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You Searched For "pre money valuation of 12 billion" and got 20 results


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1 min read

PhonePe raises $100 million from Ribbit Capital, Tiger Global & TVS Capital Funds

PhonePe, a leading fintech company, has raised $100 million in new capital from Ribbit Capital, Tig…

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2 mins read

FII stake in Indian equities dips to a 12-year low

Foreign institutional investors (FIIs) continued pulling out of Indian markets in November, driven …

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2 mins read

GameStop could make more money than it has in recent quarters by just sitting on its $4 billion cash pile

GameStop's $4 billion cash pile could generate upwards of $200 million in annual interest based on …

Matthew Fox   


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2 mins read

Asia's answer to Chipotle is now a $1.5 billion public company

Guzman y Gomez's shares climbed 36% in the hours after trading started.

Shubhangi Goel   


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5 mins read

Trump's hush-money trial is set to heat up

Former President Donald Trump's hush-money trial — the first-ever criminal trial of a former presid…

Dan DeFrancesco   


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Stocks look pricey, the economy is showing cracks, and the Fed is an enemy to markets, says deputy chief investor of a $96 billion money manager

DoubleLine's Jeffrey Sherman touted bonds over stocks, raised concerns about regional banks, and fl…

Theron Mohamed   


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Trump fraud-trial experts offer chillaxed theory of asset valuation in defense testimony

Almost anything goes when it comes to sticking price tags on your assets, expert witnesses said Tue…

Laura Italiano   


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2 mins read

Cathie Wood's ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early

"I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," …

Matthew Fox   


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3 mins read

Hush money judge eviscerates Trump's 'untenable' motion to delay trial due to 'pretrial publicity'

Judge Juan Merchan kept Monday's jury selection on track, rejecting a bid for a delay due to pretri…

Laura Italiano   


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2 mins read

Reddit's lost money for nearly 20 years. Turning a profit is going to be tricky.

Reddit has never made a profit. The company aims to make money from advertising, data licensing, an…

Theron Mohamed   


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Elon Musk's xAI says it just raised $6 billion in funding, pulling in big bucks from Sequoia Capital and Saudi Arabia

Musk said in an X post that the AI startup's pre-money valuation was $18 billion.

Kwan Wei Kevin Tan   


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1 min read

The US wants to boost affordable housing by using billions in unspent COVID aid

The Treasury Department has freed up funds from COVID-era programs to support national housing proj…

Filip De Mott   


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3 mins read

As Reddit battles OpenAI and sees its pre-IPO valuation fall, I can't help quoting Taylor Swift: Karma's gonna track you down

As a journalist and avid Reddit user, I see karmic justice in Reddit fending off AI bots from consu…

Julie Bort   


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PhonePe raises another $100 million from General Atlantic

PhonePe secured an additional USD 100 million investment from General Atlantic, a leading global gr…

PTI   


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2 mins read

Warren Buffett's company just slashed its Apple stake and grew its cash pile to a record $189 billion

Warren Buffett's Berkshire Hathaway sold a net $17 billion of stocks last quarter, fueling a $21 bi…

Theron Mohamed   


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Steve Cohen and other sports investors set to pump billions into the PGA Tour

The nine-figure deal comes in an effort to take some control back from its Saudi rival LIV Golf.

Aaron Mok   


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2 mins read

Paytm may skip its pre-IPO sale as advisors reportedly recommend lower valuation

One 97 Communications — the parent company of digital payments giant Paytm — has reportedly decided…

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2 mins read

The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion ⁠— a ten fold jump in 18 months

The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…

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Warren Buffett missed a trick by not investing in Tesla at a rock-bottom valuation, Elon Musk says

Warren Buffett passed on a stake in Tesla at a $200 million valuation in 2008, Elon Musk said. His …

Theron Mohamed   


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Ola raises half a billion dollars in debt to fuel its food delivery and quick commerce dream

Ride hailing firm Ola has raised $500 million in debt from undisclosed institutional investors as t…