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FALCONE PEAK FUND
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.- Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
- EV startup Bounce raises $5 million from Accel, B Capital, QualcommBounce has raised $5 million in an internal funding round from existing backers, founder Vivekananda Hallekere said. The electric mobility ...
- BTC USD price today: Bitcoin drops below $70,000 as volatility surges and crypto traders stay cautious - key resistance and support levels explainedBitcoin price today: Bitcoin dipped below $70,000 amidst ongoing market volatility, following a sharp plunge and rebound last week. Despite...
- Wealth quote of the day by Elon Musk, “It’s OK to have your eggs in one basket…”: How Musk rose from scratch to become the world’s wealthiest personWealth quote of the day by Elon Musk, “It’s OK to have your eggs in one basket, as long as you control what happens to that basket.” Elon M...
- KBC Global approves bonus issue, to reduce debt looks for turning around businessKBC Global's board has approved a bonus share issue of 1:1 and proposed a name change to Dharan Infra-EPC Ltd. The company plans to reduce ...
- Polaris Dawn mission to Earth's orbit will test SpaceX's capabilities for a commercial space programmeIt's expected to launch August 27, 2024, and feature a crew of four: the mission's commander, Jared Isaacman; Scott Poteet, a 20-year Air F...
- Bounce Infinity to assemble, sell UK’s Zapp i300 electric two-wheelers in IndiaBounce Infinity will manufacture and distribute the i300 range of vehicles, which Zapp had first introduced in 2018. The firm also sells it...
- Bounce Infinity to assemble, sell UK’s Zapp i300 electric two-wheelers in IndiaBounce Infinity, previously Wicked Ride, will manufacture Zapp's i300 two-wheelers in Bhiwadi. With post-COVID-19 rebranding and $20 millio...
- Bitcoin’s market value touches record as token’s price nears all-time highThe market cap of Bitcoin reached $1.35 trillion, scaling the peak of $1.28 trillion from November 2021, CoinGecko data shows. That was the...
- Consumer fintech startup Bright Money raises $12 million in funding from existing investorsFounded in 2019 by Petko Plachkov, Avi Patchava and Varun Modi, Bright Money offers financial tools that help consumers manage debt and get...
- Discounts to light up ecommerce festive fever; Intel India gets new presidentWith the festive season just weeks away, online marketplaces are lining up steep discounts to cash in on the customer demand for smartphone...
- Cars24 to reduce burn rate further, target ‘sustainable growth’Cars24 filed its 2021-22 financials with the Registrar of Companies on Tuesday, reporting a year-on-year surge of 87% in revenue from opera...
- Stanza Living forays into fully-managed apartment spaceSeparately, the firm plans to continue to deepen the footprint of its existing hostel-style managed accommodation targeted at students and ...
- Lenskart on verge of closing $250 million funding round at $5 billion valuationSoftbank owns about 20% of Lenskart, while TPG and IFC were also early investors, along with marquee angel investor Ronnie Screwvala.
- Behind Bitcoin's rut: Sagging volumes, fading animal spiritsThe world's largest cryptocurrency has been languishing around $47,000, well below early November's highs of nearly $69,000. A look under t...
- How Falcon got the edgeIn today's ETtech Morning Dispatch: How Falcon Edge became one of the most active startup investors; The government may set up a cryptocurr...
- Zomato closes $250 million funding round at $5.4 billion valuationZomato has benefited from a revival in the online food ordering sector after a few tough months last year due to the nationwide lockdown, i...
- Hedge funds’ interest in startups may wane during anticipated downturnsExperts fear that the Fed Reserve’s interest rate hike, Eurozone crisis and flat economic growth in the Asia-Pacific region could force hed...
- Sensex, Nifty hit new peaks on oil drop, fund inflowsIn step with the rise in broader equity indices after two straight sessions of decline previously, rupee also firmed up and hit 60.19 level...
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