Dairy technology solutions provider Stellapps has raised $26 million in a mix of equity and debt funding, per media reports on Monday. The funding round saw participation from existing investors Blume Ventures, Omnivore, Bill & Melinda Gates Foundation, IDH Farmfit Fund, 500 Global (formerly 500 Startups) and Singapore-based Blue Ashva Capital along with new investor… Continue reading Indian dairy tech startup Stellapps raises $26m from Blume, Omnivore, othersThe debt portion came from the Development Finance Corporation (DFC).
Author: Deal Street Asia Online News
Indonesian aquatech startup Aruna raises $3.2m from East Ventures, othersThe round was also backed by SMDV and Vertex Ventures SEA & India.
Go to Source
US SEC approves spot bitcoin ETF options listing on NYSEThe SEC has granted approval to 11 ETFs to list and trade options tied to spot bitcoin prices …
The U.S. securities regulator has granted “accelerated approval” to 11 exchange-traded funds to list and trade options tied to spot bitcoin prices on the New York Stock Exchange, according to a regulatory filing. The Securities and Exchange Commission (SEC) had in January approved the bitcoin ETFs to track bitcoin, in what was a watershed for… Continue reading US SEC approves spot bitcoin ETF options listing on NYSEThe SEC has granted approval to 11 ETFs to list and trade options tied to spot bitcoin prices …
Former OpenAI tech chief Murati said to be raising capital for new AI startupMurati’s new venture could raise over $100 million.
Mira Murati, former chief technology officer at OpenAI, is raising funds from venture capitalists for her new AI startup, according to sources familiar with the matter. The new company aims to build AI products based on proprietary models, said one of the sources who requested anonymity to discuss private matters. It is not clear if… Continue reading Former OpenAI tech chief Murati said to be raising capital for new AI startupMurati’s new venture could raise over $100 million.
India’s HDB Financial Services to raise up to $1.5b in IPOIndia’s central bank introduced new norms in 2022 that require large NBFCs to be listed by S…
India’s top private lender, HDFC Bank, said on Saturday its HDB Financial Services unit will raise up to 125 billion rupees ($1.5 billion) in its initial public offering (IPO). Parent HDFC Bank, which holds a 94.6% stake in HDB Financial, will sell shares worth 100 billion rupees, the lender said, adding that the price and… Continue reading India’s HDB Financial Services to raise up to $1.5b in IPOIndia’s central bank introduced new norms in 2022 that require large NBFCs to be listed by S…
Beijing exchange plans to help smaller tech companies to listThe exchange said its action plan would help SMEs obtain financing from banks and market …
The Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday, as part of government plans to foster innovation. The stock exchange said its action plan would help SMEs, which are not profitable but have potential, to obtain… Continue reading Beijing exchange plans to help smaller tech companies to listThe exchange said its action plan would help SMEs obtain financing from banks and market …
Falcon House weighs setting up continuation fund, may transfer three Indo assetsContinuation vehicles are gaining popularity amid the bleak exit envir…
Go to Source
Supermarket chain RT-Mart gets buyout offer, paves way for Alibaba exitPE firms Hillhouse Capital and DCP Capital are potential acquirers, Caixin repo…
Go to Source
Hong Kong regulators set to fast-track company listingsThere is currently no set timeframe to approve or reject an application.
Hong Kong‘s bourse and securities regulator on Friday moved to shorten the approval time for company listings, the latest effort to boost the attractiveness of Hong Kong as a global venue for initial public offerings (IPO). Hong Kong Exchanges and Clearing (HKEX) said it would communicate closely with the Securities and Futures Commission (SFC) to keep the timeframe for flagging concerns on listing applications… Continue reading Hong Kong regulators set to fast-track company listingsThere is currently no set timeframe to approve or reject an application.
Zomato to consider fundraising ahead of smaller rival Swiggy’s IPOZomato is eyeing a fundraising of $1.01b, surpassing the $450m Swiggy aims to garner…
Indian food delivery giant Zomato has announced that its board will consider raising funds via a qualified institutional placement (QIP) at a shareholder meeting on October 22, just weeks ahead of its rival Swiggy’s planned IPO on Indian bourses. According to CNBC-TV18, Zomato is eyeing a fundraising of Rs 8,500 crore ($1.01 billion), significantly surpassing… Continue reading Zomato to consider fundraising ahead of smaller rival Swiggy’s IPOZomato is eyeing a fundraising of $1.01b, surpassing the $450m Swiggy aims to garner…