Premium Sustainability is becoming an integral part of due diligence in venture capital, and Vulpes Investment Management is taking a hard look at its portfolio and investment processes, said Stephen Diggle, founder of the family office-backed firm. “There may be changes in the portfolio,” Diggle said in an interview with DealStreetAsia. “And there may be… Continue reading SG’s Vulpes trains eye on sustainability in portfolio, future investments
Category: Tech News
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New investors spot big promise in India’s renewable energy sector
Earlier this month, US investment firm Augment Infrastructure said it will buy a majority stake in rooftop solar power producer Mumbai-based CleanMax Enviro Energy Solutions for ₹1,650 crore, marking its first investment in India. Also in August, Copenhagen Infrastructure Partners, a renewable energy-focused fund manager, announced its first India investment with a commitment of $200 million… Continue reading New investors spot big promise in India’s renewable energy sector
Jollibee investing $77m in IPO-bound industrial REIT CentralHub
Philippine-listed fast-food giant Jollibee Foods Corporation (JFC) has approved a 3.9 billion pesos ($77 million) investment to create the country’s first and largest industrial real estate investment trust (REIT) in partnership with realty major DoubleDragon. In a disclosure to the Philippine Stock Exchange Friday, Jollibee said that it, together with its wholly-owned subsidiary Zenith Foods… Continue reading Jollibee investing $77m in IPO-bound industrial REIT CentralHub
Adobe is acquiring collaborative video software maker Frame.io for $1.275 billion
Adobe announced on Thursday that it’s acquiring the company behind popular collaborative video production software of the same name, Frame.io, for $1.275 billion. Adobe says it tried to create its own collaboration software on its own, but settled on buying Frame.io because some customers were already using it in their workflows, Bloomberg reports. Frame.io takes… Continue reading Adobe is acquiring collaborative video software maker Frame.io for $1.275 billion
Watch Tesla AI Day and follow the important news coming out of it
You can watch Tesla AI Day right here starting at 8:00 PM ET (5:00 PM PT) if Tesla is on time, which is a big ‘if’. We are also going to link to all the headline-worthy news coming out of the event. Over the last few years, Tesla started holding events, not really to unveil… Continue reading Watch Tesla AI Day and follow the important news coming out of it
Tesla will enter the Japanese energy market with a 6 MWh Megapack project
Tesla is reportedly about to enter the Japanese energy market with its energy storage products, starting with a 6 MWh Megapack project. Since its inception, Tesla has been intricately linked to Japan. Until Panasonic, a Japanese company, no other battery supplier wanted to sell li-ion to Tesla for use in electric cars. For years and… Continue reading Tesla will enter the Japanese energy market with a 6 MWh Megapack project
BharatPe raises $27m debt funding from IIFL Wealth and Northern Arc …
This marks BharatPe’s seventh debt fundraise, taking the total debt raised by the company to over ₹500 crore (or roughly around $70 million). The company plans to raise a total of $250 million in debt by the end of fiscal year 2021-2022 (FY22). Earlier this year, BharatPe had raised over ₹300 crore from top venture debt funds… Continue reading BharatPe raises $27m debt funding from IIFL Wealth and Northern Arc …
Indonesia’s GoTo closes in on $2b funding round, IPO may be delayed to 2022
Indonesia’s biggest tech group GoTo is set to complete a pre-IPO funding exercise to raise up to $2 billion in the next few weeks, but regulatory delays threaten to push its listing plans to early next year, three sources familiar with the matter said. The delay comes as the southeast Asian nation’s Financial Services Authority… Continue reading Indonesia’s GoTo closes in on $2b funding round, IPO may be delayed to 2022
India: KKR-backed Avendus secures first close of Future Leaders Fund II at $78m
Financial services firm Avendus on Thursday announced that it has achieved the first close of its Future Leaders Fund II with aggregate commitments of about $78 million (Rs 584 crore). The fund, a Category-II AIF registered with Sebi, is targeting to raise Rs750 crore with a green-shoe option of another Rs500 crore. The fund has… Continue reading India: KKR-backed Avendus secures first close of Future Leaders Fund II at $78m
The new Motorola Edge gets a 108-megapixel camera but ditches the edge display
Motorola has a new version of its $700 Edge smartphone, bringing better cameras, a more modern processor, and an updated design. As with last year’s Edge, the new model doesn’t quite offer the best hardware Android has to offer, with a Snapdragon 778 5G processor, 6GB RAM and 128GB storage, or 8GB RAM / 256GB… Continue reading The new Motorola Edge gets a 108-megapixel camera but ditches the edge display