MUMBAI (Reuters) – Sports technology-focussed fund Centre Court Capital said on Thursday that it has launched a 3.5 billion rupees (around $42 million) venture capital fund that includes investments from the owners of India’s JSW Group and billionaire Azim Premji’s wealth fund. Centre Court Capital, or CCC, has raised 2 billion rupees so far from…
MUMBAI: Byju Raveendran, founder and CEO at troubled edtech startup Byju’s hit out at a group of investors, stating that their move to disable the company from using the funds raised through the rights issue has hindered disbursement of salaries to employees. “….I regret to inform you that we will still be unable to process…
(Reuters) – The European Commission and the European Investment Fund (EIF) on Friday announced the launch of a new 175 million euro ($191.57 million) fund to bolster defence and security innovation. The Defence Equity Facility is expected to leverage around 500 million euros in total investment by attracting investments from private equity and venture capital…
By Anirban Sen and Milana Vinn NEW YORK (Reuters) – ServiceTitan Inc, a Los Angeles-based startup that makes software to help contract workers manage their businesses, has revived preparations for an initial public offering (IPO) in 2024, according to people familiar with the matter. ServiceTitan, which had been preparing to go public in 2022 before…
