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Funding News
Medium
22h
339
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White Paper — The Great VC Evolution: Multi-Asset, Multi-Stage, Multi-Entry, Multi-Region
- Venture capital is undergoing a fundamental evolution towards diversified, multi-asset investment platforms.
- The shift includes adopting multi-stage, multi-region, and multi entry strategies, spanning equity and credit, primary and secondary markets.
- There is a focus on active liquidity management and the integration of advanced technological tools like AI and ML in VC operations.
- The new approach aims to reduce dependency on the traditional power law distribution, offering a more balanced, risk-adjusted approach for better returns and risk management.
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SiliconCanals
22h
14
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Dutch-based Hy2Care raises €4.5M from EIC, others for US clinical trial and commecial expansion
- Hy2Care, a spin-off company of the MIRA Institute of the University of Twente, secures €4.5M funding for US clinical trial and commercial expansion.
- Half of the funding is from the European Innovation Council (EIC) Fund investment, with the rest from existing shareholders including Brightlands Venture Partners and new investors like LIOF.
- The funding will aid in finalizing preparations for the upcoming US clinical trial of CartRevive hydrogel implant for cartilage repair and support commercial rollout in global markets.
- Hy2Care's CEO, Leo Smit, notes that the financing will propel the company into launching the U.S. clinical trial and establishing commercialization foundations in EMEA.
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Bloomberg Quint
23h
83
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Amazon Kuiper Letter Of Intent A Work In Progress, Devices To Hit Market In 18-24 Months
- Amazon's Project Kuiper is set to enter the Indian market with low-cost satellite internet solutions, aiming to provide connectivity to rural and remote regions.
- The Department of Telecommunications is expected to issue a Letter of Intent for Amazon's Kuiper project, enabling the company to offer satellite-powered internet services in India.
- Kuiper plans to launch over 3,200 low-Earth orbit satellites, rivaling Elon Musk's Starlink, to provide high-speed internet connections up to 1 Gbps for businesses and government use.
- Kuiper will introduce three types of satellite internet terminals, including a 7-inch square design offering speeds up to 100 Mbps, with a goal to bridge the digital divide in underserved areas where terrestrial services are limited.
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Nonprofithub
23h
104
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[PODCAST] Finding Joy in Nonprofit Work During Uncertain Times – Kimberly Bottom
- Kimberly Bottom of Feathr discusses the importance of taking action during uncertain times in the nonprofit sector.
- She emphasizes that challenges like funding freezes and negative rhetoric can be opportunities to amplify the organization's mission.
- The conversation covers strategies for donor relationship building, leveraging automation, and embracing new communication channels with a testing mindset.
- Kimberly provides insights on how nonprofits can turn challenges into opportunities and highlights the significance of showcasing the positive impact of their work.
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Bloomberg Quint
23h
355
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Nifty May Pause Before Scaling New Highs, Says Manishi Raychaudhuri
- Manishi Raychaudhuri believes Nifty 50 may pause before scaling new highs due to elevated valuations and muted earnings estimates.
- He notes that India's long-term outlook remains strong, but significant outperformance in the near term is unlikely compared to broader Asian markets.
- Raychaudhuri sees promise in three key sectors: defence, green energy, and contract development and manufacturing, which are poised to benefit from global supply chain diversification.
- He mentions that flows into emerging markets are strengthening, supported by incremental progress on global trade fronts and the RBI's tilt towards rate cuts for domestic growth.
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Bloomberg Quint
23h
280
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Mumbai Police To Get Sixth Joint Commissioner To Oversee Intel Gathering, Monitor Sleeper Cells
- The Mumbai Police will appoint a sixth joint commissioner to oversee intelligence gathering and monitor sleeper cells as per an official statement.
- The decision comes after the recent India-Pakistan military conflict, with the Maharashtra government initiating the move.
- Prior to this decision, Mumbai Police had five joint commissioners responsible for law and order, crime, administration, traffic, and economic offenses.
- The new joint commissioner overseeing intelligence will coordinate directly with the police commissioner and the joint commissioner for law and order, enhancing intelligence sharing and swift action capabilities.
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Bloomberg Quint
23h
291
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Signature Global Aims 21.5% Rise In Sales Bookings To Rs 12,500 Crore In FY26 On Strong Demand
- Realty firm Signature Global is targeting a 21.5% increase in its sales bookings to Rs 12,500 crore for the current fiscal year.
- Signature Global reported a 48% increase in its consolidated net profit to Rs 61.12 crore for the latest quarter ended March.
- The company has delivered 13.5 million square feet of housing projects and has a strong pipeline of about 21.6 million sq ft of saleable area in upcoming projects.
- Signature Global aims to grow sales at 20% in FY26 over FY25 and maintain this growth over the long term.
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Bloomberg Quint
23h
37
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'Buy' Nexus Select Trust Maintains ICICI Securities On Acquisition-Led Growth Strategy
- ICICI Securities maintains 'Buy' rating on Nexus Select Trust due to its acquisition-led growth strategy.
- The current market price of Rs 133 is expected to deliver a net distributable cash flow distribution yield of 6.9% in FY26E and 7.4% in FY27E.
- ICICI Securities retains Buy rating with a revised target price of Rs 161/share, valuing assets at 6.8% cap rate and incorporating MBD, Ludhiana asset in their estimates.
- Nexus Select Trust REIT unveiled its 'Nexus 2.0: Re-imagining the Future' strategy in its Analyst meet.
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Bloomberg Quint
23h
327
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Q4 Results Live: BHEL, Hyundai Motor India, Shipping Corporation To Be In Focus
- Over 100 companies, including Hyundai Motor India Ltd., Shipping Corp. of India, Delhivery Ltd., and Reliance Infrastructure Ltd. are set to announce their Q4 earnings on May 16.
- BHEL is projected to report a revenue of Rs 11,575 crore and a net profit of Rs 738 crore.
- Hyundai Motor India is expected to report a revenue of Rs 17,351 crore with a net profit of Rs 1,332 crore.
- Several companies like Hyundai Motor India, Shipping Corporation, and Delhivery Ltd. are in focus for their Q4 financial results.
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Bloomberg Quint
23h
29
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Hottest Cities In India: This Rajasthan City Sizzles At 46 Degrees Celsius, Check Full List
- Rajasthan's Ganganagar recorded the highest temperature in India at 45.8 degrees Celsius on May 15, as per IMD.
- Other cities facing heatwave conditions included Varanasi, Gaya, Daltonganj, Delhi, and Ambala.
- Top 10 hottest Indian cities on May 15 included Ganganagar, Jaisalmer, Bikaner, Barmer, Churu, Pilani, Sultanpur, Dehri, Varanasi, and Khajuraho.
- IMD predicts ongoing heatwave conditions in states like MP, Bihar, UP, Punjab, and Rajasthan till May 20, with no immediate relief expected.
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Bloomberg Quint
23h
235
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Mahindra & Mahindra Gets Anand Rathi's 'Buy' Initiation On Strong Market Share Gains
- Anand Rathi has initiated a 'Buy' rating for Mahindra & Mahindra due to strong market share gains and strategic approach.
- Anand Rathi projects M&M's volumes to increase at 11% in FY26, driven by growth in various segments like PVs, tractors, CVs, and exports.
- M&M aims to launch multiple ICE SUVs, BEVs, and LCVs by FY30, with plans to introduce different models annually. Anand Rathi expects the company's focus on unique and superior features to lead to future success.
- To access the full article and continue reading, subscription to the platform is required for more in-depth insights and analysis.
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Bloomberg Quint
1d
210
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Bharti Airtel Stock Drops As Singtel Executes Major Share Sale
- Bharti Airtel's stock price dropped by 3.06% as Singtel executed a major share sale.
- Singtel planned to sell over 1% stake in Bharti Airtel, valued at Rs 8,568 crore through open market transactions.
- JPMorgan is expected to facilitate the block deal where Singtel aimed to sell approximately 4.76 crore shares at a floor price of Rs 1,800 per share.
- Despite the stock decline, Bharti Airtel's share price recovered slightly to trade 2.75% lower and analysts maintain a positive outlook on the company with an average 12-month consensus price target suggesting an upside of 9.3%.
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Bloomberg Quint
1d
304
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Bank Holiday: Are Banks Open Or Closed On Saturday, May 17? Details Here
- Banks across India will remain open on Saturday, May 17, as it falls in the third week of the month.
- According to the Reserve Bank of India (RBI) holiday calendar, banks are closed on the second and fourth Saturdays and all Sundays every month.
- Services like online banking, mobile apps, and ATMs will function as usual on May 17 despite it being a bank holiday.
- Customers are advised to use digital services for any urgent banking needs and plan ahead for any necessary in-person transactions around the bank holiday.
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Bloomberg Quint
1d
195
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Apple Rolls Out CarPlay Ultra For Aston Martins, With Closer Integration Between iPhone, Car
- Apple has introduced CarPlay Ultra for Aston Martins, offering enhanced integration between iPhone and car through a software update.
- CarPlay Ultra provides screen information such as speedometer, tachometer, fuel gauge, and temperature gauge, along with real-time content for drivers.
- The next generation of CarPlay enhances in-car experiences by combining iPhone features with the car functionalities, offering dynamic settings and customization options.
- CarPlay Ultra will initially be available in the US and Canada for Aston Martin's core models, with plans to expand globally; it requires iPhone 12 or later with iOS 18.5 or later.
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Bloomberg Quint
1d
364
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South Indian Bank Share Price Advances After Q4 Profit Jump, Asset Quality Improvement
- South Indian Bank's profit rose to Rs 683 crore from Rs 434 crore in the year-ago period.
- The net interest income for the quarter fell 1% to Rs 868 crore, compared to Rs 875 crore in the previous fiscal quarter.
- The asset quality of South Indian Bank improved with gross NPA ratio declining to 3.20% from 4.30% in the previous quarter.
- The share price of South Indian Bank rose by more than 1% to reach an 11-month high, trading at Rs 28.10 apiece.
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