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EdgeCortix, a Japan-based fabless semiconductor development and design company specializing in edge artificial intelligence (AI), announced the successful conclusion of its $20 million funding round. EdgeCortix has also partnered with Renesas Electronics Corporation, a prominent provider of advanced semiconductor solutions. Leading this financing endeavor were Japan’s venture capital firm, SBI Investment Co. Ltd., and Global […]
MUFG, also known as Mitsubishi UFJ Financial Group, and its subsidiary Mitsubishi UFJ Innovation Partners Co., Ltd. (MUIP) have jointly announced the establishment of the MUFG Innovation Partners No. 3 Investment Partnership, a fund with a capitalization of JPY 20 billion. MUFG has been actively engaged in various initiatives to meet the financial needs of […]
Venture capital platform Antler has recently unveiled its Antler ONDC, an Open Network for Digital Commerce (ONDC)-focused venture platform in India. This initiative is a collaboration between Antler and notable figures such as Infosys co-founder Nandan Nilekani, FIDE (Beckn Protocol), and ONDC. Antler ONDC serves as a resource hub and expert network for founders who […]
Singapore’s state-owned investment firm, Temasek Holdings, has announced that its venture capital arm, Vertex Venture Holdings, has successfully raised more than $900 million in the initial round of fundraising for its latest fund, Nikkei Asia reported. The company, headquartered in Singapore, manages a total of six funds, including five early-stage funds that target investments in […]
Gurgaon based B2B startup OfBusiness has achieved Unicorn status after its latest round of investments. The B2B firm is valued at close to $1.5 billion, making it the 18th Indian startup to transform into a unicorn in 2021. OfBusiness -About The Company Ofb Tech, aka OfBusiness, is a B2B procurement and credit support platform that […]
Groww, the Bengaluru based Fintech platform has become the second Fintech to enter the Unicorn Club of 2021. They crossed the Billion dollar threshold in April, after their Series D funding rounds. Tweets by _groww Groww- About The Company Groww is an online brokerage platform founded by four former Flipkart employees, Lalit Keshre, Harsh Jain, […]
Reliance Industries, one of India’s biggest conglomerates, is on a roll. The company is living up to the promise of Chairman and Managing Director Mukesh Ambani (the richest man in Asia with a net worth of US$81.4 billion as of 24 July 2020) to make the company debt-free. Foreign investment has started pouring in, starting […]
New-York based Tiger Global Management has recently invested US$200M in EdTech company Think and Learn, the owner and operator of learning app Byju’s and has thus raised its valuation to a staggering US$8B. This makes Byju’s the most valuable EdTech company in the world. Being one of the influential investors, Tiger Global was in a […]
ElasticRun, a Pune based start-up, has raised a fund of 40M $ from Prosus Ventures, formerly Naspers Ventures Avataar Ventures and Kalaari Capital have been taking an active interest in investment in this logistics start-up. The Ideology Of ElasticRun And Its Vision This start-up analyzed the logistics market and its needs. It researched a lot […]
With more than 25 years of experience, N Shridhar is an expert in the execution of complex transformational initiatives for top companies with a clear focus on driving profitability for organizations by spearheading their evolution from conservative business models to a more process driven and customer-centric models that streamline and align business functions. With a […]