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EV startup Zypp Electric nabs $25M to hit 30 Indian cities by 2025

TechCrunch

Zypp Electric, an Indian startup that offers an EV-as-a-service platform catering to e-commerce companies and gig workers, has received a $25 million investment led by Taiwan’s battery-swapping giant Gogoro. EV startup Zypp Electric nabs $25M to hit 30 Indian cities by 2025 by Jagmeet Singh originally published on TechCrunch

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Understanding Investment Immigration Market: A Conversation with Amal El Habziz

AsiaTechDaily

Register The investment immigration market has witnessed exceptional growth in recent years, with projections indicating a staggering $100 billion valuation by 2025. A dedicated investment consultant & investor herself she works with clients seeking Residency Permits or Citizenship through strategic investments.

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CapitaLand Investment establishes China data centre development fund

AsiaTechDaily

Register CapitaLand Investment Limited (CLI) has recently announced its decision to establish a China data centre development fund, CapitaLand China Data Centre Partners (CDCP), with an initial investment of $1 billion. This is projected to grow 24% annually until 2025. The total equity committed to CDCP amounts to $530 million.

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General Atlantic invests another $100 million in PhonePe

TechCrunch

General Atlantic has poured another $100 million in PhonePe, three months after leading a $350 million investment in the Indian fintech startup that has so far raised $750 million in an ongoing financing round. Walmart-backed PhonePe disclosed the investment in a filing with the local regulator on Wednesday.

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Walmart invests $200 million in Indian mobile payments giant PhonePe

TechCrunch

Walmart, which owns the majority of PhonePe, has invested $200 million into the startup. PhonePe, to be sure, is the clear leader in the mobile payments market on UPI, a network built by a coalition of retail banks in India. The ongoing round values the Bengaluru-headquartered PhonePe at a pre-money valuation of $12 billion.

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Tiger Global and Ribbit invest another $100 million in PhonePe

TechCrunch

PhonePe, to be sure, is the clear leader in the mobile payments market on UPI, a network built by a coalition of retail banks in India. The startup doesn’t expect to turn EBIDTA positive, a key profitability metric, until calendar year 2025, KMPG wrote in its valuation report.

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Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

TechCrunch

As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. billion with BIPOC and diverse businesses by 2025.

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