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Why British investor’s bid to buy PZ Cussons Nigeria fell apart

The deal seeking to sell PZ Cussons Nigeria to core investors from Britain hit a brick wall midway after the Nigerian capital market watchdog sought clarification on some irregularities in the PZ board’s request for approval, sources familiar with the matter told PREMIUM TIMES. Nigeria’s Securities and Exchange Commission (SEC) raised an eyebrow after pinpointing flaws in the document by PZ Cussons Nigeria asking the regulator to endorse PZ Cussons (Holdings) UK, which has a 73.3 per cent interest in the company…

india startups: Once burnt, investors curb enthusiasm for Indian startups

India's economy and stock markets are booming, but its startups are not.Investors, once eager to pump in billions of dollars in promising Indian tech ventures, are now going slow and cutting smaller cheques. They've been burnt by ignominious falls from grace - and valuations - for once-marquee young firms or market debutants of recent years such as digital payments company Paytm.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For…

Global PE investors eye bigger pie of India’s software services sector

There has been a notable surge in interest from global private equity (PE) firms and PE-backed entities in acquiring Indian information technology (IT) and software services companies.This is fuelled by a substantial increase in growth capital investments within the IT services sector by global PE funds, which was not prevalent earlier.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIIM…

Non-bank lender Sugmya Finance raises $3 million in funding from existing investors

Sugmya Finance, a Delhi-based non-banking financial company (NBFC), has raised $3 million in a funding round led by its existing investors.The company's existing backers include Angelbay, an angel investment network, Kaptable Holdings Private Limited, PolicyBazaar cofounders Alok Bansal, Yashish Dahiya, and Manoj Sharma; Rajesh Singh, managing director of Deltacoin Financial Services; Naveen Kukreja, CEO of PaisaBazaar; Shantanu Jain, managing director of JP Morgan Chase in Singapore; Ujjwal Bhandari, managing director of…

Bitcoin Dogs Investors With Diamond Hands Taken Aback By BlockDAG Presale Hitting $5.2MBlockDAG

There has been excitement around Bitcoin Dogs (0DOG) – the first-ever ICO on Bitcoin. While it was a hot topic, some Bitcoin Dogs Investors are already sniffing out new opportunities like BlockDAG’s hot presale. Not just Bitcoin Dogs Investors but those who feel they’ve missed the boat with Bitcoin Dogs are boarding on BlockDAG as it offers a chance to get in on the beginning stages of a revolutionary new project that has already raised $5.2M.  Think powerful mining rigs, a supportive community, and a chance…

Kaspa and Solana Investors Shift Focus to BlockDAG After Keynote Premiere

The crypto landscape is abuzz with excitement as BlockDAG (BDAG), the latest sensation in the industry, unveils an exclusive keynote video promising to redefine the realm of digital currencies. With BlockDAG’s presale already exceeding $3.5 million in funding and the rapid uptake of its second batch of BDAG coins, the timing of the keynote release couldn’t be more opportune. Investors are seizing the chance to get in on the action amidst the growing fervor surrounding BlockDAG’s potential for high returns.…

food startups: Hunger games: Investors at the table with appetite for food startups

A slew of homegrown food and beverage brands across categories such as pizzas, bubble teas and burgers are drawing funding from early-stage institutional investors and high net-worth individuals (HNIs).The investors are keen to benefit from rising demand for specialised products, as well as from these young startups’ rapid expansion into markets beyond tier I cities.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…

Investors bet on new-age food startups; ride-hailing apps & driver incentives

New-age food startups seem to have become appetising enough for investors to pump in money. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ All about Indic LLM Hanooman AI■ IT majors’ returns to investors■ Byju’s to vacate several offices Hunger games: Investors at table with appetite for food startups Pizzas, bubble teas, burgers. No, we aren’t talking about a restaurant menu here. New-age food startups selling these products have caught the attention of institutional and angel investors. What’s on…

Scapesmania Investors Onboard BlockDAG Train

ScapesMania’s presale may be over, but a new opportunity is surging: BlockDAG’s presale. With over $3.2 million raised already, BlockDAG is setting records and shaping up to be the biggest presale event in years. This innovative project has a stable ecosystem, a strong community focus, and a hybrid approach combining security and scalability. With 45 batches and multiple earning options, this presale is accessible to everyone. BlockDAG isn’t just a coin; it’s a revolution, so Scapesmania investors are crazed…

Dogecoin Hits 10 Cents Amid 600% Sentiment Surge; Chainlink AI Competitor Wins Over Big Investors

Interest in the original meme coin, Dogecoin (DOGE), is high as its market value surges due to social sentiment. The token crossed the $0.10 threshold shortly after reclaiming its position among the top ten cryptocurrencies by market capitalization. On another note, investor appeal for Chainlink’s (LINK) AI competitor, InQubeta (QUBE), is rising. InQubeta is attracting big A-list investors with a platform that revolutionizes investments for everyone without the need for substantial financial budgets. The…