Wednesday, January 27, 2021
Cloud service provider CloudBolt recently raised $35 million led by Insight Partners, to elevate the hybrid cloud environment and develop multi-tools for innovation. Out of the injected funds, roughly $15 million will go straight into equity investment, and the remaining...
Google Cloud is slated to invest $100 million into telehealth provider Amwell following its initial public offering (IPO) filing with the Securities and Exchange Commission (SEC) on Monday, August 24, 2020. The news comes after Teladoc and Livongo teamed...
Billion-dollar worth Australian investment group Pendal Group has started to diversify its portfolio into Bitcoin, as contracts on Chicago Mercantile Exchange showcases huge potential than gold. Many of the firm’s clients have been asking about investing in Bitcoin, and how...
IKEA stores owner Ingka Group pledges to make a €600 million investment (approximately $712 million) towards meeting its sustainability goals over the next 12 months. The investment comes as Ingka Group gears itself to meet the Swedish furniture maker’s...
Uber Technologies Inc. sold its self-driving unit called Advanced Technologies Group (ATG) to Aurora Innovation in a deal announced Monday, December 7, 2020. According to Reuters, the deal is valued at $4 billion. The deal is expected to close...
Investment platform Groww announced a $21.4 million funding led by venture capital firms Ribbit Capital, Sequoia India, and Y Combinator. The investment app targets millennials and earlier generations to invest in commission-free mutual funds. Groww, a three-year-old startup attracted about...
Online food delivery and restaurant guide company Zomato announced Friday, December 18, 2020, that it had closed a $660 million deal in its Series J financing round. According to the Economic Times, the investment allowed the company to reach...
Software firm Oracle Corp. and retail corporation Walmart Inc. recently announced their plan to invest in TikTok Global, Bloomberg reported. When combined, the two companies will hold 205 of the social media entity. The firms will acquire the shares during...
Expanding in three markets, Dayton-based investment firm The Connor Group has made huge purchases in Indianapolis, Tampa, and North Carolina. In about eight days, the firm has closed a $183 million worth of property, reentering the Indianapolis market. Last December...

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