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...
Accenture's $1 billion investment in LearnVantage, an AI-powered learning platform, aims to bridge the growing skills gap and help businesses upskill their workforces to capitalize on emerging technologies like generative AI, cloud computing, and cybersecurity.
HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia. The London-headquartered bank is tapping into Southeast Asia's digital economy, which it said is among the world's fastest growing, expecting it to hit $600 billion in value by the end of the decade from $218 billion last year. With a working population that is digitally native, increasing in size, and...
HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia.The London-headquartered bank is tapping into Southeast Asia's digital economy, which it said is among the world's fastest growing, expecting it to hit $600 billion in value by the end of the decade from $218 billion last year. With a working population that is digitally native, increasing in size, and poised...
SAO PAULO (AP) — The Brazilian and the French presidents on Tuesday announced a plan to invest 1 billion euros ($1.1 billion) in the Amazon, including parts of the rainforest in neighboring French Guiana. The two countries' governments said in a joint statement the money will be spread over the next four years to protect []
By MAURICIO SAVARESE and SYLVIE CORBET Associated Press SAO PAULO (AP) — The Brazilian and the French presidents on Tuesday announced a plan to invest 1 billion euros ($1.1 billion) in the Amazon, including parts of the rainforest in neighboring French Guiana. The two countries’ governments said in a joint statement the money will be
By MAURICIO SAVARESE and SYLVIE CORBET Associated Press SAO PAULO (AP) — The Brazilian and the French presidents announced on Tuesday a plan to invest 1 billion euros ($1.1 billion) on the Amazon, including its part in neighboring French Guiana. President Emmanuel Macron’s and his Brazilian counterpart Luiz Inácio Lula da Silva are meeting many
The presidents of France and Brazil meet and announce a $1.1 billion investment plan for the Amazon
The Mega Millions jackpot has swelled to an estimated $1.1 billion, the
Happy Thursday! Talks between Aakash Institute promoters and Byju’s on Aakash Chaudhry’s return to helm the coaching firm have failed. Details on this and more in today’s ETtech Morning Dispatch.Also in this letter:■ LAMs to dominate AI landscape■ Databricks CEO on India plans■ US, UK approval on trading of crypto securitiesExclusive | Chaudhry unlikely to return to steer Aakash Institute 108833708Aakash Chaudhry, cofounder, Aakash InstituteAakash Chaudhry, the promoter of Aakash...
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...
Amazon has completed its $4 billion investment in Anthropic for Claude AI with a final investment of $2.75 billion this week.