Investment

To invest is to allocate money in the expectation of some benefit in the future. In finance, the benefit from an investment is called a return.

Source: en.wikipedia.org

Citi Ventures Invests In AI Software Company Anaconda

Citi Ventures Invests In AI Software Company Anaconda
Citi Ventures Invests In AI Software Company Anaconda
August 20, 2018  |  Investments

American Banker, citing Citi Ventures, reported that the investment shows banks are embracing and implementing AI. According to the report, the investment provides more insight...

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Self-Driving Vehicles Face New Speed Bumps
Self-Driving Vehicles Face New Speed Bumps
August 16, 2018  |  Innovation

Uber continues to bleed money, and that’s raising fresh questions about whether those losses might lead the company to abandon its efforts at developing self-driving...

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Unsold Food Marketplace Snags $12M
Unsold Food Marketplace Snags $12M
August 16, 2018  |  Investments

Stockholm-based Karma has raised $12 million in Series A funding, led by Swedish investment firm Kinnevik. Participants also included U.S. venture capital firm Bessemer Venture...

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Alphabet Invests $375M In Insurance Startup
Alphabet Invests $375M In Insurance Startup
August 15, 2018  |  Investments

Alphabet, the multinational conglomerate, has invested $375 million in Oscar Health, a health insurance startup co-founded by Trump advisor Jared Kushner’s brother, Joshua Kushner. CNBC reported...

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letgo Lands $500M In New Capital From Naspers
letgo Lands $500M In New Capital From Naspers
August 09, 2018  |  Investments

letgo, the app to buy and sell locally, announced Wednesday (Aug. 8) that Naspers invested $500 million of new capital into the company. Get the...

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Flipkart Funds Paytm Rival In India
Flipkart Funds Paytm Rival In India
August 08, 2018  |  Investments

Flipkart, the India eCommerce player, has reportedly invested ₹452 crore ($66 million USD) into PhonePe, its payments unit. Get the Full Story Complete the form...

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Ex-Uber, Otto Exec’s Autonomous Truck Startup Snags $40M
Ex-Uber, Otto Exec’s Autonomous Truck Startup Snags $40M
August 08, 2018  |  Investments

Kodiak Robotics, a self-driving vehicle startup, announced that it raised $40 million in Series A funding, led by global investment firm Battery Ventures. CRV, Lightspeed...

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