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
India’s Furlenco bags USD 140 Mn in Zinnia Global-led Series D funding
Indian furniture rental platform Furlenco has reportedly raised USD 140 million in a Series D funding round which was led by Zinnia Global Fund. The fresh funds will allow the startup to expand its geographical reach, especially in South Asia. Other existing investors like Lightbox Ventures and C... Read More
Krispy Kreme raises USD 500 Mn after falling short on IPO goal
American doughnut company and coffeehouse chain Krispy Kreme has reportedly raised USD 500 million after it priced its IPO significantly lower the marketed range. The company priced the sale of its 29.4 million shares at USD 17 each, well below what it had set previously, making its current valuati... Read More
Thrasio-model venture 10club raises USD 40 million in seed funding
Indian e-commerce startup 10club has recently announced that it has raised USD 40 million as it continues to build a Thrasio-like venture, making this one of the largest seed funding rounds in South Asian market. The funding round was jointly led by Fireside Ventures and an undisclosed global inv... Read More
Language learning platform Duolingo files for IPO as revenue surges
American language-learning website and mobile app Duolingo has reportedly filed for a U.S. initial public offering (IPO) and plans to enter the Nasqad listing as DUOL, after doubling its revenue in the first quarter of this year. The company was valued at USD 2.4 billion after a USD 35 million fu... Read More
CMR Surgical secures USD 600 Mn in Softbank Vision-led Series D funding
Reportedly, CMR Surgical has raised USD 600 million in a Series D funding round that was led by Softbank Vision Fund 2, now valuing the company at USD 3 billion. The Japanese financial conglomerate’s second-largest venture capital vehicle has allocated around USD 30 billion for fundraising. ... Read More
Voyager Innovations raises USD 167 Mn to expand its financial services
Philippines-based tech giant Voyager Innovations recently announced that it has raised USD 167 million to expand its financial services in Philippines through its affiliate PayMaya Philippines. The funding round saw a participation of existing shareholders KKR, a global investment firm; PLDT Inc.... Read More
Vodafone Idea and Cisco Systems partner to develop 5G ready network
Mumbai-based telecom company Vodafone Idea Limited (Vi) has reportedly joined forces with American multinational technology firm Cisco Systems Inc. to automate its network to further provide an enhanced 4G and 5G experience to its customer base. According to reliable sources, the Indian telecom o... Read More
Morgan Stanley to prohibit unvaccinated staff from New York offices
Morgan Stanley will reportedly disallow its employees and clients who are not vaccinated against Covid-19 to access the offices in New York and Westchester, as many major Wall Street firms defer the return of non-vaccinated staff. Those who are not vaccinated will have to work remotely until they ge... Read More
Mumbai’s Skillmatics secures USD 6 Mn in Sequoia-led Series A funding
Skillmatics, a Mumbai-based full-stack D2C startup for educational items and games for kids, has reportedly secured USD 6 million in a Series A funding round which was led by Sequoia Capital India. This round also witnessed input from Jalaj Dani Family Office and other current investors. For the ... Read More
Axiata, Telenor ink USD 15 Bn deal to combine Malaysian telecoms units
Malaysian telecoms conglomerate, Axiata Group Berhad and Norwegian state-owned telecom company Telenor ASA have reportedly signed a USD 15 billion deal to merge their operations, creating a new market major in the challenging Malaysian mobile service market. The agreement comes at a time when the... Read More