City Venture Financial News
02.10 / 13:56
economy
Parke
social
consequences
innovations
reports
Interviews
Venture capital pioneer Vinod Khosla says AI will deliver broad deflation
Subscribe to enjoy similar stories. MENLO PARK , CALIFORNIA : At a time of widespread concerns about the safety, efficacy and economics of AI, venture capital pioneer Vinod Khosla is still all in. Yes, artificial intelligence will become capable of replacing a good deal of human labor, Khosla said in an interview, but that will push down the price of healthcare, education and other services.
23.09 / 11:43
markets
Platform
Experts
innovations
reports
Niche startups selling small-ticket home products win investor interest
Subscribe to enjoy similar stories. MUMBAI : Even as furniture startups such as Reliance Retail Ltd-backed Urban Ladder and Pepperfry Ltd are witnessing a sales plateau, investors are gung-ho about a small-ticket niche in the segment. Over the last few months, they have backed about half a dozen home decor startups selling kitchenware, bathware, living room accessories, etc.
15.09 / 17:49
Manufacturing
Platform
Strategy
Mobile
Bill
Interviews
Cybersecurity investments ripe for take off in India: Bessemer’s Vishal Gupta
Subscribe to enjoy similar stories. Venture capital firm Bessemer Venture Partners, which has invested in the likes of Swiggy and BigBasket, said that the cybersecurity segment is poised, in terms of investments, to take off in India on the back of rising instances of data fraud. The segment has been “fertile" for Bessemer globally, where the VC has made over 30 investments.
06.09 / 21:44
markets
UPS
FIVE
BLOCK
Manufacturing
show
Peak XV Partners sells 22 pc stake in Indigo Paints for Rs 1,557 crore; Morgan Stanley, HDFC MF among buyers
Peak XV Partners, formerly Sequoia Capital India and SEA, on Friday, divested a little over 22 per cent stake in Indigo Paints to investors like Morgan Stanley, Mercer and HDFC MF for Rs 1,557 crore via open market transactions. Venture capital firm Peak XV Partners through its two affiliates, Peak XV Partners Investments IV and Peak XV Partners Investments V, offloaded a total of 1.05 crore shares, amounting to a 22.04 per cent stake in Pune-headquartered Indigo Paints, as per the bulk deal data on the NSE.
27.08 / 22:10
Blockchain
security
Universities
reports
Schools
International
Space and Time Secures $20 Million For Blockchain-AI Integration
Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...
19.08 / 03:09
markets
UPS
Target
Digital
trends
beautiful
social
Youth-focused cosmetics brands are shining, but loyalty remains a challenge
Why Kolkata is a big pull for the beauty market Listed player Honasa Consumer, which owns skincare brands Mamaearth and Aqualogica, launched Staze, an affordable, youth-focused colour cosmetics range earlier this year. Last year, A91 Partners-backed SUGAR launched SUGAR Play, targeting teens and pre-teens. Kaushik Mukherjee, co-founder and chief operating officer at SUGAR, told Mint, “With increased exposure to global fashion and beauty trends through social media and the internet, teenagers in India are becoming more conscious of their appearance and grooming.
30.07 / 23:32
Blockchain
Provident
coinbase
security
Funding
Venture Capital
reports
Anoma Foundation Targets $1 Billion Valuation Amid Crypto Funding Surge
Crypto infrastructure provider Anoma Foundation is seeking a $1 billion valuation through a new $40 million funding round.
12.07 / 16:45
Web3
Venture Capital
Investment
Auros Unveils $50M Venture Capital Arm For Digital Asset Investment
Auros announced on July 8 that it will invest $50 million in early-stage digital asset projects over the next two years.
16.06 / 01:23
Citi
wellness
trends
Schools
Courts
rights
Relationships
VC funds, angel investors seek safeguards in spousal partnerships
Venture capital (VC) funds and angel investors have started to seek more clarity from cofounders, who are also spouses, about their roles, responsibilities and any special rights given to either of them at the time of the company’s inception. In several instances, founders often name their spouses as cofounders at the time of the inception of their venture. However, if the spouses choose to part ways after a few rounds of funding, at that time, dealing with that separation becomes messy for investors as they have to deal with disgruntled spouses who are also shareholders of companies.
13.06 / 15:51
Funding
Near Foundation
Near Foundation Spins out Nuffle Labs and Raising $13M Funding
The Swiss not-for-profit organization behind the NEAR Protocol, NEAR Foundation, has launched a new modular product suite to form Nuffle Labs. raising $13 million in funding.
11.06 / 15:07
Digital Bond
Bitcoin Suisse Issues Tokenized Bond on Obligate
Obligate, an on-chain capital markets platform built on the Polygon blockchain, said the Swiss crypto-financial services firm Bitcoin Suisse has issued its first tokenized bond issuance on its platform.
07.06 / 11:57
markets
CEO
Platform
Web3
Venture Capital
Interface
Trade
Fineqia’s CEO Touts Web4’s Role in Web3’s Growth, Highlights Investment Trends to Follow
Digital asset investment firm Fineqia’s CEO, Bundeep Singh Rangar, views Web4 as the key to achieving mass adoption of Web3.
30.05 / 15:49
markets
Blockchain
ETH
Provident
Analysis
DAO
gatherings
Azuro Protocol Partners With zkSync Hyperchain Sophon
Azuro, a decentralized autonomous organization (DAO) building a protocol for blockchain-based predictions, has partnered with hyperchain Sophon to improve its prediction app development by combining technologies.
27.05 / 01:45
23.05 / 15:21
community
Caseys
President
Bitcoin
innovations
gatherings
Features
runes
Ordinals Asia 2024 unveils grand plans for ‘Bitcoin season 2,’ emerging Runes token standard and more
The largest annual Ordinals-community gathering talking all things Bitcoin and the growth of the Runes ecosystem saw over a dozen news announcements being made surrounding its global adoption and development.
19.05 / 08:35
markets
Digital
security
Remark
Funding
Crypto Adoption
reports
PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals
The crypto market has experienced a significant surge in fundraising, reaching a whopping $2.4 billion in the first quarter of 2024, fueled by a shift in market sentiment and fresh inflows.
18.05 / 04:15
UPS
FIVE
Fighting
Trade
International
Barclays' up-and-coming 28-year-old trader quit unexpectedly for something very different
Stefano Murdaca might have been expected to stay at Barclays. Since joining the British bank as a summer intern five years ago, sources say he'd distinguished himself and was seen as up-and-coming talent on the European government bond (EGB) trading desk.
14.05 / 16:31
MARKET
Venture Capital
Investment
Spencer Farrar, Partner at Theory Ventures, on Web3 Venture Capital, Funding, and Strategy | Ep. 334
In a recent exclusive interview with Cryptonews, Spencer Farrar, a Partner at Theory Ventures, talked about the recent difficulty of raising capital and how the Theory team managed to do it.
13.05 / 11:37
markets
Provident
Manufacturing
Sustainability
Research
information
International
Altigreen eyes profitability following restructuring
BENGALURU : Reliance-backed electric vehicle maker Altigreen, unable to raise funds over the past year amid a surgical restructuring, is now chasing a metric that’s become the investors’ darling: profitability. That, however, might be a long and bumpy road. As part of a restructuring in December after the company failed to raise funds last year, Altigreen laid off about 200 employees and cut salaries by 30-40% to pare expenses, two people familiar with its operations told Mint, requesting anonymity.
06.05 / 08:13
Blockchain
coinbase
security
Funding
BlackRock
Venture Capital
rowing
Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month
For the second month in a row , crypto venture capital funding has exceeded the $1 billion mark, highlighting continued investor interest in the industry.
18.04 / 19:31
markets
Blockchain
Digital
security
Funding
Venture Capital
Bitcoin
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has experienced its first quarterly rise since 2021.
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