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Crypto VC funding: Praxis takes home $525m, Blockstream follows suit with $210m
1729375123 from CryptoNWS
Praxis and Blockstream grabbed headlines this week, each with six-figure fundraising rounds, per the latest data. Crypto VC funding has seen a noticeable spike over the last seven days compared to last week, when Ithaca led the pack with a…
HDFC Bank Approves $1.5 Billion IPO of Unit HDB Financial
1729342836 from BLOOMBERG
HDB Financial Services Ltd., a unit of India’s largest private sector lender, HDFC Bank Ltd. plans to raise as much as 125 billion rupees ($1.5 billion) through an initial public offering, further adding to big debuts in the nation’s equity markets.
Finovate Global New Zealand: Business Banking, Wealthtech, and Cross-Border Payments
1729298078 from BANKING
… New Zealand. Business banking account Emerge secures investment … market strategy, including offering banking services to startups. “Emerge … banks, and team cards ready to go.” A digital-first banking … of Fujairah to deploy banking technology from Intellect …
Risky-ETF Crew Grabs Wall Street Limelight With Long-Short Bets
1729259053 from BLOOMBERG
Want to go long Bitcoin-holder MicroStrategy Inc. while shorting megabank JPMorgan Chase & Co.? How about buying streaming giant Netflix Inc. while dumping Comcast Corp.? Or pitting Google-parent Alphabet Inc. against New York Times Co.?
Cyber A.I. Group and ThinkEquity Execute Agreement for Investment Banking Services
1729254027 from BANKING
… Equity Execute Agreement for Investment Banking Services GNW Article content … capabilities include full-service investment banking, equity research, institutional sales, … and longstanding relationships across regional banks, hedge funds and family offices …
DarGlobal Roadtour Prague: Exclusive Investment Opportunities in Oman – First Time in Prague
1729227600 from BANKING
Prague to Host Exclusive Oman Real Estate Investment Event: DarGlobal Roadtour on October 18-19, 2024 PRAGUE, CZECH REPUBLIC, October 18, 2024 /EINPresswire.com/ -- The Four Seasons Hotel in Prague will host the DarGlobal Roadtour: Exclusive …
Stack Capital Group Inc. Announces Best Efforts Financing
1729023183 from FPOST
NOT FOR DISTRIBUTION TO THE UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) — Stack Capital Group Inc., (the “Company”) (TSX:STCK) is pleased to announce that it has entered into an agreement with Raymond James Ltd., Canaccord Genuity Corp., RBC Capital Markets, and TD Securities […]
Ripple backs $25m round for crypto platform Bitnomial
1729022091 from CryptoNWS
Ripple led a $25 million funding round for Bitnomial, a digital assets derivatives exchange and brokerage platform based and regulated in the United States. Bitnomial announced on Oct. 15 that Ripple, the company behind XRP (XRP), led the funding round.…
Blockstream secures $210m debt funding
1729017543 from CryptoNWS
Blockstream has closed a $210 million convertible note funding round led by Fulgur Ventures. According to the Bitcoin (BTC) infrastructure firm, the funding will help accelerate the company’s layer-2 products. Blockstream said in a press release that it also plans…
Azra Games raises over $42m to develop blockchain-integrated game
1729010551 from CryptoNWS
Azra Games, a video game developer based in Sacramento, has secured $42 million in Series A funding, with investment from Pantera Capital, Andreessen Horowitz, and NFX.  The funds will be used to develop a mobile-first role-playing game that integrates blockchain…
India’s Largest Airline Gets Nod to Launch Venture Capital Fund
1729002122 from BLOOMBERG
India’s largest airline IndiGo, operated by InterGlobe Aviation Ltd., has received approval from the country’s markets regulator to launch a venture capital fund as it seeks to boost the South Asian nation’s travel and aviation market.
Paxos launches stablecoin payments platform with Stripe as first customer
1729001781 from CryptoNWS
Paxos just announced the launch of its new stablecoin payments platform.  Stripe, a global payment processor, is the first company to use this new platform to support its “Pay with Crypto” feature, according to a press release.  This partnership allows…
Bitcoin Infrastructure Firm Blockstream Raises $210 Million
1728997200 from BLOOMBERG
Bitcoin developer Blockstream Corp. raised $210 million through a convertible note offering that will be used to finance the rollout of the company’s layer-2 technologies, expand mining operations and to buy more of the cryptocurrency.
Transcript: Joe Lonsdale, 8VC
1728995446 from BigPicture
    The transcript from this week’s, MiB: Joe Lonsdale of 8VC, Palantir, Adapar & Opto, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in… Read More The post Transcript: Joe Lonsdale, 8VC appeared first on The Big Picture.
Senores Pharmaceuticals, Sagility India get Sebi's go ahead to float IPOs
1728992975 from BIZSTNDRD
Senores Pharmaceuticals Ltd and Sagility India Ltd, a technology-enabled services provider in the healthcare services space, have received Sebi's go ahead to float their Initial Public Offerings (IPOs), an update with the markets regulator showed on Tuesday. On the other hand, the regulator has returned the rights issue document of The Bombay Dyeing and Manufacturing Company Ltd , the update showed. The development from the Securities and Exchange Board of India (Sebi) came a year after the company submitted its draft papers in October 2022 to the regulator proposing to raise Rs 940 crore through the rights issue. Both Senores Pharmaceuticals and Sagility had filed their respective draft documents in July seeking the regulator's nod to launch IPOs. The regulator's observation was issued on October 9, the update showed. In Sebi's parlance, obtaining its observations means go-ahead to launch the public issues. As per the draft paper, Senores Pharmaceuticals' IPO is a combination of
Gautam Solar plans Rs 1,000 crore IPO to expand manufacturing capacity
1728992204 from BIZSTNDRD
Gautam Solar on Tuesday said it plans to raise Rs 1,000 crore through Initial Public Offerings (IPO) in next 12 to 18 months in order to fund its 2 GW solar cell manufacturing project. The proposed solar cell line is part of the company's plan to expand its solar module manufacturing capacity to 5 GW by 2025, Gautam Solar said in a statement. "Rs 1,000 crore solar cell expansion plan will be funded through an IPO to be launched in the next 12-18 months, supporting further development and innovation," it said. This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second and third phases in January and April 2025, respectively. According to the company, the IPO will drive the company's growth by setting up a 2 gigawatt (GW) solar cell manufacturing plant to bolster solar module production and achieve the 5 GW target within the stipulated time. "As India targets achieving 500 GW of renewable energy by 2030, our expansion
Mint Blockchain secures $1.35m grant from Optimism to boost NFT innovations
1728991316 from CryptoNWS
Ethereum L2 network for the NFT industry, Mint Blockchain received a grant of 750,000 OP tokens ($1.35 million) from Optimism Governance in the 28th cycle of Optimism Grants. On Oct. 15, Mint Blockchain announced in an X post that Optimism(OP)…
QIA Is Said to Join $50 Million Funding Round for UFC Rival Group One
1728990133 from BLOOMBERG
Group One Holdings, the company behind mixed martial arts brand One Championship, raised at least $50 million from investors including Qatar Investment Authority, according to people familiar with the matter.
Some Best Practices for Trading ETFs: Seeking to Maximize Your Investment Efficiency
1728987699 from ADVSRPERSP
Exchange-traded funds (ETFs) have grown in popularity as one of the most flexible and accessible investment vehicles available today. Offering a blend of stock-like liquidity and mutual fund-like diversification, ETFs can serve as a core component in the portfolios of both novice and experienced investors
Khazanah Seeks to Lure Fund Managers into Malaysia in VC Push
1728983298 from BLOOMBERG
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. is launching initiatives to support local venture capital funds and attract international managers, in a boost to its efforts to become a venture capital hub by 2030.
Meet The Rio Tinto Backed Startups Set To Decarbonize And Transform Mining
1728980132 from MINING
… of the top three lithium miners in the world. This … for transforming and decarbonizing mining operations. The miner teamed up with … view of the Rio Tinto mines on June ... [+] 6, 2023 … trend already playing out in mining; mining operations are becoming more …
Fundraise allowed VIL's capex cycle, places firm on secure footing: Birla
1728978856 from BIZSTNDRD
The fundraise by Vodafone Idea enabled the telco to kick-start its capex cycle again, and that alongside other key initiatives will place it on a "more secure footing" to ensure that the company remains dynamic and competitive, Aditya Birla Group Chairman Kumar Mangalam Birla said on Tuesday. Speaking at the inauguration of IMC and ITUWTSA 2024, Birla exuded confidence that with continued support of the government, Vodafone Idea Ltd (VIL) will do its part in realising India's digital destiny. "With the continued support of the government, I am confident that we will do our part to realise the Prime Minister's digital India destiny. I am a firm believer in the transformative power of India's telecom sector and I see it as a bridge to a more connected, empowered and prosperous India," he said. VIL's fundraise has enabled the company to kick-start its capex cycle, he noted. "Vodafone Idea has already announced the next phase of CapEx worth USD 3.6 billion with three global partners, .
Radian Arc Series B Funding, Bolstered by Strategic Investments from Square Enix
1728975600 from BANKING
Radian Arc announces further Series B funding round to $10M thanks to strategic investments by Blacknut, Square Enix, & others. PARIS, FRANCE, October 15, 2024 /EINPresswire.com/ -- Radian Arc Limited, a global Infrastructure as a Service ( …
Top 1% Biotech Longboard Scores A $2.6 Billion Deal And Skyrockets To A Record
1728936428 from investors
Lundbeck announced Monday it would buy Longboard Pharmaceuticals in a $2.6 billion deal that sent Longboard stock to a record high. The post Top 1% Biotech Longboard Scores A $2.6 Billion Deal And Skyrockets To A Record appeared first on Investor's Business Daily.
SBI Foundation & Villgro Launch 'Innovators for Bharat' to Provide Rs 6 cr Catalytic Capital for 14 AgriTech Startups
1728926062 from AG NEWS
… harvest losses, creating value from agricultural waste, and mitigating CO2 … emissions. Maithili Rege, Associate Lead, Agriculture & Climate Action, Villgro said … drive the transformation of Indian Agriculture towards profitability, nutrition, climate …