Tag Archives: covid-19

3 views on the future of geographic-focused funds

For lots of financiers, the coronavirus has actually successfully taken location out of the formula when it concerns vetting brand-new chances. While this vibrant opens start-ups to more financial investment chances, equity capital companies that concentrate on a particular area remain in a thornier area. The competitive benefit they as soon as had when raising […]

Andela CEO confirms staff cuts as layoffs hit African tech

Africa-focused tech skill accelerator Andela has release 135 staff members, CEO Jeremy Johnson validated to TechCrunch. Senior personnel at the business —– with workplaces in New York and 5 African nations —– will likewise take wage cuts of 10% to 30%. The settlement and personnel decreases are an outcome of the financial effect of the […]

Silver Lake to invest $747M in India’s Jio Platforms

Weeks after Facebook invested $5.7 billion in Jio Platforms , India’s leading telecom operator, personal equity company Silver Lake is doing the same — — and wants to pay a premium for it. Silver Lake revealed on Monday it will be investing 56.56 billion Indian rupees (about $746.8 million) in Jio Platforms for about 1.15% […]

CcHub funds tech to curb COVID-19 on concerns of an Africa outbreak

Africa’s biggest development incubator, CcHub , will provide financing and engineering assistance to tech jobs focused on suppressing COVID-19 and its financial and social effect. The Lagos and Nairobi based company published an open application on its site today, CcHub CEO Bosun Tijani informed TechCrunch on a call. CcHub will supply $5000 to $100,000 financing […]