1B, F-1, TN, J-1, L-1, H-4, DACA and other types of statuses.
Starting a business can be very exciting. A business represents an opportunity for growth and wealth, especially in the U.S. But starting a business can also be very expensive. To make sure your company succeeds, you need to think carefully about how you are going to get the capital required to start your business. Are you going to self-finance or look for investors? ....

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