Abu Dhabi sovereign fund ADQ planning to invest USD 500 Mn in Flipkart

Abu Dhabi sovereign fund ADQ planning to invest USD 500 Mn in Flipkart

Published: 2 hours ago By Hrishikesh Kadam

The Walmart-owned online retailer could be valued at USD 35 billion following ADQ investment. Flipkart intends to raise USD 3 billion from investors ahead of its IPO. ADQ, Abu Dhabis sovereign fund, is reportedly pl....

Moscow to offer free cars weekly to boost COVID-19 vaccination drive

Reportedly, Moscow will be offering free cars every week of around USD 1 million valuation through a giveaway to speed up the vaccination rate in Russia. The announcement reflects on Russia’s efforts to offer incentives like free cars....

Niyo takes over Index to allow users to organize bills & finances

Niyo, an Indian fintech company, has recently announced the acquisition of Index, a Bengaluru-based personal finance startup, for an undisclosed sum. Following the takeover deal, the team at Index including Kumar Siddhartha and Anand ....

Mexican beer brand Corona achieves net zero-plastic footprint worldwide

Corona, the popular Mexican beer brand, has now become the only beverage company to achieve a zero plastic footprint. This milestone was achieved after a comprehensive external assessment of the beer brand’s global operations concern....

Contentstack secures USD 57.5 million during a Series B funding round

Contentstack, a startup that provides a headless content management system, has secured USD 57.5 million in a Series B funding round which was led by American venture capital and private equity firm Insight Partners. The round also saw the....

EU countries approve USD 21.27 billion fund for green energy drive

European Union lawmakers have recently approved a flagship fund of USD 21.27 billion to eliminate the dependence on fossil fuel and protect affected communities, enabling EU members to start receiving the cash. The multibillion-dollar init....

Bengaluru-based Cora Health secures fresh funds from angel investors

Cora Health, a Bengaluru-based health and wellness marketplace, has reportedly secured an undisclosed amount during a funding round that saw participation from various angel investors. These investors included KRS Jamwal (ED, Tata Industri....

Amazon, Facebook to endure higher levy of taxes following G7 consensus

The Group of Seven (G7), consisting of the world’s seven largest economies, has reportedly reached a momentous agreement to levy a global minimum corporate tax rate of 15% to prevent internet giants like Amazon and Facebook from avoid....