VC-backed Indian public firms scale to $50 billion in market cap: Tribe Capital report
Underscoring a rebound in valuations of Indian venture-backed public companies – with the market capitalisation of these firms, including Zomato,…
Tag: billion
How $100 billion mining giant Rio Tinto is poised to benefit from the EV boom
Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of…
Open Text to Sell AMC Business to Rocket Software for $2.28 Billion in Cash
Open Text agreed to divest its application modernization and connectivity business to Rocket Software for about $2.28 billion in cash.…
European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot
A 3D map showing the continent of Europe. Constantine Johnny | Moment | Getty Images Venture capital investment into Europe’s…
Apple iPhone maker Foxconn to invest $1.5 billion in India as it looks to build beyond China
A factory at the mobile phone plant of Rising Stars Mobile India, a unit of Foxconn in Tamil Nadu, India,…
40% of VC-funded US unicorns valued below $1 billion in secondary markets
Around 40% of US-based tech unicorns that have raised capital from venture funds are currently trading at valuations below $1…
Google to invest $1 billion in UK data centre
Alphabet-owned Google said on Thursday it would invest $1 billion in a data centre in the United Kingdom, which would…
India eyes $100 billion annual foreign direct investment in coming years: Ashwini Vaishnaw
India is eyeing $100 billion in annual foreign direct investment (FDI) “in the next few years”, its IT minister said…
Synopsys Strikes $35 Billion Deal to Buy Ansys
Synopsys, a key Silicon Valley supplier to the chip industry, said on Tuesday that it had agreed to pay $35…
Synopsys to acquire graphics software maker Ansys in $35 billion deal
Ajei Gopal, CEO, Ansys Scott Mlyn | CNBC Semiconductor design and software firm Synopsys on Tuesday announced it would acquire…