Breaking News
Zomato Lost Nearly $1 Billion in Value After Blinkit Deal
Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...
Sectors
Florence Healthcare Raise $27M in Series C-1 Funding Round
Florence Healthcare bagged $27 million in series...
Munich-based Start-up Avi Medical Secure $52.43 Million in Series...
Avi Medical, a data-driven health-tech start-up situated...
Apollo Makes Strategic Investment In European Pharma VC Sofinnova...
Apollo Partners (NYSE: APO) and Sofinnova Partners announced a...
Telemedicine Start-up ‘Hey Jane’ Planning to Mop Up Funds
Hey Jane, a telemedicine start-up invested in...
Women-Focused Healthcare Major Theramex Snapped Up by Carlyle Group...
Global private equity firms Carlyle Group and...
London Rail Strike Loss Estimated to be $36.85M Per Day
London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...
Moving Towards a Cashless Society: An Analysis
As technology gives rise to alternatives that accelerate, secure, and simplify financial transactions, society is gradually becoming cashless. In the 21st century,...
Sri Lanka’s External Debt is More Than $50 Billion
The worst economic crisis hits Sri Lanka with people not having access to fuel and other essential commodities. Sri Lanka with a...
Cosmetics Giant Revlon Files Chapter 11 Bankruptcy Protection
Revlon, Inc., a renowned cosmetic company, filed for Chapter 11 bankruptcy. Recently, they convened with loaners before the deadline...
China Faces Period of Uncertainty Amid Economic Slowdown
The COVID-19 pandemic has had a devastating impact on China's economy. In addition to the economic slowdown, China is also facing immense...
Warren Buffet Ends Association with Wells Fargo
Wells Fargo was one of the top investments of Warren Buffett-owned Berkshire Hathaway but not any more now. Many...
SoftBank Cuts Top Executives Wages After its Vision Fund Incur Loss
Japanese conglomerate, SoftBank Group, cut the wages of its top executives after its Vision Fund recorded a historic loss. It was a...
Mike Ashley’s Frasers Group Has Bought the Fashion Retailer Misguided
Mike Ashley’s Fraser Group has brought Fashion Retailer Misguided out of administration for $25.16 million. The competitors include Boohoo, Shein and JD...
Zomato Lost Nearly $1 Billion in Value After Blinkit Deal
Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...
Google to Fund 40 Black-led Digital Start-ups Across Europe
Supporting the financial growth of Black-led start-ups is crucial. These companies often face problems regarding restricted access to capital, networking, and other...
Cube Lands $30M in Series-B After Seeing 400% ARR Growth
Financial planning and analysis (FP&A) platform Cube, based in New York City, raised $30 million in Series B funding.
The Rise of Youth Entrepreneurship During COVID-19
Almost everyone is being impacted by the COVID-19 pandemic in one form or the other. The economic expenses, social crises, and long-term...
A Frail Yen Will Fuel Up Foreign Purchases
Toshiba may slip down in the history for the second time. The foreign buyout groups are ready to offer $22 billion (¥3...
Sheridan Capital Partners Invests in RS&A LLC
Sheridan Capital Partners announced investing in RS&A LLC, a renowned independent service provider (ISP) of medical devices. Sheridan invested alongside RSA’s founding...
Deals & Exits
Reports
The Great Resignation: Why is Gen Z Leaving the Workforce
Generation Z is known as the generation of the Great Resignation. We have entered the third year of the worldwide pandemic; we’re...
US Has a Record $1.7 Trillion In Student Loan Debt
As many as 45 million borrowers in the United States (US) owe a total of $1.7 trillion in student loan debts according...
Staying Focused is the Big Step VC And PE’s Must Consider
Inflation is running at its all-time high since the early 1980s, where it was around 13.5%. Federal Reserve’s Target rate is 2%...
EY to Spin-Off its Audit Business in a Strategic Move
Accounting firm, Ernst & Young (EY), plans to spin off its audit business, working towards the biggest shake-up of one of the...
International Banks Worries Continue as the Spanish Power Market Develops
Recently, the Spanish Government has locked horns with large electricity companies over the controversial decree, the government issued this in order to...
China to Rescue Sri Lanka From its Debt Crisis
Sri Lanka is facing its worst economic crisis since its independence in 1948. With power cuts and a shortage in food and...
Vanguard Group Tops its Target-Date-Funds
Vanguard Group collected new investor money in its target-date funds (TDFs) last year and recovered the top rank it had held for...
Most Popular
Blockbuster Deal For Pharma Major Boots Comes A Cropper
The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...
Peru Slashes Its Economic Growth in 2022
Peru’s Central bank (Banco Central De Reserva Del) has predicted that the country's fiscal growth will dwindle in 2022. This year, it...
Zomato Lost Nearly $1 Billion in Value After Blinkit Deal
Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...
