Home-grown audio brand boAt on Friday announced it has received funding from Qualcomm Ventures, the investment arm of chip-maker Qualcomm. The investment, for which the company did not divulge more details, will be utilized to roll out next-generation audio and lifestyle products across geographies. “As boAt enters the next phase of growth and innovation, we […]
In the contention of creating a mega retail giant, despite several legal and arbitration battles, Reliance Retail Ventures extended the timeline for its acquisition of Future Retail. In financial parlance, the RRVL extended the ‘long stop date’ for the acquisition till September 30, 2021. Besides, the development showed Reliance Retail’s confidence in clinching the deal […]
Global software major Wipro on Thursday announced buying Australia-based Ampion for $117 million (Rs 858 crore), as it provides cybersecurity, Dev Ops (software development and IT operations), and engineering services. “The transaction is expected to be completed during the quarter ending June 30, 2021, subject to regulatory approvals,” said the city-based listed firm in a […]
Airtel Africa on Thursday announced the signing of an agreement under which global payments technology major Mastercard will invest $100 million in Airtel Mobile Commerce BV (AMC BV), a wholly-owned subsidiary of Airtel Africa Plc. AMC BV is currently the holding company for several of Airtel Africa’s mobile money operations and is intended to own […]
Stash is an American financial app that offers reliable financial tools to subscribers. It first came into operations in 2015 to aim younger investors to save, spend and invest their money wisely. Since then, Stash has been steadily growing, and in July 2017, it had over 5 million users. At first, the app was only […]
Individuals can become rich through cryptocurrency, but they might also lose money through it. It’s because, like all other investments, cryptocurrency assets come with plenty of rewards and also have a host of risks. There are many cryptocurrencies out there, and each of them has its pros and cons. Whether you use a Bitqt App […]
Foreign Direct Investment into India rose by 13 percent in 2020, boosted by interest in the digital sector, and while fund flows “declined most strongly” in major economies such as the UK, the US, and Russia due to the COVID-19 pandemic, India and China bucked the trend, the UN has said. An ‘investment trends monitor’ […]
Term Plan with Return of Premium, also known as TROP, is the same as any other standard variant of term insurance plans with one key difference – the facility of return of premiums option i.e. survival benefit at the end of the policy term. This feature makes this plan a unique one. Otherwise, it is […]
London-based esports organization called Fnatic announced that they were successful in raising $10 million in an internal investment round. Fnatic came out as the second-most-watched esports company this year with more than 110 million hours watched. Consequently, a lot of other companies were eager for investing in it. Unbound, LVL1, and JHD were among some […]
Fans can show their favorite streamers and pro players even more support through interactive activities. The first of many more investments to come WePlay Esports media holding has invested in a new online interactive platform called Organization.GG. This is just the beginning of what will become a long history of investment in the gaming and entertainment industry by […]
On Aug. 10, The electric car maker, Tesla has been reported to pay nearly $100 million for buying a 2100 acre land in Austin, Texas to build its next super plant. Tesla’s Texas super plant has already begun construction, and recruitment has also started. This is going to be its largest auto assembly plant with […]
