US pension Arkansas Teacher to invest $50m in KKR’s core infra fund
The fund seeks to deploy $1-2 billion on an annual basis across 2-3 deals.
VC firm B Capital’s SPAC trims US IPO target to $200m
The blank cheque firm plans to offer 20 million units at $10 each.
Indian fintech unicorns eye expansion in Southeast Asia
Startups are gearing up to confront local giants in the new frontier.
Indian early-stage VC 3one4 Capital sees strong demand for latest fund
3one4 Capital expects to close the fund above its initial target of $100 million.
ByteDance launches Volcano Engine brand to offer its ‘secret’ to corporates
ByteDance’s recommendation system is considered the “secret sauce” in its success with apps including TikTok.
Companies in India raise capital on fears of third wave
The trend is more visible in consumer-facing sectors such as civil aviation, tourism, retail and automobiles.
Eightfold AI raises $220m led by SoftBank’s Vision Fund 2
The company will use the funds to expand its India operations.
Slintel raises $20m in Series A round led by GGV Capital
Existing investors including Accel, Sequoia Capital India, and Stellaris Venture Partners also participated in the funding round.