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NBA to target African smartphone owners, as Obama and others become investors

The National Basketball Association’s plan to tap African fans and new players in the world’s most youthful continent spurred billionaire Prem Watsa-backed private equity firm to invest in the franchise at a valuation of $1 billion. ....

South Sudan , Free State , South Africa , United Kingdom , Adam Silver , Dikembe Mutombo , Forest Whitaker , Barack Obama , Luol Deng , Grant Hill , Idi Amin , Vivo Energy , Basketball League Africa , National Basketball Association , Prem Watsa Backed , Fairfax Partners , Helios Towers , Chief Executive Officer Tope Lawani , Last King , Democratic Republic , Commissioner Adam Silver ,

NBA pushes to tap Africa's young, new smartphone users

More than 40% of the region’s population is aged 15 and below. ....

South Sudan , Free State , South Africa , United Kingdom , Adam Silver , Dikembe Mutombo , Forest Whitaker , Barack Obama , Luol Deng , Grant Hill , Idi Amin , Vivo Energy , Basketball League Africa , Helios Towers Plc , National Basketball Association , National Basketball , Prem Watsa Backed , Fairfax Partners , Tope Lawani , Last King , Democratic Republic , Commissioner Adam Silver ,

NBA's Africa Push Is to Tap New Smartphone Users in Youth Market

(Bloomberg) The National Basketball Association Inc.’s plan to tap African fans and new players in the world’s most youthful continent spurred billionaire Prem Watsa-backed private equity firm to invest in the franchise at a valuation of $1 billion.

Helios Fairfax Partners Corp. ....

South Sudan , United Kingdom , Adam Silver , Dikembe Mutombo , Forest Whitaker , Barack Obama , Luol Deng , Grant Hill , Idi Amin , National Basketball Association Inc , Basketball League Africa , Vivo Energy Plc , Helios Towers Plc , Helios Fairfax Partners Corp , National Basketball Association , Prem Watsa Backed , Fairfax Partners , Vivo Energy , Chief Executive Officer Tope Lawani , Last King , Democratic Republic , Commissioner Adam Silver ,

Digit Insurance: Insurtech startup Digit eyes $3.5 billion valuation with new funding

Synopsis
Digit’s fundraising comes at a time when rival Acko is said to be in advanced talks to raise $200 million to become a unicorn, thus underscoring the heightened investor interest in India’s insurtech space.
ETtech
Digit’s funding round one of the largest in India’s general insurance industry will propel the startup into the ranks of the most valued ‘insurtech’ ventures in South Asia. (Illustration: Rahul Awasthi/ETtech)
Mumbai: Canadian billionaire Prem Watsa-backed general insurance startup Digit is raising $200 million from new investors Sequoia Capital India and IIFL Alternate Asset Managers as well as existing investor Faering Capital and others in a round expected to double its valuation to $3.5 billion in less than six months, a top executive said. ....

Kamesh Goyal , Virat Kohli , Insurance Regulatory Authority Of India , Prem Watsa Backed , Sequoia Capital India , Asset Managers , Faering Capital , Insurance Regulatory Authority , கமேஷ் கோயல் , விராட் கோஹ்லி , காப்பீடு ஒழுங்குமுறை அதிகாரம் ஆஃப் இந்தியா , சீக்வோயா மூலதனம் இந்தியா , சொத்து மேலாளர்கள் , காப்பீடு ஒழுங்குமுறை அதிகாரம் ,

CSB Bank strengthens senior leadership aims for 30% growth

CSB Bank strengthens senior leadership, aims for 30% growth
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Synopsis
While continuing to bank on gold loans as primary growth driver, the bank is set to target opportunities in the SME, two wheeler and secured loan segments.
Agencies
Canadian billionaire Prem Watsa-backed
CSB Bank is targeting a 30% growth on its Rs 13,000-crore loan book. The bank is reworking a retail strategy after industry veteran Pralay Mondal joined the leadership team at the end of last year.
While continuing to bank on gold loans as primary growth driver, the bank is set to target opportunities in the SME, two wheeler and secured loan segments. ....

Tamil Nadu , Pralay Mondal , Watsa Fairfax Holdings , Prem Watsa Backed , Andhra Pradesh , Western India , Fairfax Holdings , Gold Loans , Pcsb Bank , Retail Strategy , Prem Watsa , தமிழ் நாடு , பிராளாய் மோண்டல் , வாட்சா ஃபேர்ஃபாக்ஸ் ஹோல்டிங்ஸ் , ஆந்திரா பிரதேஷ் , மேற்கு இந்தியா , ஃபேர்ஃபாக்ஸ் ஹோல்டிங்ஸ் , தங்கம் கடன்கள் , கிசுப்பி வங்கி , சில்லறை மூலோபாயம் , பிரேம் வாட்சா ,