Wahed, the investment firm focused on religious Muslims, has landed $5 million in seed funding, which it plans to use to provide the nuanced advice when it comes to some Muslim investors find ‘halal’ types of investment. According to a report in TechCrunch, Wahed CEO...
Bitcoin’s monumental price swings have piqued the interest of traders and investment firms. But despite consistently hitting new highs all year, most mutual funds in the United States still refuse to invest in the digital currency. The reason for the cautious approach is due to...
Naspers has invested in yet another food delivery startup, committing to lead an $80 million investment in the Indian online ordering and food delivery startup Swiggy. According to Tech Crunch, the global internet and entertainment company has invested in several online food ordering and delivery companies worldwide,...
Menlo Ventures, the Silicon Valley venture capital firm, closed a new $450 million venture capital fund aimed at investing in early stage companies focused in the consumer, enterprise and so-called frontier technologies markets. According to a report in TechCrunch, with the new fund, the VC has a total capital...
Warren Buffett’s Berkshire Hathaway wants to hold more shares of American Express and has asked the Federal Reserve to allow it do just that. According to a report in Bloomberg News, Berkshire Hathaway wants to own as high as 24.99 percent of the credit card company. The stake...
Paytm, the digital payments startup headquartered in India, has raised $1.4 billion in funding from Softbank Group. According to report in Bloomberg, the latest funding is the largest from a single investor for India’s technology sector. Softbank made the investment in One97 Communications, which operates the Paytm...
Neighborly, a startup that runs a marketplace that connects cities and investors to bankroll civic projects like parks, bridges and schools, raised $25 million in venture funding. According to a report in Fortune Magazine, the round of funding was co-led by Palantir Co-Founder Joe Lonsdale’s firm, 8VC,...
Ontruck, a Madrid startup that has developed a logistics platform to connect businesses with road freight carriers, has raised $10 million in venture funding. According to a report in TechCrunch, the Series A round of funding was co-led by Atomico and Idinvest. Other venture capitalists that...
Sun Basket, the meal kit startup company that is focused on healthy recipes and organic ingredients, raised $9 million in venture funding. According to a report in TechCrunch, the round of funding was led by Unilever Ventures and included participation from Baseline Ventures and Founders Circle...
