The private equity business of Vietnam-based Asia Business Builders (ABB) has closed its second fund with $70 million in capital commitment, lower than its initial target of $100 million. Asia Business Builders II LP attracted new limited partners, including Dutch development bank FMO, Pavilion Capital, the International Finance Corporation (IFC), Australian Development Investments, and several… Continue reading Vietnam-based PE firm ABB closes second fund at $70mThe fund has closed below its initial target of $100 million.
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India Digest: Groww eyes $700m IPO; Ather eyes $2.4b for IPOGroww is targeting a valuation of $6-8b in the IPO.
Groww is looking at a potential initial public offering (IPO) to raise around $700 million, while Ather Energy is set to value itself at as much as $2.4 billion in its upcoming IPO, per media reports. Groww in talks with bankers for IPO Indian stockbroking platform Groww has held talks with a clutch of investment… Continue reading India Digest: Groww eyes $700m IPO; Ather eyes $2.4b for IPOGroww is targeting a valuation of $6-8b in the IPO.
Sonos’ interim CEO hits all the right notes in first letter to employees
/ Tom Conrad knows Sonos has to do more than just get back on track. It’s literally day one, but he’s saying the right things. By Chris Welch, a reviewer specializing in personal audio and home theater. Since 2011, he has published nearly 6,000 articles, from breaking news and reviews to useful how-tos. Share this… Continue reading Sonos’ interim CEO hits all the right notes in first letter to employees
Pete Buttigieg has a few things to say on his way out
The outgoing transportation secretary on EVs, robotaxis, Trump, Musk, and the work still left to do. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story Secretary of Transportation Pete… Continue reading Pete Buttigieg has a few things to say on his way out
India’s Boba tea and Korean fusion food brand Boba Bhai bags fundingThe round also saw participation from Titan Capital Winners Fund, Global Growth Ca…
India’s boba tea and Korean fusion food brand Boba Bhai on Monday said it has raised Rs 30 crore ($3.5 million) in a Series A round led by 8i Ventures, aiming to expand to new cities and capture the Gen Z and Millennial market. The round also saw participation from Titan Capital Winners Fund, Global… Continue reading India’s Boba tea and Korean fusion food brand Boba Bhai bags fundingThe round also saw participation from Titan Capital Winners Fund, Global Growth Ca…
PE major EQT anchors Cornerstone Robotics’s $70m fundingQiming Venture Partners and Alpha JWC Ventures also participated in the round.
Swedish investment house EQT Group has anchored the $70-million Series C funding round in Hong Kong-headquartered surgical robotics firm Cornerstone Robotics, according to an announcement. The round also saw the participation of a number of venture investors, including Qiming Venture Partners, Alpha JWC Ventures, the Innovation and Technology Venture Fund, eGarden Ventures, CTS Funds, K2VC,… Continue reading PE major EQT anchors Cornerstone Robotics’s $70m fundingQiming Venture Partners and Alpha JWC Ventures also participated in the round.
Clean Technica: Tesla’s Long-Term Sales Trend — In Charts003799
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! It’s always fun looking at Tesla’s long-term sales trends, especially when I get around to plugging all of the numbers into a series of cool charts. Admittedly, though, at times it’s been a little boring. When Tesla sales were… Continue reading Clean Technica: Tesla’s Long-Term Sales Trend — In Charts003799
How to watch Blue Origin’s inaugural New Glenn launch
Blue Origin’s New Glenn rocket is ready for liftoff. After some weather-related delays over the weekend, the Jeff Bezos-owned space company said that the $2.5 billion reusable rocket, which has been in development for nearly 13 years, will target its first launch no earlier than Monday, January 13. Its three-hour launch window kicks off at… Continue reading How to watch Blue Origin’s inaugural New Glenn launch
Awesome Games Done Quick raises another $2.5 million for a cancer nonprofit
The weeklong speedrunning marathon Awesome Games Done Quick 2025 wrapped up in the wee hours of Sunday morning, and organizers say it managed to pull in a total of $2,556,305 for Prevent Cancer Foundation. As could be expected, the event in Pittsburgh brought a good mix of skill and silliness: there was a Crazy Taxi… Continue reading Awesome Games Done Quick raises another $2.5 million for a cancer nonprofit
Bain Capital ups bid for Australia’s Insignia to $1.8b, matching CC CapitalUnder the offer, Insignia shareholders will receive A$4.30 per share.
Australia’s Insignia Financial said on Monday that private equity firm Bain Capital has sweetened its bid for the 178-year-old wealth manager, now valuing it at A$2.87 billion ($1.76 billion), matching CC Capital’s bid as the bidding war heats up between the two suitors. Under the offer, Insignia shareholders will receive A$4.30 per share, a 7.5%… Continue reading Bain Capital ups bid for Australia’s Insignia to $1.8b, matching CC CapitalUnder the offer, Insignia shareholders will receive A$4.30 per share.