Milan-based tech company Bending Spoons saw its shares rally 34% to $51.10 on Wednesday after Warren Buffett’s Berkshire Hathaway injected an additional $330 million into the company. The move represents a major vote of confidence from Berkshire as it expands its technology footprint under CEO Greg Abel. 📌 Key Numbers & Deal Terms: • $330...
Global investment in space startups reached a record $20.8 billion in Q3 2026, nearly tripling Q2 levels ($7.4B) and more than doubling the sector’s prior peak, according to a report by Seraphim Space. Capital deployment was heavily concentrated in launch providers, satellite manufacturing, and orbital infrastructure. 📌 Key Figures & Market Dynamics: • $20.8 Billion...
The Securities and Exchange Board of India (SEBI) has issued a consultation paper proposing tighter listing rules for Small and Medium Enterprises (SMEs) to improve market quality while expanding participation for Qualified Institutional Buyers (QIBs). 📌 Key Proposals & Regulatory Reforms: • Market Cap-Based Board Allocation: – Up to ₹10 Billion ($105.1M): Must list on...
Billionaire Mukesh Ambani’s Jio Platforms—the telecom, cloud, and digital services arm of Reliance Industries—is set to launch India’s largest-ever Initial Public Offering (IPO), aiming to raise up to $3.2 billion and targeting an equity valuation of up to $108.3 billion. 📌 Key Facts & Financial Highlights: • $15.45 Billion Revenue (FY25): Operational revenue grew 14.6%...
The Knot Worldwide—backed by private equity firm Permira—has agreed to acquire its key rival Zola, uniting two of the largest digital platforms in the global wedding-planning industry. 📌 Key Highlights & Corporate Expansion: • 14th Brand Portfolio Addition: Zola becomes the 14th brand under The Knot Worldwide’s global umbrella, operating alongside existing platforms while retaining...
Japan will invest up to $21 billion to fund two new semiconductor manufacturing facilities in New York state, operated by GlobalFoundries (GFS) and jointly owned by the US government and Japanese interests. The move marks a major strategic expansion under last year’s $550B bilateral US-Japan investment agreement. 📌 Key Numbers & Deal Structure: • $21...