Topics: Startups

Private Equity Investment Up by 64% in India

Private Equity Investment Up by 64% in India

Private equity investment in India is booming, according to the latest report by Grant Thornton. The report shows PE investment jumped by 64% in value terms in May. The region attracted $663 million worth of private equity investment during the month, driven by big-ticket investments.   Deal value improving, but deal numbers declining   While the deal value increased in [...]

Switzerland – an important FinTech Hub in the near Future?

Switzerland – an important FinTech Hub in the ...

New Study by Roland Berger and Swiss Finance Startups Switzerland must seize the FinTech opportunity now! Download the Swiss FinTech Study here ·      The rapid worldwide development of startups in the FinTech industry will lead to significant shifts in the global financial industry. ·      Innovations in the FinTech area lead to a fragmentation of the value chain and thus drive [...]

Disrupting Foreign Exchange with Blockchain

Disrupting Foreign Exchange with Blockchain

Last week Lykke announced a competition to build a new and superfast foreign exchange and settlement platform based on blockchain. Its Swiss founder is Richard B. Olsen. He was a fintech founder long before that buzzword entered our vocabulary. In the eighites, he established a real time financial information system and in the nineties, a Forex trading platform startup that [...]

Two More Highly Valued Internet Startups Secure Funding

Two More Highly Valued Internet Startups Secure ...

This week two large rounds were announced for Internet platform providers, specifically Evernote and 1stdibs (first dibs). Evernote, which runs a notes-recording and publishing platform, confirmed that it raised USD 70 million in a deal that valued the web-based notes company at a billion dollars, according to TechCrunch.   The Series D  round for the software company is meant to [...]

Zulily: The Latest Billion Dollar Internet Startup

Zulily: The Latest Billion Dollar Internet Startup

This week Reuters reported that two-year old flash-sales site Zulily raised USD 85 million in a funding round that valued the company at USD 1 billion. The company sells baby products and home-decor merchandise in the US and UK. The round was led by Andreessen Horowitz, an up and coming VC firm that has raised one of the largest funds [...]