Tag: raises
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Singapore-based startup EduFi raises funding for its student loan platform
[ad_1] EduFi, a fintech startup that enables financially strapped students to secure loans for their education, has raised $6.1 million in a pre-seed round led by Zayn VC with participation from Palm Drive Capital, Deem Ventures, Q Business and angel investors. The Singapore-based startup has launched an artificial intelligence-powered study now, pay later (SNPL) lending…
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Larsen & Toubro raises Rs 1,500 crore via 1.5 lakh NCDs
[ad_1] Infrastructure major Larsen and Toubro (L&T) on Thursday said it has raised Rs 1,500 crore through Non-Convertible Debentures (NCDs). The debentures are proposed to be listed on the National Stock Exchange, L&T said in a regulatory filing. “The company has today (Thusrday) issued and allotted 1,50,000 rated, listed, unsecured, redeemable, non-convertible…
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Xage Security raises $20M more to expand its security platform
[ad_1] While the number of cybersecurity funding deals reached a high point in 2022, that doesn’t mean that the sector’s tapped out — far from it. According to Statista, there were 148 deals in Q2 2023 worth a combined $1.6 billion. And — at least anecdotally — Q3 deal flow seems healthy, too. Case in…
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U.S. Raises Concerns About Israel’s Plan of Action in Gaza, Officials Say
[ad_1] The Biden administration is concerned that Israel lacks achievable military objectives in Gaza, and that the Israel Defense Forces are not yet ready to launch a ground invasion with a plan that can work, senior administration officials said. In phone conversations with his Israeli counterpart, Yoav Gallant, Defense Secretary Lloyd J. Austin III has…
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GOP House panel raises questions about $200K check from James Biden to Joe Biden. Biden spokesman says there’s “zero evidence of wrongdoing.”
[ad_1] House Republicans released bank records of President Biden’s brother, James Biden, Friday, that they argue raise more questions about whether President Biden personally benefited from his family’s business ventures. Bank records released by the GOP-led House Committee on Oversight and Accountability revealed a $200,000 personal check paid to Mr. Biden from his brother, James…
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Birkenstock, the German Sandal Maker, Raises $1.48 Billion in Its I.P.O.
[ad_1] The News Birkenstock, the German shoemaker known for producing cork-soled sandals worn by California hippies and Steve Jobs before taking the fashion world by storm, raised about $1.48 billion in an initial public offering, the company said on Tuesday. Birkenstock set the price of its shares at around the middle of the range it…
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Ireland Raises Eligibility Cap For Tax Incentive – Deadline
[ad_1] The Irish government set out its 2024 budget this afternoon, which included a surprise shift to its tax incentive eligibility. Irish Film and TV productions are now able to claim the country’s 32% tax break on eligible expenditure up to €125m, raised from €70m. Screen Ireland, the national agency for the Irish screen industry,…
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S’pore startup Circular raises US$7.6M in seed funding round
[ad_1] Consumer electronics subscription-based marketplace Circular announced today (October 9) that it has closed its seed funding round of US$ 7.6 million today. Led by AirTree Ventures, the funding round saw participation from YC Continuity Fund, Global Founders Capital, Partech Ventures and January Capital. The round was also backed by notable angel investors, including the…
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Hamas Attack Raises Questions Over an Israeli Intelligence Failure
[ad_1] The devastating surprise attack by Hamas on Saturday represented an equally stunning intelligence failure by Israel that involved undetected warnings, overwhelmed missile defenses and a slow response by apparently unprepared military forces, former and current U.S. officials said. American officials said Hamas had achieved a complete tactical surprise, reflected in a death toll of…
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RBI raises guardrails ahead of global index inflows, may sell bonds
[ad_1] India’s central bank added more firepower to its inflation-busting toolkit as the nation’s entry into global bond index is set to test policymakers’ resolve to manage billions of dollars of inflows that could further fan price pressures. The Reserve Bank of India may consider selling bonds to sponge off surplus cash, Governor…