Tuesday, August 27, 2024

Yubi founder infuses Rs 250 crore in the digital lending platform

In March 2022, the tech-driven composite debt platform formerly known as CredAvenue, raised $137 million in a Series B funding round led by New York-based VC firm Insight Partners. Following a secondary share sale, it attained unicorn status and was valued at $1.5 billion.

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

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...