Tag Archives: Weekly

[Weekly Funding Roundup] Equity falls 88 pc as startups raise only $75.7M

This week, equity funding receded to just $75.7 million, 88 percent less than last week’s $624.6 million. This week’s funding was spread across just 14 deals, 11 of which were early-stage. The reason for a poor show was the absence of mega rounds and late-stage deals. Weekly funding roundup Early-stage deals Mumbai-based startup Atomberg Technologies raised $10 million as a part ... Read More »

[Weekly funding roundup] Investments in startups down 76pc this week as India prepared for election results

Startup funding activity saw a significant slowdown in the fourth week of May ahead of the announcement of results for the Lok Sabha polls. Votes were counted on Thursday, and the incumbent Bhartiya Janata Party-led government returned to power with a strong majority. The week to Friday saw only $45.6 million raised across nine deals, down 76 percent from the previous week, when ... Read More »

Idris Elba Shows Us Some Skin on the Cover of Entertainment Weekly

Don’t mind if we stare. Idris Elba, 45, unbuttoned his shirt and bared his body for the cover of Entertainment Weekly’s Oct. 13 issue. Besides exposing his chest, the Golden Globe-winning actor exposed what it’s like to be one of Hollywood’s leading men. In the article, he talked about directing his first film Yardie, his rise to fame and acting in three new films: Thor: ... Read More »

Sensex, Nifty Set for Best Weekly Gain Since 2011

Mumbai: Indian stock markets took a breather on Friday after four sessions of gains with shares swinging both ways, but the indexes were still poised for their best weekly gain in more than four years after the government unveiled a fiscally prudent federal budget. Investor sentiment has improved after the government stuck to its fiscal deficit target for the next ... Read More »

Sensex, Nifty Post Best Weekly Gains in Over 4 Years

Indian stock markets edged higher on Friday, posting their best weekly gain in more than four years, tracking gains in Asian markets and on improved risk appetite after the government unveiled a fiscally prudent budget earlier this week. The benchmark BSE Sensex rose 0.16 per cent to close at 24,646.48, while the broader Nifty gained 0.13 per cent to end ... Read More »