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Anthill Ventures Gets Sebi Approval For Its Vc Fund | Business Standard News
Anthill Ventures, an investment and scaling platform for early-stage startups, today announced it has received approval from the Securities and Exchange Board of India (SEBI) for its Category 1 Venture Capital Fund. The Fund will invest in early stage technology companies at the Pre-A and Series A stage of the investing cycle with a primary focus on four verticals: health and life Sciences, media and entertainment, smart cities and financial technologies. Full investment news article
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Freeport Operating Permit For Grasberg Extended Until End Of July
By Cecilia Jamasmie Indonesia has extended a short-term operating permit for Freeport McMoRan’s (NYSE:FCX) vast Grasberg copper-gold mine until the end of July, while discussions over granting the government a majority ownership in the operation are finalized. Coal and Minerals Director General Bambang Gatot Ariyono told The Jakarta Post that the extension had been given based on four key issues that still needed fine tuning: contract extension, divestment, smelter construction and fiscal and legal certainty for Freeport’s planned long-term investment. Full investment news article