Wednesday, September 29, 2021

Bangalore-based Vedantu, which offers an online tutoring service, raises $100M led by ABC World Asia at a $1B valuation, up from $600M last year (The Economic Times)

The Economic Times:
Bangalore-based Vedantu, which offers an online tutoring service, raises $100M led by ABC World Asia at a $1B valuation, up from $600M last year  —  Bengaluru: Edtech startup Vedantu has raised $100 million in a new funding round led by Temasek-backed impact investing fund ABC World Asia.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...