Permira and Blackstone to Acquire Online Classifieds Group Adevinta in $13 bn Deal
In a significant move within the e-commerce sphere, investment giants Permira and Blackstone have announced their intention to acquire Adevinta, the online classifieds group...
Canva Launches $50 mn Developers Innovation Fund to Boost App Ecosystem
Canva, the visual communication platform, made a significant announcement on Monday, unveiling the commencement of applications for its groundbreaking $50 million Developers Innovation Fund.
This...
Global Crypto Startup Funding Sees Drastic 80% Decline, Facing Investor Withdrawal
A report published on Monday by AltIndex.com revealed a significant downturn in funding for crypto startups, indicating a staggering decline of nearly 80 percent...
Deep Tech Investments Surging, Claims 20% Share of Venture Capital Funding
According to the latest insights from a report by Boston Consulting Group (BCG), deep technologies, aimed at addressing humanity’s most intricate challenges like climate...
Thoma Bravo Completes $1.8 bn Acquisition of NextGen Healthcare
Thoma Bravo, a prominent software investment firm, has successfully finalized its acquisition of NextGen Healthcare, a leading provider of innovative, cloud-based healthcare technology solutions,...
SoftBank Reports $5.2 bn Quarterly Loss, Cites WeWork’s Impact on Profits
In its latest financial report, SoftBank Group posted a quarterly loss of $5.2 billion, marking the fourth consecutive quarter of negative figures. The Japanese...
KKR Raises $2.8 bn for Its Second Global Impact Fund Focused on Sustainability and...
Private equity giant KKR & Co Inc has achieved a significant milestone with the completion of its second global impact fund, dedicated to investments...
EngageSmart to be taken private by Vista Equity Partners in $4 bn deal
EngageSmart, a payments software vendor, announced that it would be taken private by Vista Equity Partners for about $4 billion. This marks the latest...
Nirvana Insurance Raises $57 mn in VC Funding to Revolutionize Fleet Insurance with AI...
Nirvana Insurance, a cutting-edge provider of insurance solutions for physical operations, announced a successful $57 million Series B funding round.
The VC funding round was...
Indian VC Funding Witnesses Sharp Decline in 2023, Reflecting Global and Valuation Concerns: GlobalData
The Indian venture capital (VC) funding landscape has encountered a significant downturn in 2023, reflecting subdued activity in both deal volume and funding value,...
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