Reliance Retail Ventures Limited (RRVL) announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest ₹ 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of ₹ 8.278 lakh crore, a statement said. RRVL, through its subsidiaries and associates, operates India’s largest, fastest…
Airtel Africa, a telecommunications and mobile money services provider, with a presence in 14 countries across Africa, announced the signing of an agreement under which Qatar Holding LLC, an affiliate of the Qatar Investment Authority (QIA), will invest $200 million in Airtel Mobile Commerce BV (AMC BV), a subsidiary of Airtel Africa plc. AMC BV is the holding company for several of Airtel Africa’s mobile money…
VerSe Innovation, the parent firm of popular news and entertainment app Dailyhunt and short video app Josh, said it has raised over $100 million as part of a Series H financing round from Qatar Investment Authority and Glade Brook Capital Partners. The announcement follows another $100 million+ investment the startup secured from Google, AlphaWave, and…
Fluence, the leading global energy storage solutions provider, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction. Consummation of the transaction is subject to the satisfaction of customary closing conditions, including regulatory…
Walmart, a multinational retail corporation, announced it has invested $560 million in Flipkart as part of its $1.2 billion round announced in July, according to the regulatory filings made in Singapore show. The news was first reported by Entrackr. According to the filings, Walmart had been allotted 39,57,960 equity shares in Flipkart’s Singapore unit at…
CureVac, a leading clinical stage biotechnology company in the field of messenger RNA and one of Germany’s leading contenders to develop a COVID-19 vaccine, said it aims to raise up to $245 million in an initial public offering (IPO) on the US Nasdaq, according to Reuters. The biotech firm said it plans to offer a…