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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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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

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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InnovaFeed nabs $250M to extend its vertical insect farms to the US

TechCrunch

InnovaFeed , a vertical insect farm operator that’s rearing insects for animal and plant nutrition, has raised $250 million in a series D round of funding led by Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund.

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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. billion.

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