DUBAI, United Arab Emirates, Nov. 28 (Korea Bizwire) — GreenDome Investments announced today that it has closed on the acquisition of Elite Co. from Prama Holdings. Elite Co. is a leading fully integrated land freight and courier solutions providers in the Middle East. The transaction represents one of the region’s largest acquisitions in the logistics [...]
NEW YORK and HOUSTON, Nov. 22 (Korea Bizwire) — Apollo (NYSE: APO) and EnCap Energy Transition Fund I (“EETFI”) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have agreed to acquire a 50% stake in Broad Reach Power LLC (“Broad Reach”), a leading utility-scale energy storage and renewable energy platform in the [...]
CALGARY, Alberta, Nov. 15 (Korea Bizwire) — Zenith Capital Corp. (“Zenith” or the “Company”) announced today that Zenith Epigenetics Ltd. (“Zenith Epigenetics”), a wholly-owned subsidiary of Zenith Capital, has entered into a licensing agreement with Newsoara Biopharma Co., Ltd. (“Newsoara”) for Zenith Epigenetics’ lead compound, ZEN-3694, in Asia excluding Middle East and North Africa (“MENA”), [...]
NEW YORK, Nov. 9 (Korea Bizwire) — Nasdaq has today announced that it will collect and make its private fund manager diversity, equity, and inclusion (DEI) data available for investors free of charge via the Nasdaq eVestment platform in an effort to improve transparency and disclosure standardization across the industry. The data will be available starting on February [...]
MUMBAI, India, Nov. 8 (Korea Bizwire) — Kotak Mahindra Bank Ltd. (KMBL) today announced a new home loan interest rate of 6.55% p.a., which is valid from 9 November to 10 December, 2021, (both days inclusive), as it continues to set the pace in offering homebuyers one of the lowest interest rates in the market. Earlier in [...]
NEW YORK, Oct. 26 (Korea Bizwire) — A new partnership is riding to the rescue of would-be motorbike owners who have been unable to purchase a bike in the past due to poor credit ratings. Micro Insurance Company (MIC), which specializes in offering custom insurance solutions, has teamed up with CrediOrbe to create an innovative [...]
CAMBRIDGE, Mass., Oct. 26 (Korea Bizwire) – Devo Technology, the cloud-native logging and security analytics company, today announced $250 million in Series E funding at a valuation of $1.5 billion. TCV led the round, along with new investors General Atlantic and Eurazeo and existing investors Insight Partners, Georgian, Bessemer Venture Partners, and Kibo Ventures. The round brings the total capital raised to more than $400 million. The [...]
NEW YORK, Oct. 25 (Korea Bizwire) — Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Genians Inc. (Kosdaq: A263860) Click Here to view full Argus Equity Research Report. COMPANY HIGHLIGHTS: Excerpts (as conveyed by Argus Analyst Steve Silver) include: Genians: Strong prospects for information security provider A leader in the Korean [...]
SYDNEY, Australia, Oct. 19 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, and Accenture (NYSE:ACN), a global consulting firm with leading capabilities in cloud and digital transformations, today announced they have helped Australian-based SME challenger bank Judo Bank implement a new banking platform [...]
NEW YORK, Oct. 13 (Korea Bizwire) — MicroEnsure (part of Micro Insurance Company), a global provider of digital insurance products, and Jazz Business, one of the largest B2B solutions provider in the nation, have entered into an industry-first strategic partnership, to provide tailored insurance products at specialized rates to Jazz’s corporate customers. Under the partnership, [...]