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Payments technology firm Juspay acquires Y Combinator-backed LotusPay

Debt-ceiling apocalypse could offer opportunities as well, observers say

Future Fund names chief economist | Asia Asset Management

Johnston will focus on providing strategic advice, analysis and insights on relevant global macroeconomic issues to Future Fund.

UAE s Vy Capital participates in India-based Urban Company s $188 million funding round

UAE s Vy Capital participates in India-based Urban Company s $188 million funding round On-demand home services marketplace Urban Company has raised $188 million (Rs 1,410 crore) in a growth funding round led by Prosus, the Euronext listed entity that holds South African conglomerate Naspers’ international internet assets. Dubai-based Vy Capital, alternative investments firms Steadview Capital and Tiger Global Management, DF International Partners, and Boston-based Wellington Management participated in the round, regulatory filings from Urban Company parent UrbanClap Technologies showed. Prosus committed $62.2 million to the round. Vy Capital put in $30 million, Steadview contributed $10.3 million, Tiger Global invested 14.8 million, Wellington put in $33.3 million, and DF International infused a total of $37 million through its two funds. 

Couple sells Palm Beach home, upsizes to another in same part of town

Focklers sell 207 El Dorado Lane to Shillings and buy 217 La Puerta Way from Easts. Darrell Hofheinz Palm Beach Daily News An investments executive and his wife have a new North End house after selling a smaller one in the same area of Palm Beach. Jack E. and Cheryl Fockler paid a recorded $6.865 million this month for their six-bedroom house at 271 La Puerta Way. With ties to Richmond, Virginia, Jack Fockler is a former senior adviser at Royce Investment Partners of New York, the firm founded by seasonal Palm Beacher Chuck Royce. With 5,931 total square feet, the British Colonial-style house built in 2007 had been on the market since early February and was listed at $7.75 million when it sold. The deed was recorded Dec. 9.

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