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Paytm: Elevation Capital’s massive gamble on Paytm backfires

Elevation Capital, the largest institutional shareholder in One 97 Communications-- owner of digital payments brand Paytm-- is staring at a massive erosion in the worth of its holding, amid a free-fall in the shares of the beleaguered company following the regulatory ban on its payment bank operations that comes into effect on March 15.The Ravi Adusumalli-led fund’s 15% stake in One 97, which was valued at about Rs 6,100 crore when the post-IPO lock-in expired in November 2022, had shrunk by nearly 40% to Rs 3,800 crore…

Washington Capitals, Wizards to move to Virginia in 2028

The National Hockey League's Washington Capitals and the National Basketball Association's Washington Wizards are slated to move to Alexandria, Virginia, as part of a $2 billion entertainment complex effort, the state's Gov. Glenn Youngkin announced Wednesday.The development, about 8 miles south of Washington, D.C., will house the new global headquarters for Monumental Sports & Entertainment, which owns the Capitals and Wizards, as well as the new home arena for the teams. The 9 million square foot district will also…

Venture capital’s 2023 bloodbath, by the numbers

After a shockingly successful 2021 and a mixed 2022, the party seems to have truly come to an end for startups and venture capitalists in 2023.And while the doomsday economic scenarios many expected at the start of the year failed to materialize, the continued sense of malaise after the collapse of Silicon Valley Bank earlier this year and a less-than-rosy IPO market isn’t painting an optimistic picture for the months to come.Much heralded IPOs from Instacart and Klaviyo, which many thought would signal the resurrection…

Qatari Fund Is in Talks to Buy Minority Stake in Washington Wizards, Capitals and Mystics

The move would add to the influx of money from the Gulf region reshaping professional sports across the globe. The move would add to the influx of money from the Gulf region reshaping professional sports across the globe. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors.…

Kylie Minogue was a surprise performer at Capital’s Summertime Ball

Kylie Minogue surprised fans yesterday when she took to the stage at Wembley Stadium for Capital’s Summertime Ball with Barclaycard.In the blazing heat the Pop Princess performed her explosive new track ‘Padam Padam’, which is currently sitting at number 10 in the midweeks, and her iconic hit “Can’t Get You Out Of My Head”.Wearing a stunning red Grecian inspired frock and backed by a throng of dancers, Kylie – in her very first performance on the legendary Wembley Stadium stage – was a well-kept secret and huge surprised…

Explaining Blockchain Capital’s Big Bet on an Eyeball-Scanning Orb

This week, Worldcoin, an outfit that aims to serve as proof of personhood in a world where it’s harder by the day to distinguish a human from a bot, raised $115 million in Series C funding. Led by the 10-year-old venture firm Blockchain Capital, whose bets have included Coinbase, Kraken and OpenSea, the investment brings Worldcoin’s funding to at least $240 million, even as the controversial organization — founded in 2019 by OpenAI CEO Sam Altman — has much to prove. Yesterday, we talked with Blockchain Capital…

DC vs MI Live Streaming Today: Where to Watch TATA IPL 2023 Delhi Capitals vs Mumbai Indians Live Score Online

DC vs MI TATA IPL 2023 Live Score Today: After the culmination of yesterday's matches, Lucknow Super Giants are at the summit, albeit with an extra game played. Today's match takes place between Delhi Capitals and Mumbai Indians, both of which have had disappointing start to this season's IPL. DC and MI have not won any matches yet. Delhi Capitals is dead last in the IPL 2023 standings while Mumbai Indians is at the 9th position, having played a game less.If you are looking forward to today's face-off, then know when and…

TATA IPL 2023 DC vs GT Live: Where to Stream Delhi Capitals vs Gujarat Titans Live Score Online

TATA IPL 2023 DC vs GT Live: Delhi Capitals and Gujarat Titans had contrasting fortunes in their last matches. While Capitals fell to a 50-run defeat against Lucknow Super Giants despite a half century by skipper David Warner, Gujarat Titans won against Chennai Super Kings by 5 wickets, courtesy a strong batting performance by Shubman Gill. Delhi Capitals and Gujarat Titans face each other in a thrilling encounter today, April 4. Know where you can watch DC vs GT live online. TATA IPL 2023 DC vs GT Live: Time and…

TATA IPL 2023 LSG vs DC Live Streaming Today: Where to Watch Super Giants vs Capitals Match

TATA IPL 2023 LSG vs DC Live Streaming: The second game of the day and the 3rd match of the 16th season of the Indian Premier League is between Lucknow Super Giants and Delhi Capitals. Last season, LSG won both their games against DC and while they will be looking to turn it into a hattrick, Delhi has a reason to get even and start the season with points on the table. Both the teams have a fiery top order so this game is likely to be a high scoring game. You should not miss it. Find out where to watch Lucknow Super…

Avaana Capital: Speciale Invest hires Avaana Capital’s Vishnu Rajeev as an investment principal

Speciale Invest, a seed-stage VC firm specializing in deep science and enterprise technologies, has appointed Vishnu Rajeev as Investment Principal. The appointment of Vishnu strengthens Speciale Invest's investment team, bringing in a wealth of experience and expertise in the investment and startup ecosystem, according to a release.With over 10 years of industry experience, Vishnu has previously served as Investment Principal at Avaana Capital, and as mobility and climate lead at Micelio and Axilor Ventures. In addition,…