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Reliance Retail acquires majority stake in Just Dial for $469 million

Reliance Retail said on Friday it has acquired a controlling stake in 25-year-old Indian search and discovery firm Just Dial in a deal worth $469 million.The Indian retail giant said it has acquired 4

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Breach simulation startup AttackIQ raises $44M to fuel expansion

AttackIQ, a cybersecurity startup that provides organizations with breach and attack simulation solutions, has raised $44 million in Series C funding as it looks to ramp up its international expansion

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Carsome Group will acquire iCar Asia in a deal worth $200M

Southeast Asia’s car marketplace wars are going into high drive. Today Carsome Group, one of the region’s largest online used car marketplaces, said it plans to acquire listings platform iCar Asia in

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NGOs, experts call for peace, development in human rights protection

NGO leaders and experts speak during a parallel event for the 47th Session of the UN Human Rights Council, July 9, 2021. /CMG Leaders of nongovernmental organizations (NGOs) and experts from C

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Soft Robotics raises another $10M, citing pandemic-related demand

Add Soft Robotics to the long list of automation companies that have seen a boost in investment interest amid the pandemic. The New England-based firm announced this morning a $10 million raise that s

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The May Fourth Movement and the founding of the CPC | CPC in 100 Years

When people refer to the May Fourth Movement, they don't simply mean the events that took place on that day, but rather a broader ideological change that saw the politi

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Forto raises $240M in funding round led by Softbank, taking its valuation to $1.2Bn

Freight technology startup, Forto, which we most recently covered when it raised $50 million late last year, is upping the stakes.It’s now raised $240 million in a round led by Softbank Vision Fund 2

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Lidar company Quanergy to go public via $1.4B SPAC deal

Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., a Chinese blank-check firm a

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Music licensing marketplace Songtradr raises $50M

Music licensing marketplace Songtradr this morning announced a $50 million Series D. The oversubscribed round – which features Regal, Aware Super, Perennial, Argo and Greencape – follows a $30 million

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Delivery service Gopuff acquires rideOS for $115 million

On-demand goods, food and alcohol delivery service Gopuff has acquired fleet management platform rideOS for $115 million, sources familiar with the deal say.This acquisition comes just a few months af

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Philippine leader eases face shield requirement

The Philippine president has agreed to ease a pandemic regulation requiring people to wear face shields on top of masks in most public areas, but health officials said

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Canoo to build its first electric vehicle factory in Oklahoma

Canoo, the electric vehicle startup that recently became a publicly traded company through a merger with a SPAC, plans to build a factory in Oklahoma that will employ up to 2,000 workers, newly appoin

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Rocket Lab to design two orbital spacecraft for NASA to study Mars

Rocket Lab is developing two spacecraft based on its Photon platform to orbit Mars, studying the planet’s magnetosphere in order to gain a better understanding of the ways in which Mars’ c

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G2VP VC raises $500 million to fund sustainable tech

G2 Venture Partners, a firm that spun out of Kleiner and Perkins Caufield Byers, has raised $500 million to support entrepreneurs that aim to make existing industries more efficient, environmentally f

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Nvidia acquires hi-def mapping startup DeepMap to bolster AV technology

Chipmaker Nvidia is acquiring DeepMap, the high-definition mapping startup announced. The company said its mapping IP will help Nvidia’s autonomous vehicle technology sector, Nvidia Drive.“The a

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Fintech startup TreasurySpring raises $10M for platform giving online access to Fixed-term-funds

Fixed-term-funds (FTFs) have historically been a bank-to-bank market. FTF products allow for investing into some of the safest assets including, UK Government bonds, US Government bonds and highly-rat

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Tata Digital to acquire majority stake in online pharmacy 1mg

Tata Digital, the subsidiary of Tata Sons, said on Thursday it is acquiring a majority stake in digital health startup 1mg, the latest in a series of investments as the salt-to-steel Indian conglomera