Investments

Investments
Facebook And Celebrities Like Justin Timberlake Join $50 Million Series B For FinTech Startup Step
December 02, 2020

Silicon Valley FinTech startup Step has raised $50 million in a Series B funding round, the company announced Wednesday (Dec. 2). The funding round was led by new investor Coatue Management, a slew of celebrity backers and Big Tech executives. Founded in 2018 and launched on...

IPO
Burger King India Holds IPO To Raise Cash, Pay Down Debt
December 02, 2020

Burger King India Ltd., the Indian branch of the popular QSR chain, is expected to hold its initial public offering (IPO) from Dec. 2 through Dec. 4. The fast-food group hopes to raise around Rs 810 crore, with shares priced between Rs 59 and Rs...

Investments
Swedish Startup Voi Scoots To $160 Million Funding For AltTransportation
December 01, 2020

Voi Technology, a Sweden-based eScooter startup, has raised $160 million as European companies vie for superiority in the new market for alternative transportation, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
DoorDash Valuation Could Hit $28 Billion, As Firm Says It Only Has 3 Pct Of...
November 30, 2020

DoorDash is reportedly seeing its estimated valuation rise to some $28 billion as the food delivery platform moves ahead with its long-awaited initial public offering (IPO). The company noted in a recent filing that it’s currently capturing just a tiny piece of the total U.S....

IPO
Airbnb Sees $3.4 Trillion Addressable Travel Market Amid Increased IPO Expectations
November 30, 2020

Airbnb, which is reportedly seeking a significantly higher valuation than originally expected for its initial public offering (IPO), wrote in a recent filing that the company has only captured a tiny piece of what it sees as a $3.4 trillion total addressable market. Get the Full Story...

Investments
Iliad’s Niel Teams Up To Launch Organic Foods SPAC In France
November 30, 2020

Iliad SA Founder Xavier Niel is teaming up with other investors to raise up to $360 million, or 300 million euros, to launch a blank-check company aimed at acquiring assets focused on sustainable and environmentally friendly consumer goods. Get the Full Story Complete the form...

Investments
Growing HungryPanda Notches $70 Million In Funding
November 30, 2020

After eating up $20 million in venture funding earlier this year, HungryPanda loaded up with an additional $70 million, with Arma Partners acting as the exclusive financial advisor for the deal, according to a press release. Get the Full Story Complete the form to unlock...

IPO
Airbnb, DoorDash Seek Higher IPO Valuations
November 30, 2020

Airbnb and DoorDash are expected to release higher-than-expected valuation ranges for their upcoming initial public offerings (IPOs), which shows strength for the market, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Chinese Tech Investors Turn Attention To Indonesia As India’s Economy Shrinks
November 29, 2020

The Indian economy has suffered a blow due to the COVID-19 pandemic in spite of its massive 1.3 billion customer base, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...