Today, India is known globally for its vibrant startup ecosystem, which is the world’s third largest. But like the rest of the world, the country’s startups have been grappling with a ‘funding winter’. Only two startups attained unicorn status — a valuation of $1 billion – last year. A new report brings out the continuing downward trend in funding, as investors remain more cautious and selective, even as India remained the fourth largest venture market in the world in 2023. 108551460Some...
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused on developing solutions in the digital assets space that help solve real problems for our […]
The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment fund. Additionally, the community has unearthed the development of a token named the “Blackrock USD Institutional Digital Liquidity Fund” or BUIDL on the Ethereum blockchain. […]
An Abu Dhabi sovereign wealth fund is looking to snap up at a discount Western investors' stakes in funds managed by Hong Kong-based PAG, the London-based Financial Times reported on Tuesday. PAG operates as an alternative investment firm managing more than $55 billion. Its investors include state pension schemes in California, Texas, Florida and Iowa as well as investment funds in Canada, Australia and across Europe. The Blackstone Group acquired a minority stake in 2018. The move from the Abu...
MUMBAI (ANI) – The Canada Pension Plan Investment Board (CPP Investments) has announced it will invest $297 million in the National Highways Authority of India (NHAI). The proceeds will be used to acquire seven brownfield toll roads, currently owned by NHAI, as part of Government of India’s National […]
Silver isn’t just for fancy dinnerware; it’s a brilliant addition to any investment portfolio. Silver shines brightly in the investment world, from its significant economic benefits and ability to diversify assets to its growing industrial demand and role as a hedge against inflation. Its affordability makes it an accessible entry point for those new to
By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian unicorn startups, including several category leaders, Accel’s track record speaks for itself. Yet the partners leading the firm’s early-stage accelerator program, called Atoms, are uncharacteristically introspective about their learnings and the changes they have been implementing to improve […] © 2024 TechCrunch. All rights reserved. For personal use only.
Spain’s government acquired a 3 per cent stake in Telefonica through a state holding company, as part of attempts to counterbalance Saudi operator stc’s presence in the company.
Spain’s government has bought a 3% stake in Telefonica SA as it seeks to counter Saudi Telecom Co.’s presence in a company it considers strategic.
US-based data and AI company Databricks on Friday said they are doubling down investments in India amid an increase in demand for data and AI solutions across the country . Over the past two years, we have witnessed an increase in the demand for data and AI solutions from all industries, including FSI, retail, manufacturing, and digital natives, a senior company official said in a statement. To meet this growing demand, we're doubling down on our investments in India, most recently with our...
Japan's government pension fund said it is requesting information on "illiquidity assets" such as bitcoin as part of research into potential new investments.
SEBI has made changes in disclosure requirements for ESG funds. There have been many instances of confusing, ambiguous, and incomplete disclosures related to green fund names, their goals, screening criteria, and impact claims