Investment

The paradox of big guys getting big cheques hands-down while financing in general is getting harder to come by in China.

Jio Platforms has raised over USD 20 billion in funding from 13 global investors in the last few months.

Edtech has emerged as one of the most sought after sectors by global as well as local venture capital firms.

Antler received 2,500 applications for its fourth Singapore cohort and 1,500 applicants for the COVID-19 initiative.

Last month, Microsoft also announced it’s bringing its venture fund arm M12 to the country to invest in enterprise startups in the Series A through C funding stages.

The latest investment will deepen the ties between the two giants enabling Jio Platforms to roll out advanced 5G infrastructure and services for its 388 million user base.

Arvind Fashions has a portfolio of 27 fashion brands including Flying Machine, Newport, Excalibur, US Polo Assn., Arrow, GAP, Arrow, Tommy Hilfiger, and Calvin Klein.

With the Intel Capital funding, Jio Platforms has raised USD 15.7 billion by diluting 25.09% equity.