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Funding News
Bloomberg Quint
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Trump Says Talk That He’s Ceded Presidency To Musk Is A ‘Hoax’
- Donald Trump denies rumors of ceding presidency to Elon Musk.
- Trump addresses complaints about Musk's influence in his incoming administration.
- Trump appointed Musk to lead a cost-cutting and deregulation effort called Department of Government Efficiency.
- Musk's appointment raised concerns about conflicts of interest and criticism of federal contracts.
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Bloomberg Quint
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Honda, Nissan Aim To Merge In 2026 As Talks Kick Off: Reports
- Honda and Nissan plan to create a holding company with a president picked by Honda.
- Both automakers aim to finalize a merger agreement in June and potentially merge in 2026.
- Nissan is facing financial challenges due to competition in the electric and hybrid vehicle market.
- Honda and Nissan had previously announced plans for a technical partnership.
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Bloomberg Quint
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569
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Government To Launch New Apps To Combat Dark Patterns Of E-commerce Companies
- The Department of Consumer Affairs will launch the Jago Grahak Jago app, Jagriti app, and Jagriti Dashboard on Dec. 24.
- These apps aim to combat dark patterns of e-commerce companies that deceive consumers into making choices they might not otherwise make.
- The Jago Grahak Jago app will alert users about potentially unsafe URLs, while the Jagriti App will allow consumers to report suspected dark patterns.
- The Jagriti Dashboard will enable the Central Consumer Protection Authority to generate real-time reports on e-commerce sites to resolve consumer complaints faster.
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Bloomberg Quint
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788
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Ranveer Singh Attracts Funding With Witty Campaigns, Shows Entrepreneurial Zeal
- Bollywood actor Ranveer Singh attracts funding for his brand, SuperYou, with witty campaigns.
- Singh's ability to expand his talents beyond acting is highlighted by the recent launch of his protein supplement brand, SuperYou.
- SuperYou secured Series A funding in just a few days, with backing from Rainmatter Capital.
- Singh's venture into the business realm demonstrates his entrepreneurial zeal and success in the health and wellness market.
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Bloomberg Quint
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318
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Stocks In News At Noon: Siemens, Vedanta, Bharat Global Shares
- Siemens Ltd. share price declined 3.30% after Nuvama downgraded the stock rating and cut target price.
- Bharat Global Developers Ltd. suspended from trading due to fake disclosures and misrepresentation of financials.
- Vedanta Ltd. share price recovered from a six-day fall after announcing plans to retain its base metals unit.
- India Cements Ltd. share price rose 10.92% after receiving unconditional approval for acquisition by UltraTech Cement Ltd.
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Bloomberg Quint
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60
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Allu Arjun Didn't Leave Theatre Despite Being Told About Woman's Death: Hyderabad Police
- Telugu actor Allu Arjun did not leave the theatre during the screening of 'Pushpa-2' on Dec. 4 despite being told to do so in view of a stampede in which a woman died.
- Police officials claimed that Allu Arjun remained in the theatre till midnight despite being informed about the situation.
- Allu Arjun's staff members were supposed to convey the death of the woman to him but did not do so.
- The police official eventually managed to reach Allu Arjun and asked him to leave the theatre for safety reasons, and he complied.
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Medium
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Top 5 Equity Crowdfunding Platforms to Watch for Startup Investments in 2025
- AngelList: known for its exclusivity, only a fraction of startups are accepted onto the platform, ensuring a high-quality investment pool. AngelList's platform provides startups with human talent and funding. Investors can enjoy efficient tools like AngelList’s Syndicates where seasoned investors lead investment rounds.
- Republic: redefined crowdfunding with the mission to democratize investing. It supports a wide range of industries and has funded over 2,000 companies by 2023, with significant growth expected by 2025. Republic offers an intuitive interface and educational resources for novice investors.
- LetsVenture: a crucial player in the Asian startup ecosystem, LetsVenture focuses on connecting startups with investors within a community that values mentorship alongside capital. Over 60% of deals get funded, facilitated by its strong network of angel investors and venture capitalists. The platform is designed for ease with a focus on community interaction.
- SeedInvest: hosted vetted, high-potential startups even after it was acquired by StartEngine in 2023. Its selective process results in lower deal volume but potentially higher success rates due to thorough vetting. SeedInvest’s design is investor-focused.
- StartEngine: renowned for its broad investor base and unique feature of allowing secondary trading of shares among investors. StartEngine’s open access policy means a wide array of startups can apply, leading to a diverse success rate. It excels in user experience, providing tools for portfolio tracking, educational content, and even an investor community for shared learning.
- AngelList and SeedInvest focus on quality with high vetting standards, whereas Republic and StartEngine cater to a broader spectrum. LetsVenture offers a tailored approach for the Indian market. For investors, StartEngine and Republic stand out for their intuitive interfaces and educational support. For startups, the ease varies with LetsVenture offering a community feel.
- By understanding the unique strengths of AngelList, Republic, LetsVenture, SeedInvest, and StartEngine, startups can strategically choose a platform that aligns with their growth vision, while investors can find opportunities that match their risk appetite and investment thesis. In this evolving landscape, staying informed and adaptable will be key to leveraging equity crowdfunding to its fullest potential.
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Bloomberg Quint
4d
125
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Apple Smart Doorbell To Offer Keyless Entry; Know How
- Apple is reportedly developing a smart doorbell camera with Face ID-powered facial recognition to unlock doors.
- The device will use biometric data to recognize and unlock the door for the house occupants.
- It is anticipated to have the Secure Enclave chip for improved privacy and may integrate with Apple's HomeKit protocol.
- Apple's smart doorbell is expected to launch in late 2025, competing with brands like Amazon Ring.
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Medium
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205
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Subject: Investment Opportunity: Trifler — Revolutionizing the Dating App Experience & Expanding…
- Trifler is introducing a groundbreaking initiative that goes beyond traditional dating apps.
- The platform will allow businesses to sell and buy coupons, as well as host and attend events.
- Trifler's unique value proposition and innovative features position it for success in the online dating and business event industries.
- The company is seeking funding to accelerate development, expand marketing, and strengthen the team.
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Global Fintech Series
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Octane Completes $126 Million Asset-Backed Securitization
- Octane has completed a $125.76 million securitization backed by RV and marine collateral.
- The notes are collateralized by retail installment loans issued through Octane's in-house lender, Roadrunner Financial®, Inc.
- This is Octane's first transaction under its new RV/Marine shelf, denoted with the "RVM" ticker.
- The transaction received AAA rating from Standard & Poor's.
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Global Fintech Series
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Wall Street Pepe Raises $32M in Presale for New Trading Insights Ecosystem
- Wall Street Pepe (WEPE) raises $32 million in presale for new trading insights ecosystem.
- WEPE aims to offer retail traders market insights, trading signals, staking features, and a community-driven trading reward program.
- WEPE tokens are priced at $0.000365 during the presale stage, and early buyers can stake tokens for rewards.
- Wall Street Pepe introduces the "WEPE Army" to empower retail traders with enhanced tools and resources.
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Bloomberg Quint
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197
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Vedanta To Trade Ex-Dividend Tuesday — Today Is The Last Day To Buy Shares For Eligibility
- Tuesday marks the ex-date and record date for Vedanta Ltd. shares, making today the last day for investors to purchase shares to qualify for the fourth interim dividend payout.
- Vedanta had declared a dividend of Rs 8.50 per equity share with a face value of Rs 1, and the record date for eligibility is set for Tuesday, Dec. 24.
- Under the T+1 settlement mechanism, investors must ensure their purchase is completed a day before the record date. This means shares bought on Monday will be settled in time for shareholders' names to appear on the company's records on Tuesday, securing their entitlement to the dividend.
- Investors aiming to benefit from the dividend must ensure their purchases are completed on Monday to be included in the company’s shareholder records on the record date.
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VIE Stories
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Horticulture Platform Sahyadri Farms Raises $46 mn In Funding
- Indian horticulture platform Sahyadri Farms has raised $46m in its series B funding round.
- The funding round was led by responsAbility and GEF Capital Partners.
- Sahyadri Farms will use the funds to expand its climate-resilient table grape and citrus crops.
- The company also plans to upgrade its fruit processing and packing facilities.
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Bloomberg Quint
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836
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Shark Tank India Season 4 Judges: Check Which 'Sharks' Are In And Who Will Miss Out
- Shark Tank India Season 4 will feature new judges along with the existing panelists.
- The OG sharks Aman Gupta, Namita Thapar, Peyush Bansal, Anupam Mittal, and Vineeta Singh will be part of the show.
- Kunal Bahl and Viraj Bahl will join as new judges while Amit Jain, Deepinder Goyal, Radhika Gupta, and Ronnie Screwvala will not be part of Season 4.
- The show will premiere on Jan. 6 and will be exclusively available on SonyLiv.
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Bloomberg Quint
4d
56
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Bumper Listings Incoming: What GMP Trends Of Mamata Machinery, DAM Capital And Other IPOs Indicate
- The grey market premium of Mamata Machinery Ltd.'s IPO is at Rs 260, indicating a potential listing price of Rs 503 per share, with a profit expectation of 107%.
- DAM Capital Advisors IPO has a grey market premium (GMP) of Rs 160 per share, suggesting a listing day gain of 56.54%.
- Transrail Lighting IPO has a GMP of Rs 180 per share, indicating a potential gain of 41.67%.
- Sanathan Textiles IPO has a GMP of Rs 40 per share, implying an estimated listing price of Rs 361, representing a 12.46% increase.
- Concord Enviro Systems IPO has a GMP of Rs 50 per share, with an estimated listing price of Rs 751, resulting in a potential gain of 7.13%.
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