Monday, December 3, 2018

Ping An-backed Lufax raises $1.3 billion at lower valuation: sources

Ping An-backed Lufax has raised $1.33 billion in its latest funding round from a dozen investors, at a valuation below expectations of the financial technology company, people with direct knowledge of the matter told Reuters.


from Reuters: Technology News https://ift.tt/2FUTtVv

No comments:

Post a Comment

Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fun...