Quona Capital, a venture capital firm based in Washington and Bengaluru, has closed its second fund with $203 million in commitments, according to a report by Deal Street Asia. The Accion Quona Inclusion Fund originally had a goal of raising $150 million. The fund will...
Venture capital firm Sequoia Capital warned in an email to entrepreneurs on Thursday that the coronavirus could potentially be the herald of a “prolonged” global economic slow-down. Sequoia, known as a soothsayer of sorts for the industry, said the virus outbreak may fundamentally alter the...
On Sunday, the world will celebrate International Women’s Day for the 45th time as a global community since the U.N. first declared the global observance in 1975. In 1977, the event was crystallized into an annual occurrence by decree – though technically, women’s rights has since...
No band of merry traders here. Two days into outages that hobbled Robinhood, the online financial services company that offers an app primarily used by younger traders, and there are lessons to be learned. The hard way, it seems. Monday, during a monster rally that...
To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million fund to keep investing in early-stage tech companies. The venture capital firm’s last fund totaled $200 million and was rolled...
Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2). The consumer banking shift from...
WhereIsMyTransport, a mapping startup that works to outline public transport routes in emerging markets, has raised $7.5 million in a Series A funding, according to a report by TechCrunch. The startup has mapped 34 cities in Africa and its working in Latin America, Southeast Asia...
Dahmakan, a Malaysian food delivery startup that uses menus and cloud kitchens, has raised $18 million in a Series B funding round, according to a report by TechCrunch. Participants in the round include Rakuten Capital, White Star Capital, JAFCO Asia and GEC-KIP Fund, food delivery...
A surge cap in Chinese stocks, fueled by the stimulus package from the government to combat the virus-riddled economy, has brought about fears of a repeat of the 2015 market crash, according to Reuters on Wednesday (Feb. 26). China has been working hard to inject...
