FPL Technologies, the Indian startup that operates OneCard, is set to double its valuation to about $1.5 billion in a new financing round, just a month after it disclosed its previous funding, according to three sources familiar with the matter.
Tag: Billion
Biden will announce $1 billion in infrastructure funding to clean up Great Lakes
The bulk of funding is targeted to restore what the Environmental Protection Agency has identified as severely degraded “Areas of Concern.” The administration projects that funding from the infrastructure law — combined with funds from annual Great Lakes Restoration Initiative
White House seeks additional $30 billion in Covid-19 funding
Top officials with the Department of Health and Human Services laid out the need to lawmakers on Tuesday, according to the source, who requested anonymity to discuss private conversations. The funding would go toward vaccines, treatments, testing and other pandemic
Quest Store Surpasses $1 Billion in Content Revenue, Showing Major Growth
Meta today announced that the Quest content store has surpassed $1 billion in purchased VR content since its launch in 2019, representing a huge inflection point for the headset. During today’s Meta earnings call, the company shied away from
Amazon has a $31 billion a year advertising business
Amazon revealed Thursday just how big its advertising business has become. It generated $31.2 billion in revenue in 2021, with fourth-quarter sales rising 32%, according to the retailer’s fourth-quarter earnings statement. The disclosure follows years of Amazon investing in the
Michael Jordan Among Other Athletes Backs WatchBox, Which Closes in on $1 Billion Valuation
Image: WatchBox Michael Jordan has joined the list of athletes investing in WatchBox, a site that allows people to buy, sell, and trade luxury watches. WatchBox announced recently that it raised US$165 million of equity capital. Jordan joins the likes
Travis Scott, others hit with $2 billion lawsuit in wake of Astroworld disaster
A Texas attorney on Thursday filed a $2 billion lawsuit on behalf of 282 victims of the deadly Astroworld Festival — adding to the legal woes faced by Travis Scott and other parties involved in the ill-fated concert in Houston.
Elon Musk Offers To Sell US$6 Billion Worth of Tesla Stock To Alleviate World Hunger
Elon Musk has said that he will sell US$6 billion worth of Tesla stocks if the UN’s food agency can prove how the money can solve world hunger. The statement comes after David Beasley, director of the World Food Program,
Joe Montana prepares for biggest windfall as a venture capitalist ahead of GitLab’s $10 billion IPO
Joseph “Joe” Montana, co-founder of iMFL and retired National Football League (NFL) quarterback, speaks during an interview in San Francisco, California, U.S. on Tuesday, April 30, 2013. David Paul Morris | Bloomberg | Getty Images Joe Montana won his first
Crazy Deals Calling – Top phones shopfront this Big Billion Days- 3rd Oct – 10th Oct 2021
Flipkart’s Big Billion Days Sale is here, which means now is an excellent opportunity to get the best deals on all types of smartphones! As one of the e-commerce behemoths, Flipkart promises its biggest sale of the year! Flipkart’s annual
Indian social commerce Meesho raises $570 million at $4.9 billion valuation – TechCrunch
Meesho has a lot more than doubled its valuation in considerably less than 6 months, to $4.9 billion, as a developing range of high-profile investors back again the Indian social commerce startup that is reporting powerful advancement inspite of the
Google’s spending $2.1 billion for even more New York City real estate
Google is once again snapping up more real estate in New York City. Tuesday the company announced it was buying one of the buildings it currently leases: Google is buying Manhattan’s St. John’s Terminal at 550 Washington Street for $2.1 billion. New
EU set to launch formal probe into Nvidia’s $54 billion takeover of Arm
Arm Brussels is set to launch a formal competition probe early next month into Nvidia’s planned $54 billion takeover of British chip designer Arm, after months of informal discussions between regulators and the US chip company. The investigation is likely
FullStory Raises $ 103 Million With $ 1.8 Billion Valuation to Counter Rage Clicks On Websites And Apps – TechCrunch
Despite years of work to improve the behavior of screen-based interfaces, experience with websites, mobile apps, and other interactive services that you may use is still lacking. Often there is. I can’t find what I need. , We’re just being
La Liga Agrees to Sell $3 Billion Stake to CVC Capital Partners
TOKYO — Spain’s top soccer league has agreed to a deal in principle to sell 10 percent of its business to a private equity firm, CVC Capital Partners, for around $3 billion, according to executives with knowledge of the deal.