Wednesday, January 4, 2023

Jack Ma’s Ant Group wins approval for $1.5 billion capital plan

The China Banking and Insurance Regulatory Commission division in Chongqing green-lit the company’s plan to lift its capital to 18.5 billion yuan, according to a notice on December 30.

from Tech-Economic Times https://ift.tt/PflmDW1

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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...