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Indian edtech giant Byju’s raises $250 million in fresh funding

TechCrunch

Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs. It did not identify other backers.

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Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation

TechCrunch

Trendyol , an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. .

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Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

billion in venture funding , filed its S-1 Monday. Prior to the IPO, SoftBank’s Vision Fund holds slightly more than a one-third stake in the company. Other investors include the Canadian Pension Plan Investment Board, Fidelity, Wellington Management, and the Qatar Investment Authority, according to Crunchbase.

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Fanatics reveals NFL was biggest backer in $1.5B round announced last month at $27B valuation

TechCrunch

Fanatics added that other major investors in the round included Major League Baseball (MLB) and its owners, the Major League Baseball Players Association (MLBPA), the NFL Players Association (NFLPA), the National Hockey League, Brooklyn Nets owner Joe Tsai via his fund Blue Pool Capital and the Qatar Investment Authority.

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Impact raises $150M at a $1.5B valuation as affiliate and other marketing partnerships come into their own

TechCrunch

And to underscore that, today a company that’s built a marketplace to help connect people and companies in that larger set of relationships is announcing a big round of funding. Qatar Investment Authority (QIA) is leading this round, with Providence Public also participating. billion valuation. billion valuation.

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Nigeria’s Helium Health acquires Qatar’s Meddy in rare Africa-GCC deal

TechCrunch

Nigeria-based health tech startup Helium Health has acquired Meddy , a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. However , most platforms in the GCC have use cases that are more vertical than horizontal. Helium Health.

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Benetech: President's Update

Beneblog: Technology Meets Society

Highlights of this Letter: SocialCoding4Good CityOptions Read2Go and Route 66 Literacy Selected Program Updates Human rights: Legal victory in Guatemala, PBS NewsHour stories Literacy: Major milestones for Bookshare at home and abroad SocialCoding4Good Just funded by the John S. and James L.

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