The Austin base of Kendra Scott had grown into a powerhouse brand. A new investment was made but they did not disclosed how much was the investment.
The latest Motilal Oswal study stated that focused investing will fetch higher returns than spreading investments over a larger number of stocks. The study also reported on the key factors in getting higher returns, as well as the mistakes investors must avoid.
Xiaomi’s partnership with India’s Hungama will make it easier, more accessible and more affordable for locals to access the company’s service that will soon be integrated together with themes and ringtones.
India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading for manipulating castor seed futures. National Commodity & Derivatives Exchange (NCDEX) is also enhancing and strengthening surveillance system for commodity exchanges in the country.
Encouraging gains on Wall Street were propelling up stocks in Asia and Australia. Barring Hang Kong and Japan, all the major market benchmark indices in Asia and Australia, rose.
Usher and Robert Downey Jr. join a list of investors to help fund online learning platform MasterClass in its Series B round. In total, the round raised $15 million as the company plan to further expand its area of subjects as well as adding new instructors.
Investment inflows into oil and gas projects are dropping significantly. The investments in oil projects in 2016 is forecast to fall below £1 billion from the five-year annual average of £8 billion.
It was confirmed on Monday that Israeli company Ravello was acquired by Oracle for $500 million. Ravello joins Oracle's cloud business with high hopes to take on giant tech companies like IBM, Google, Microsoft, and Amazon.
Asian stocks rebounded on Monday ahead of G20 Finance Ministers meeting, which is scheduled on this weekend. Investors are positively looking to reassurances about global economy growth.
Silicon Valley-based private co-investment platform F50 has the launched beta version of co-investment Syndication Platform. F50 facilitates both the online and offline transactions for investors and startups. It doesn't charge a transaction fee to founders.
The micro venture capital (VC) funding space in India is witnessing a robust activity. A rising new breed of venture capital investors is keen on early-stage investment in startups. About 12 micro venture capital funds are operational in India.
University of Chicago scholarship programs get $50 million donation from Sequoia Capital chairman Michael Moritz and his wife Harriet Heyman. The said huge donation will fund the Odyssey Scholarship Program and the Collegiate Scholars Program.
SolarCity has left modest growth plan in the US market due to withdrawal of subsidy from renewable energy sector. Investment of $10 million by billionaire entrepreneur Elon Musk has surprised many. This acquisition is believed to bring back confidence among the investors of SolarCity as a long term investment.
Serial entrepreneur, advisor, and investor Schwark Satyavolu will join Silicon Valley investment firm Trinity Ventures. He will be taking care of fintech, a subject matter in which he has impressive experiences. Trinity Ventures will invest in new deals with its $400 million fund closed in November 2015 with the help and advise from Mr. Satyavolu.
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