funding
- Business
KreditBee closes $200 mn Series D from Advent International, MUFG Bank, others
New Delhi: Fintech platform KreditBee on Friday said it has closed $200 million in its Series D round by raising additional $100 million in primary funding Advent International, Mitsubishi UFJ Financial Group…
- World
US House passes $1.7 trillion govt funding package
Washington: The US House of Representatives passed a massive package worth $1.7 trillion to fund the federal government. The House passed the omnibus bill late Friday after it cleared the Senate on…
- World
US House sends defence funding bill to Senate for consideration
Washington: The US House of Representatives has passed the annual defence authorization bill. The National Defence Authorization Act (NDAA) — worth $847 billion — now goes to the Senate for consideration. The…
- Business
FTX CEO pocketed $300 mn after big funding raise: Report
San Francisco: Sam Bankman-Fried, CEO of now bankrupt cryptocurrency exchange FTX, pocketed $300 million after a big funding raise last year, the media reported. According to The Wall Street Journal, the beleaguered…
- Technology
BYJU’S raises $250 mn in fresh funding round
New Delhi: Edtech major BYJU’S on Monday announced that it raised $250 million from its existing investors in a fresh round of funding. BYJU’S said it has embarked on a path to…
- Business
Only 2 Indian startups turned unicorns in Q3 amid funding winter
New Delhi: Only two startups in India, Shiprocket and OneCard, attained the unicorn status (valuation $1 billion and above) in the July-September period, mirroring a global trend in decline in the number…
- Photos
NIA raid PFI over terror funding
Bengaluru: Security personnel keep vigil outside the Popular Front of India (PFI) party office in Bengaluru, Thursday, Sept. 22, 2022. A multi-agency operation was spearheaded by the National Investigation Agency (NIA) on…
- Middle East
Some hospitals in Yemen to close over to lack of funding
Sanaa: Hospitals and medical centres in some parts of Yemen are on the brink of closure due to a lack of funding, a government official said here. “A number of public hospitals…
- India
Delhi: Income Tax dept raids Centre for Policy Research think tank
The Income Tax Department is currently undertaking searches at the Delhi-based independent think tank Centre for Policy Research, according to several media reports. The action is “connected to” simultaneous raids in Haryana,…
- Pakistan
Imran Khan may be held in prohibited funding case, says report
Islamabad: Former Pakistan Prime Minister Imran Khan could be arrested by the country’s top investigating agency for failing to appear before it and snubbing its notices in the prohibited funding case, according to…
- Technology
Indian startup to scale 15-min rapid EV charging with $13 mn funding
New Delhi: Indian EV startup Exponent Energy, which claims to have developed a battery that gets powered from zero to 100 per cent in just 15-minutes, on Wednesday raised $13 million funds…
- Technology
Another Rs 1,200 cr vanishes from BYJU’S funding round: Report
New Delhi: A whopping Rs 1,200 crore from a US-based company, recently announced by BYJU’S as a funding round, has gone off track, according to a media report. In September 2021, New…
- Technology
Over 60K startup employees stare at job loss as India prepares for 200 unicorns
New Delhi: As startups in India keep firing their staff to navigate through the ‘funding winter’ and more than 60,000 can lose their jobs in 2022 alone, the country is preparing to…
- World
Pak’s top election body reserves verdict in prohibited funding case against Imran Khan’s PTI
Islamabad: Pakistan’s top election body on Tuesday reserved its judgement in the much-delayed prohibited funding case against the Pakistan Tehreek-e-Insaf party of former prime minister Imran Khan. A founding Pakistan Tehreek-e-Insaf (PTI)…
- Middle East
Yemen looks for fresh funding, wheat supplies amidst escalating food crisis
Yemen is looking for new wheat sources, but will require assistance to pay for increasingly expensive imports, informed an official and a major importer, as the World Food Programme warned of food…
