Tech
Tech
Mubadala-backed AI firm G42 sets up $10 bn tech fund
Artificial intelligence firm G42, chaired by the Gulf state’s national security advisor, has launched a $10 billion fund to invest in late-stage technology companies.
G42,...
Tech
Dianxiaomi raises $110 mn in VC funding round led by SoftBank, Sequoia
Chinese e-commerce software provider Dianxiaomi has raised $110 million in its latest VC funding round led by Sequoia China and SoftBank Group Corp’s Vision Fund...
Tech
Online education company upGrad raises $210 mn in VC funding
upGrad, an online education company, has raised $210 million in a VC funding round from investors and Family Offices who join the company cap-table.
This...
Tech
CleverTap raises $105 mn in VC funding round led by CDPQ
CleverTap, a global B2B SaaS platform for customer engagement and retention, is set raise $105 million in a Series D VC funding round led...
Tech
SoftBank aims to book $34 bn gain by reducing stake in Alibaba
SoftBank Group Corp on Wednesday said it will book an estimated gain of 4.6 trillion yen ($34.08 billion) on settling prepaid forward contracts using shares...
Tech
AppLovin to buy video game software maker Unity in $17.5 bn deal
Gaming software company AppLovin on Tuesday made an offer to buy rival Unity Software in a $17.54 billion all-stock deal.
AppLovin aims to tap into...
Tech
SoftBank posts record loss on $23 bn Vision Fund hit
SoftBank Group has booked a record $23 billion net loss during April-June 2022, due to significant drop in value of listed investments.
In May, SoftBank’s...
Tech
Afresh raises $115 mn in VC funding led by Spark Capital
Afresh, the AI-powered fresh food technology provider, has raised $115 million in a Series B VC funding round led by Spark Capital.
There was participation from...