ShapeShift a cryptocurrency exchange platform that converts between blockchain-based tokens, has raised $10.4 million in a series A round led by Earlybird Venture Capital, with participation from Lakestar, FundersClub, Blockchain Capital, Pantera Capital, and Access Venture Partners. Founded out of Switzerland in 2014, ShapeShift is a simple concept — it allows any person or non-person…
Indiabulls Ventures is soaring high in the early hours of trade on BSE, as the board of the company has approved the preferential issue of upto 3,38,000 convertible warrants to Innus Properties and Inuus Developers, promoter group entities. The warrants are convertible into equivalent number of equity shares of Rs 2 each at an exercise…
The showstopper on the power-packed inaugural evening of The Economic Times Global Business Summit was a mystic who’s popular for his pragmatic views on modern-day problems. An entire hall of corporate honchos listened in rapt attention as Sadhguru Jaggi Vasudev doled out advice on the role corporates must take on. In his 30 -minute address,…
pi Ventures, a venture capital firm which focuses on Artificial Intelligence (AI) , Machine Learning and IoT investments, has received funding from Accel Partners for its $30-40 million fund. This comes weeks after the firm raised $13 million funding. However, the amount invested has not been disclosed. Earlier this month, pi Ventures secured $13 million…
NEW DELHI: Global retail giant Walmart is looking to locate nearly half of its 50 stores in the country in Uttar Pradesh and Uttarakhand as it seeks to ramp up operations in the cash-and-carry segment, while also eyeing food retail if the government eases the norms. Sources told TOI that Walmart, which currently has…
Economists are betting that India has seen the back of the impact of its unprecedented cash ban, prompting foreigners to pour in investment that’s crucial to help bridge a widening current account deficit. Deutsche Bank AG estimates that foreign direct investment touched $37.4 billion April-January, on track to exceed the previous fiscal year’s about $45…
SEOUL, South Korea — South Korean prosecutors said Monday that they were seeking to arrest former President Park Geun-hye on charges of bribery and abuse of power and other criminal charges. Whether they can arrest Ms. Park, who was removed from office in a historic court ruling this month, will depend on whether the Seoul…
Panaji: Beer and petrol will soon cost more in Goa, even as chief minister Manohar Parrikar in his Budget presented on Friday, promised to make the state garbage-free by 2020, while creating 4,000 jobs annually in the IT sector and linking Aadhar card to all social welfare schemes. Parrikar, who presented a Rs 202.48 crore…
The U.K. has conveyed to India that its request for extradition of industrialist Vijay Mallya, who has been declared a proclaimed offender, has been certified by the Secretary of State. “The UK Home department on February 21 conveyed that the request of India for extradition of Mallya has been certified by the secretary of state…
US President Donald Trump warned House Republican lawmakers that he will leave Obamacare in place and move on to tax reform if they do not get behind new healthcare legislation and support it in a vote on Friday. It was not clear late on Thursday evening that Trump and the Republican leaders who crafted the…