Jio Platforms has now received investments totalling ₹87,655 crore in six weeks. …read more Source:: Open Source S
Tag: investment
Reliance Jio receives ₹6,600 crore investment from General Atlantic
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•With a 1.34% equity stake in Jio Platforms, General Atlantic said it wants to accelerate the Indian economy and drive digital connectivity. …read more Source:: Open Source S
Carvana CEO Ernie Garcia on data science, technology investment and disrupting an industry
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•Carvana can sell you a car in 10 minutes and consumers are starting to buy used autos online. Here’s how technology is putting Carvana on a nearly $4 billion annual …read more Source:: Open Source S
Risk protection startup Digital Shadows scores AU$10m investment led by NAB
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•The company will use the cash injection to expand into the Asia Pacific region. …read more Source:: Open Source S
Winnie The Pooh takes over Reddit due to Chinese investment, censorship fears
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•You will probably never see as many Winnie The Pooh memes in one place ever again. …read more Source:: Open Source S
Sunshine Coast Council makes AU$35m investment for local JGA cable landing
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•Combination of Queensland and Sunshine Coast Council provide AU$50 million for overseas cable connection that avoids Sydney. …read more Source:: Open Source S
Brazil sees uplift in IT investment
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•Technology budgets increased by 4.5 percent last year, according to research. …read more Source:: Open Source S
Telstra announces AU$5b networks investment, launches new mobile plans
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•Telstra will invest AU$5 billion in its networks over the next three years, CEO Andy Penn has said, while the telco’s new ‘Peace of Mind Data’ solution will reduce excess …read more Source:: Open Source S
Singapore puts fintech in spotlight with AI investment, global partnerships
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•Monetary Authority of Singapore sets aside S$27 million to drive the adoption of artificial intelligence in the financial sector and inks global partnerships to facilitate fintech innovation. …read more Source:: Open Source S
IVP announces $1.5b fund for investment in 40 late-stage companies
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•The VC firm is looking to invest between $10 million and $100 million in 35 to 40 late-stage companies through its latest fund. …read more Source:: Open Source S