Publishing date: May 19, 2021 • 1 day ago • 4 minute read •
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(Bloomberg) Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans.
But Waymo must first quell concerns about a recent string of departures that have raised questions about its strategy and the size of its lead in the field.
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Tracy Withers, Bloomberg News CHOFU, JAPAN - NOVEMBER 01: New Zealand player Joe Moody breaks away to score the opening try during the Rugby World Cup 2019 Bronze Final match between New Zealand and Wales at Tokyo Stadiumon November 01, 2019 in Chofu, Tokyo, Japan. (Photo by Stu Forster/Getty Images) , Photographer: Stu Forster/Getty Images AsiaPac
(Bloomberg) New Zealand Rugbyâs ambitious plans to sell a slice of revenue to a private equity investor could be stymied by the nationâs leading players, who fear control of the iconic All Blacks brand may be lost.
Silver Lake Management LLC has pledged to invest NZ$387 million ($278 million) into the game by taking a 12.5% stake in a new entity that will own the commercial revenue from the All Blacks brand. Last week, the provincial unions that govern the game gave New Zealand Rugby officials clearance to finalize the Silver Lake deal. But it still needs the consent of th
The Bangalore-based startup was founded by Byju Raveendran. (File photo)
NEW DELHI: Byju’s, India’s online education pioneer, is raising about $150 million from UBS Group AG at a valuation of about $16.5 billion, multiple people familiar with the deal said. The funding will make it India’s most-valuable startup.
An entity that is part of UBS Asset Management is making the investment. It is in discussions to invest additional money, which would take its total investment in Byju’s to about $300 million, the people said, who asked not be identified as the negotiations are private. The startup could rope in another backer to take the fresh funding to $400 million, one of the people said.
The startup could rope in another backer to take the fresh funding to $400 million
Byju s, India s online education pioneer, is raising about $150 million from UBS Group AG at a valuation of about $16.5 billion, multiple people familiar with the deal said. The funding will make it India s most-valuable startup. An entity that is part of UBS Asset Management is making the investment. It is in discussions to invest additional money, which would take its total investment in Byju s to about $300 million, the people said, who asked not be identified as the negotiations are private.
The startup could rope in another backer to take the fresh funding to $400 million, one of the people said.
Byju s valuation to surge past Paytm after $150 million funding from UBS
The Bengaluru-based startup will raise about $150 million from UBS Group; UBS investment in Byju s is critical as it could take the unicorn s valuation past digital payments startup Paytm
BusinessToday.In | April 29, 2021 | Updated 12:13 IST
Byju s has added many big names to its list of investors
After making it to the TIME Magazine s first-ever list of 100 most influential companies, the ed-tech startup Byju s is set to become India s most valuable startup. The Bengaluru-based startup will raise about $150 million from UBS Group. The investment will be made by an entity that is a part of the UBS Asset Management.