In the oversubscribed IPO of Mamaearth, Peak XV Partners has found its fourth 10x or greater return within the six months since separating from the Sequoia family. The venture fund is sitting on an 10x return on its investment in Mamaearth, according to an analysis of its IPO documents by TechCrunch. Mamaearth is Peak XV’s … Read more
A worker cutting steel pipes near a coal-powered power station in China on Nov. 12, 2021. Greg Baker | AFP | Getty Images China has changed the world’s energy system before and is set to do so again, as a peak in demand for fossil fuels nears, according to the International Energy Agency’s Executive Director. … Read more
Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions for businesses. It enables clients to pay in or accept crypto and get fiat money in their bank accounts the next day. Triple-A announced today it has raised … Read more
AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies its search for opportunities in a sector garnering international frenzy. Ten out of 13 startups in the latest cohort of Surge, Peak XV’s powerfully influential early-stage program, … Read more
An off-shore oil platform off the coast in Huntington Beach, California on April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images It’s been a war of words and numbers between two major players in the energy industry – the International Energy Agency and OPEC – as they spar over … Read more
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan announced it’s increasing its bond purchases at Wednesday’s auction, as a spike in government bond yields tests its resolve to defend its yield curve control policy. … Read more
The speed of dementia is anticipated to double each 20 years, however many instruments for early detection, like MRI scans, are troublesome for sufferers to entry. Neurowyzr needs to assist extra individuals get mind healthcare by instruments like its on-line Digital Mind Perform Display screen (DBFS). The startup, which has workplaces in Singapore and India, … Read more
Tiger International, DST International, Peak XV, Steadview Capital, and Kotak Non-public Fairness are amongst world and Indian buyers who’ve requested Prime Minister Narendra Modi to rethink India’s not too long ago introduced taxation on on-line gaming, saying the “onerous tax regime” will result in a write-off of $2.5 billion and lack of 50,000 jobs. The … Read more
An aerial view of the central enterprise district and Sydney Opera Home on February 17, 2023. David Grey | Getty Photographs Information | Getty Photographs Australia’s central financial institution held its official money price regular at 4.10% in a carefully watched determination Tuesday. Economists had been cut up on expectations forward of the choice, with … Read more
ARAFAT, Saudi Arabia — They got here at nighttime of evening, within the hundreds, to clamber up the rocky hill referred to as Mount Arafat. The mound southeast of Mecca is little recognized exterior Islam. For non-Muslims, the circling of the Kaaba — the black, cube-shaped construction within the holy metropolis — is essentially the … Read more