As India’s economy has shrunk to its worst level in 40 years in the second quarter (Q2), the nation’s businesses raised $31 billion in equity capital this year, according to global data provider Refinitiv. Get the Full Story Complete the form to unlock this article...
Silver Lake is reportedly in talks to make a $1 billion investment in Mukesh Ambani’s Reliance Retail at a valuation of about $57 billion, the Financial Times (FT) reported, as the investment group looks to get closer to India’s richest man. Get the Full Story Complete...
India’s Zomato, a food ordering and delivery startup, has completed its planned fundraising deal with a division of the Singapore government’s Temasek Holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Home space and renovations platform Livspace, which counts Goldman Sachs and IKEA among its investors, has ended a funding round intended to bolster expansion in Asia and come away with $90 million. Get the Full Story Complete the form to unlock this article and enjoy...
Insurance technology firm PasarPolis has notched $54 million in funding, with Xiaomi Corp., LeapFrog Investments Ltd. and SBI Investment among the backers in the Series B round. Gojek, Traveloka and Tokopedia were some of the first investors in the Indonesia-based company, Bloomberg reported. Get the...
PropertyGuru has landed an additional $220 million in venture capital as the Southeast Asian real estate search and services site seeks to expand its product offerings and its reach across the region. Get the Full Story Complete the form to unlock this article and enjoy...
Brazilian digital bank Neon is gearing up for another big wave of expansion after landing hundreds of millions of dollars in venture capital funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Membership platform Patreon has raised $90 million in new funding, Variety reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Former White House Chief of Staff Michael Mulvaney and Wall Street veteran Andrew Wessel are launching a hedge fund based on the premise that investors can gain an edge by thoroughly understanding how Washington works and closely watching legislators and regulators. Get the Full Story...