Fintech startup Bold Finance has raised $1.5 million in its seed funding round led by venture capital firm Kae Capital, per an announcement. The round also saw participation from existing investor Antler India and several angel investors, including Nitin Gupta (Uni Cards), Ishpreet Gandhi (Stride Ventures), Shashikant Dola (McKinsey & Company), Tushar Mehndiratta (Avail Finance),… Continue reading Kae Capital backs Bold Finance and other India deals worth $183mExisting investor Antler India also joined Bold Finance’s funding round.
Category: Automotive
Indonesian tech giant GoTo looking to lay off 10% of its workforce
Indonesian tech giant GoTo’s expenses on salaries and employee benefits are significantly higher than other costs, which seem to have driven the company to lay off 10% of its employees, multiple sources told DealStreetAsia. Bloomberg reported it first that GoTo plans to cut over 1,000 jobs. Go to Source
IFC mulls investing in StanChart Pakistan’s unfunded risk facility
Mars W. Mosqueda Jr. 11 November, 2022 World Bank Group member International Finance Corporation (IFC) has proposed to invest in an unfunded risk participation facility of up to $200 million with Standard Chartered (Pakistan) Limited (SCBPL). Risk participation is an agreement where a bank sells its exposure to a contingent obligation to another financial institution.… Continue reading IFC mulls investing in StanChart Pakistan’s unfunded risk facility
Vietnamese financial services firm F88 raises $60m loan from Lending Ark, Lendable
Mekong Capital-backed Vietnamese financial services firm F88 has secured a loan of $60 million from Lending Ark Asia Secured Private Debt Funds and Lendable, according to a statement. Lending Ark, the private debt business of Hong Kong-based alternative investment firm CLSA Capital Partners, has contributed a sum of $50 million towards the loan financing. Prior… Continue reading Vietnamese financial services firm F88 raises $60m loan from Lending Ark, Lendable
PE giant Carlyle files to raise sixth Asia buyout fund
Global private equity firm Carlyle Group Inc has officially filed to raise its sixth Asia fund, which was earlier touted as its biggest buyout vehicle for this region. In November last year, media reports indicated that Carlyle was seeking $8-10 billion for the Carlyle Asia Partners VI fund. In May this year, Bloomberg said the… Continue reading PE giant Carlyle files to raise sixth Asia buyout fund
Jim Irsay dismisses “perception” that Jeff Saturday hire skirts spirit of Rooney Rule – NBC Sports
Getty Images The decision of Colts owner Jim Irsay to go outside the current coaching staff for an interim head coach technically complies with the Rooney Rule, but only because the Rooney Rule doesn’t apply in those situations. (Yet.) If it did, Irsay wouldn’t have been able to just hand the reins to Jeff Saturday,… Continue reading Jim Irsay dismisses “perception” that Jeff Saturday hire skirts spirit of Rooney Rule – NBC Sports
@VINFAST: Vingroup : Vinfast selects shell recharge solutions to offer at-home charge points to euro..
Amsterdam, November 10, 2022 – VinFast, the premium Vietnamese battery electric vehicle (EV) manufacturer and Shell Recharge Solutions today announced a new collaboration to supply advanced at-home charging equipment and services to VinFast customers in Germany, France, and the Netherlands.The collaboration supports both VinFast’s entrance as a major EV manufacturer in the European market and… Continue reading @VINFAST: Vingroup : Vinfast selects shell recharge solutions to offer at-home charge points to euro..
@VINFAST: Vingroup : Vinfast returns to los angeles auto show with 4 ev models
Los Angeles, November 10, 2022, VinFast announced its participation in Los Angeles Auto Show 2022 (LA Auto Show 2022) from November 17 – 28, 2022, and will be showcasing its four EV models in the B-C-D-E segments. For the first time, customers in California will be able to ride along VF 8, directly experience the… Continue reading @VINFAST: Vingroup : Vinfast returns to los angeles auto show with 4 ev models
LONGi Attends Hongqiao International Economic Forum at 5th CIIE
SHANGHAI, Nov. 11, 2022 /PRNewswire/ — World’s premier solar technology manufacturer, LONGi, took part in the 5th Hongqiao International Economic Forum as the sole solar enterprise during the 5th China International Import Expo (CIIE) that kicked off on November 4 in Shanghai. Li Wenxue, Vice President of LONGi, expounded LONGi’s practice in coping with climate… Continue reading LONGi Attends Hongqiao International Economic Forum at 5th CIIE
BNESIM has been awarded the title of “World’s Best Travel SIM Provider” at the World Travel Tech Awards for the third time.
Integration with Apple among a host of new announcements and feature upgrades DUBAI, UAE, Nov. 11, 2022 /PRNewswire/ — BNESIM, the global telecom innovator creating anytime, anywhere eSIM solutions for global travelers, has been elected the best SIM provider in the world for travelers. Previously, BNESIM has been awarded the title of “World’s Leading Travel Communications… Continue reading BNESIM has been awarded the title of “World’s Best Travel SIM Provider” at the World Travel Tech Awards for the third time.