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Howard Hughes Medical Institute
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Fintech Start-up Remitly Valued Near $1bn After Raising $220M
Posted on: July 10, 2019, 7:26 a.m.
Seattle-based start-up Remitly announced this morning (10 July) that it raised $220m in equity and debt from a number of investors. In a break-down of the figure, TechCrunch reported that $135m of the funding was led by Generation Investment Management, while $85m was in debt from Barclays, Bridge Bank, Goldman Sachs and Silicon Valley Bank. A number of other investors participated in the equity round, including Prudential Financial, Schroder & Co Bank AG and Top Tier Capital Partners. Full investment news article
Relevent to this post: Top Tier Capital Partners
Barclays Capital,
Qatar Investment Authority Leads USD 150 Mn Funding In Byju's | Business Standard News
Posted on: July 10, 2019, 7:26 a.m.
Online education startup BYJU'S Wednesday said it has received an investment of USD 150 million (approximately Rs 1,028.61 crore) led by Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. This round also includes the participation from ed-tech investor Owl Ventures, marking its first investment in an Indian startup, a statement said. This new round will support the company's aggressive plans of international market expansion and the creation of world-class learning products for students across the … Full investment news article
Relevent to this post: QIA
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