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Google Pay Co-founders’ Indian Neobank Has Raised $13.2M

PYMNTS

Sujith Narayanan and Sumit Gwalani, both co-founders of Google Pay India — formerly called Google Tez — said the seed funding brings the neo-bank startup epiFi to a valuation of roughly $50 million. They want insurance, lending, investment opportunities and multiple products,” said Narayanan, epiFi CEO.

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C3 IoT Sees The Fourth IT Revolution

PYMNTS

Investments for 9-5-2016. In investing, whether across equities, private placements or venture capital activity, no one likes the term “anemic.”. But that may be the appropriate term — at least, in describing the latest documentation of fund flows through our Investment Tracker. A large manufacturer in the U.S.

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VCs To Hunt In Barren Fields?

PYMNTS

The fact remains that venture capital firms are in the midst of raising money at a level not seen in a decade and a half, and yet, as The Wall Street Journal noted this week, the valuations of some of the highest fliers in the land of startups have started to move back toward earth, which brings to mind Icarus and the sun.

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Tech Cos Making M&A Deals Amid Pandemic

PYMNTS

This represents the fastest pace of acquisitions and strategic investments since 2015. billion deal for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. “One Two years ago it was valued at $3.2 billion, FT reported. . Last month, Facebook closed a $5.7

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Transcript: Aswath Damodaran

Barry Ritholtz

 The transcript from this week’s, MiB: Aswath Damodaran: Valuations, Narratives & Academia , is below. You’re known as the dean of valuation. What led you into that field of study in the world of investing? He said, oh, dean of valuation, it’s easier to say. RITHOLTZ: Right. And I said, why?

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