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Visit to Qatar

Beneblog: Technology Meets Society

after my first visit to the country of Qatar. The government of Qatar hosted the conference, and underwrote travel and accommodation. One of their recommendations was that there be a venture capital fund for investing in education. And, I had promised Abbas to connect him to the Mada Center in Qatar.

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Abu Dhabi sovereign-wealth fund invests nearly $600M in Reliance Retail at $100B valuation

TechCrunch

The investment follows KKR and Qatar Investment Authority together investing $1.7 Abu Dhabi sovereign-wealth fund’s investment will fetch it a […] Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion.

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Quick-commerce startup YallaMarket eyes Saudi Arabia and Qatar next year after U.A.E expansion

TechCrunch

YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. million it has raised in the pre-seed round to fund expansion within the U.A.E.

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Vertical farming startup Infarm raises $200M for international expansion

TechCrunch

The round, led by the Qatar Investment Authority (QIA), follows last year’s $170 million raise. It pushes the company’s total funding to north of $600 million, while placing its valuation “well” north of $1 bililion, earning its place as Europe’s first vertical farming unicorn. Canada, Japan and additional parts of Europe.

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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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Flipkart chief warns startups of turmoil and funding crunch for another 12 to 18 months

TechCrunch

The funding winter for the startup ecosystem may continue for another 12 to 18 months and the industry might have to grapple with a “lot of turmoil and volatility,” e-commerce giant Flipkart chief executive Kalyan Krishnamurthy has warned executives. This is going to be tough next year.

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

TechCrunch

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. . Trendyol , an e-commerce platform based in Turkey, has raised $1.5

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