Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. June 29, 2018

Exclusive: Bus Aggregation Platform Shuttl To Raise $11 Mn From Amazon, Others

Bus aggregation platform Shuttl is set to raise $11 million (around Rs 76 crore) in a fresh round of funding from a clutch of investors including e-commerce behemoth Amazon, a person familiar with the development told VCCircle. Japan-based Dentsu Ventures is the other new investor in the picture, the above-mentioned person said on the condition of anonymity. Existing investors Sequoia Capital, Lightspeed Venture Partners and Times Internet Limited are also expected to contribute to the fresh round of funding. Ambiga Subramanian, co-founder of data analytics MuSigma, will also invest in her personal capacity, the person added.
Read by 60% of LPs 7 minutes ago

Elizabeth Warren Is Waging A Full-body Fight To Defeat Trump

The Massachusetts senator has emerged in the past few weeks as the de facto leader of the Democratic Party, and the candidate-of-the-moment for 2020.
Read by 71% of LPs 32 minutes ago

Inside Google's Venture Capital "Machine"

When most venture capitalists want approval to make a new investment, they go to their partners. When venture capitalists at GV do it, they go to something called "The Machine." The firm, formerly known as Google Ventures, for years, has used an algorithm that effectively permits or prohibits both new and follow-on investments.
Read by 53% of LPs 37 minutes ago

All-woman $20m Vc Fund Seeks Investors, Prospects In West Michigan

A new $20 million venture capital fund aims not only to generate returns for investors but also address a wide gender gap in the investing industry. A new $20 million venture capital fund aims not only to generate returns for investors but also address a wide gender gap in the investing industry. Individual investors in the Belle Michigan Impact Fund LP are all women, and the fund targets deals at women-owned startup companies.
Read by 46% of LPs 47 minutes ago

[$$] Hedge Funds Set To Face Off Over Debt-ridden Windstream

Two heavyweights of distressed-debt investing will face off this week over Windstream Holdings Inc. Hedge fund Aurelius Capital Management is looking to profit from the internet provider's precarious financial position, while Elliott Management Corp. is betting it will stay afloat. Aurelius Capital Management, founded by former bankruptcy lawyer Mark Brodsky, is known for winning big bets on distressed corporate bonds and sovereign debt. This time, Aurelius is betting against Windstream, people familiar with the matter said.
Read by 61% of LPs 4 hours, 37 minutes ago

College Entrepreneurship 101: Finding Your First Investor

What are the various ways to fund your college startup idea into reality? Hint: venture capital isn't the only answer.
Read by 41% of LPs 4 hours, 47 minutes ago

Hedge Funds Joining The Crypto Party: 2018 Crypto Hedge Fund Summit To Open On 27 July 2018 | Banking

NEW YORK, July 22, 2018 /PRNewswire/ -- The high level of uncertainty and low level of market liquidity have made cryptocurrency investments more sensitive to market cycles, riskier to trade and more appealing to hedge funds. The bare beginning of 2018 does not scare the investors, however highlights crypto's ability to make money through volatility. Since the beginning of last year, an increasing number of traditional hedge funds are adding cryptocurrencies into their portfolios. With the large swings of the cryptocurrencies' market, some of those risk-taking hedge funds are celebrating more than 1000 percent return.
Read by 36% of LPs 7 hours, 7 minutes ago

Khazanah In Early Talks To Invest In Pepe's India Arm

Malaysian govt's investment fund is looking to buy a minority stake in clothing firm. : Khazanah Nasional Berhad, the strategic investment fund of the Malaysian government, is looking to invest in the Indian arm of Pepe Jeans, two people close to the development said. The fund has already held a few rounds of exploratory discussions with the company's executives in India. Khazanah joins The Carlyle Group, Advent International and General Atlantic to acquire a stake in Pepe Jeans.
Read by 54% of LPs 7 hours, 27 minutes ago

Energy Tech Firm Climate Connect Seeks To Raise $10m Series B Round

Climate Connect has so far raised $1.2 million in its seed and Series A rounds. The post Energy tech firm Climate Connect seeks to raise $10m Series B round appeared first on DealStreetAsia.
Read by 67% of LPs 7 hours, 27 minutes ago

Nekkanti Raises $30m Pre-ipo Funds From Motilal Oswal, Others

Nekkanti had filed its draft prospectus with Sebi in March to raise Rs 750 crore, including fresh capital of Rs 250 crore.
Read by 57% of LPs 7 hours, 37 minutes ago

Future Prosperity Depends On Addressing Inequality

Concern about inequality does not have to be borne out of jealousy of others' success, or an obsession with dragging high achievers down to some common denominator.
Read by 46% of LPs