Wednesday, January 27, 2021
Tech innovation company Benefitfocus announced on Tuesday, May 26, an $80 million investment funding from BuildGroup that can help the company boost its tech advances. The $80 million funding is subject to customary closing conditions from the investment firm BuildGroup....
Despite the pandemic, the Filinvest Group plans to push through with two township projects in Clark this year and two BPO office buildings. The P2.5 billion investments make way for the development of the 201-hectare Filinvest Mimosa Plus Leisure City...
United States investment firm General Atlantic is slated to invest in India’s Reliance Industries Ltd.’s Jio Platforms. The deal is valued at 66 billion rupees, equivalent to approximately $873 million. General Atlantic is known for helping fund successful start-up companies...
Ride-hailing giant Uber will be leading a $170 million investment deal in Lime, an electric scooter and bike rental company. The news comes after Uber announced its plans to lay off approximately 3,700 people or 14% of its staff...
Wall Street’s biggest investment portfolio Goldman Sachs Group Inc. recently disclosed a $900 million hit due to the ongoing flu pandemic. The company saw major fallout in profits for the first quarter of 2020, with a 46 percent decline...
Private equity firm TA Associates announced Monday it has injected a strategic growth investment to Accion Labs, a digital-focused software product engineering company headquartered in Pittsburgh, Pennsylvania. In a press release, the private equity giant said it will be joining...
Fortune 500 company Sumitomo Corporation recently revealed on its website that it has invested in Origin Wireless in pursuit of 5G integration. Sumitomo is expected to improve Origin’s technology, as well as expand its product line. The venture was...
Australian digital lending company and neobank Xinja Bank recently obtained a $255 million ($433 million in Australian dollars) investment from Dubai-based firm World Investments. Following the massive investment, the Australian firm is gearing up to take its company to...
IDFC First Bank announced Sunday it is set to make an equity investment of ₹250 crore in Yes Bank to acquire 25 crore equity shares. According to reports, the move comes as an effort for IDFC to join other...
Twitter announced its partnership with Silver Lake earlier on March 9, 2020. Renowned tech investor Silver Lake will reportedly inject $1 billion to the social media platform. Apart from the Silver Lake investment, the company also partnered with Elliott...

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