Entrepreneur Ventures is an early-stage venture capital firm partnered with Entrepreneur Media that is dedicated to backing passionate and innovative founders as early as day one. In this series, we are profiling the amazing entrepreneurs that Entrepreneur Ventures is working with to share their insights on building and growing a thriving business. What’s the elevator … Read more
Published By: Mohammad Haris Last Updated: February 07, 2024, 17:17 IST Cactus Venture Partners on Wednesday announced that it has raised Rs 630 crore for its maiden fund to invest in early growth stage startups. This is the final close for the fund, which will invest in climate technology, health technology and business-to-business software as … Read more
New Delhi: Edtech major Byju’s is reportedly seeking new funding at around $2 billion valuation, down from its top valuation of $22 billion in early 2022. The company, which announced its audited FY22 financial results on Tuesday after a long gap, aims to raise $100-$200 million via a rights issue, reports TechCrunch, citing people familiar … Read more
New Delhi: Tech billionaire Elon Musk has denied the report claiming that his artificial intelligence (AI) company ‘xAI’ secured $500 million in funding toward a $1 billion goal. A report by Bloomberg, citing sources, stated that xAI was in talks with investors for an additional $500 million in funding. However, Elon Musk dismissed the report, … Read more
From the moment the Colorado General Assembly’s leaders gaveled their chambers into session Wednesday, they acknowledged the undercurrent of acrimony that’s seeped ever more deeply into state politics. The Capitol’s two top Democrats touted past achievements and pledged to do more this year, but they also made repeated references to social media eroding civility. They … Read more
An influx of Venezuelan migrants to Carbondale that received national attention has prompted state legislators to authorize $5 million in emergency funding to support local efforts across the state to aid migrants. Local nonprofit Voces Unidas de las Montañas in early November discovered about 80 adult migrants living under a bridge in the mountain town … Read more
Microsoft Corp-backed OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above US$100 billion, people with knowledge of the matter said, a deal that would cement the creator of ChatGPT as one of the world’s most valuable start-ups. Investors potentially involved in the fundraising round have been … Read more
Opinions expressed by Entrepreneur contributors are their own. When small business owners are looking to secure investment from venture capitalists (VCs), they have to understand the accurate valuation of their business before they enter into negotiations. Otherwise, they end up asking for too much, and investors won’t buy in, or they give away too much … Read more
MONEY USUALLY USED TO BUY VOTES, PAY POLITICAL DOWRIES The discovery has highlighted the “power of money” in Indonesia’s elections, an anti-corruption official told CNA. According to research by the Corruption Eradication Commission (KPK), success in legislative and regional head elections is 95.5 per cent determined by money, said Mr Amir Arief, the commission’s director … Read more
