A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ) reported, and many are tumbling into bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy...
Singapore-based early stage tech investment firm East Ventures has targeted a new fund intending on benefiting businesses hurting from the coronavirus pandemic, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The FDIC’s decision to ease the Volcker Rule could prove to be a boon for some startups, freeing up banks to invest tens of billions of dollars in high-risk venture capital funds that specialize in fast-growing fledgling companies. Get the Full Story Complete the form...
Bucking the coronavirus-driven economic downturn, Indian FinTech Aye Finance on Wednesday (June 24) said it had raised $27.5 million from a group of investors led by the private equity arm of Alphabet, Google’s corporate parent. Get the Full Story Complete the form to unlock this...
With the last bids due in early July for eBay Inc.’s classified advertising business, private equity companies seeking to win the auction could arrange for as much as $2.6 billion worth of debt to finance the transaction. Those who are left taking part in the...
Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). Get the Full Story Complete the form to...
Online grocery delivery service Milkbasket has landed $5.5 million in venture capital in a round led by Inflection Point Ventures. That brings the funding pulled in by Milkbasket to over $33 million. Get the Full Story Complete the form to unlock this article and enjoy...
