About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
Fintech Voyager is now worth USD 1 Bn following a USD 210 Mn funding
The company serves over 47 million people worldwide through its consumer platform. Voyager had managed to raise USD 167 million for its expansion program led by World Bank Group’s IFC in June last year. Philippine fintech startup Voyager Innovation Inc. has reportedly secured USD 210... Read More
GoTo’s debut shows boon for tech giant with 23% surge in share value
GoTo Group, Indonesia's largest technology company, has witnessed a 23% increase in its share value after raising USD 1.1 billion in one of the largest IPOs across the globe. Sources claimed that GoTo's stock price increased to a high of USD 0.090 from its initial offer price of USD 0.024... Read More
Fetch Rewards raises USD 240 Mn in a funding round led by Hamilton Lane
Fetch Rewards, a shopping reward points app has reportedly raised USD 240 million in debt and equity funding, valuing the company at nearly USD 2.5 billion. The latest round of financing was led by existing investors ICONIC Capital, DST Global, and Vision Fund 2 in collaboration with new investor... Read More
IKEA buys solar park projects worth USD 373 Mn in Germany & Spain
The estimated output would be sufficient to cover all stores and warehouses of IKEA in the two countries. IKEA further wants to reduce greenhouse gas emissions by more than its entire value chain emits. Ingka Group, which operates most of the IKEA shops globally, has reportedly spent a tot... Read More
ZirooPay bags USD 11.4 Mn in funding to expand its mobile POS services
ZirooPay, a POS service provider firm reportedly conducted a Series A fundraising round led by Zrosk Investment Management, in which it raised USD 11.4 million. The latest round also saw participation from existing investors Exotix Advisory, Nordic venture fund, Inventure, and Fedha Capital. Acco... Read More
ReNew, L&T, IOC team up to establish a green hydrogen sector in India
The government-owned Indian Oil Corporation (IOC), engineering conglomerate Larsen & Toubro (L&T), and renewable energy player ReNew are reportedly collaborating to develop a green hydrogen sector in India. According to sources close to the situation, India is aiming to produce up to 5 mi... Read More
Indian Oil to invest USD 111 Mn to expand its POL storage capacity
Indian Oil Corporation has announced that it will invest roughly USD 111 million to extend its petroleum, oil, and lubricant (POL)storage capacities in the Northeast, including the construction of a greenfield facility. G Ramesh, Executive Director of Indian Oil Corporation, stated that the compa... Read More
Apploi secures USD 25 Mn in Series B funding round led by m]x[v Capital
Apploi, a platform that assists firms in hiring healthcare staff has reportedly raised USD 25 million in a Series B round spearheaded by m]x[v Capital. The latest round also saw added participation from Defy and Underscore, now bringing the company’s total amount raised to USD 38 million. B... Read More
Meta pulls data center plans in the Netherlands over political conflict
Following political resistance, Facebook owner Meta Platforms Inc. has announced that it would be postponing its plans to build a massive data center in the Netherlands, due to political opposition. The decision comes one week after the Dutch Senate passed a circular requesting Prime Minister Mar... Read More
Classplus gets USD 70 Mn in fresh funds from Alpha Wave & Tiger Global
SaaS-based ed-tech startup Classplus has reportedly raised USD 70 million in Series D funding from asset management firm Alpha Wave Global and investment company Tiger Global Management LLC, bringing its valuation to USD 600 million, which is more than twice its worth from just 8 months ago. Furt... Read More