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Finance tech startup Bunker raises over $5M

CFO Dive

The funds will be invested toward product development, growing the company’s team and accelerating its “go-to-market strategy,” according to Bunker CEO Shivom Sinha.

Startups 245
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Angel funds may soon get to invest more in startups boosting system

CFO News

The government and the capital market regulator may take a relook at the maximum investment that an angel fund can make in a single company. At present the investment limit, capped at ₹10 crore, may be at least doubled, according to fund and startup industry circles.

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Investors Cool on Internet-of-Things Startups, a Tech Conduit for Retailers

CFO News Room

Slumping markets have investors pulling back from funding startups that make internet-connected devices for retailers, threatening to choke an innovation pipeline for emerging tools like smart shopping carts and inventory management robots. Over the same period, investment dollars in IoT startups fell 57.2% Hand said.

Startups 100
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Market gives thumbs up to Budget 2022

CFO News Room

The equity market witnessed some wild swings on the Budget Day, with the Sensex rebounding after losing more-than 2% from the day’s high. Markets have been very volatile in the previous two years, with the Sensex losing 1% and 2.43%, respectively, on the budget day in 2019 and 2020. By Yoosef Kp & Ruchit Purohit.

Budgeting 130
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Spanish Food Delivery Startup Glovo Shutters In Four Markets

PYMNTS

Glovo , a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way, according to reports on Tuesday (Jan. Last year, Turkey was touted as one of the fastest-growing markets in Glovo’s repertoire. 21) announcement.

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MiB: Graeme Forster, Orbis Investments

Barry Ritholtz

 This week, we speak with Graeme Forster, a director at Orbis Investments Ltd., The firm’s investment strategy is “differentiated thinking” primarily focused on equities. Previously : MiB: Adam Karr, Orbis Investments (January 16, 2021) Why Pay Alpha Prices for Beta?

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Companies incorporated abroad are moving back to India

CFO News

Indian markets are proving to be ideal for startups in terms of investments as well as ease of business operations, say experts. Businesses that incorporated or shifted their base outside India are moving back home.

Startups 129