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Based Accel Invests $2 Mn In Source-to-pay Solution Provider Aavenir | Business Standard News
Aavenir's source-to-pay solution offers integrated products for contract lifecycle management, for sourcing management, and more. : Aavenir, a software-as-a-service-based source-to-pay solutions provider, said it has received $2 million seed funding from venture capital firm Accel. The US and Ahmedabad-based firm’s vision is to deliver the future of work by automating the source-to-pay process on ServiceNow, an advanced digital workflow platform. Aavenir plans to use this investment to accelerate the development of its products in the source-to-pay domain and expand the ... Full investment news article
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University of Nebraska Foundation,
China's Central Bank Buys 1% Stake In Indian Hdfc Bank's Holding Company
People’s Bank of China held about 17.5 million shares in HDFC at the end of March 2020.: The People’s Bank of China (PBOC) has bought 1.01% stake in Indian major finance conglomerate HDFC Ltd on behalf of the Chinese Sovereign Wealth Fund SAFE, according to the shareholding disclosures for the March quarter. Still, in line with overall bearish Equity Markets globally the share price of HDFC ended 2.8% lower on April 13th, after PBOC had bought stake in the firm. Full investment news article
Relevent to this post: State Administration of Foreign Exchange
Oppenheimer & Co,