Posts filtered by tags: KKR[x]


Artlist raises $48M led by KKR for its royalty-free music, video and sound effect library

Like it or loathe it, video has proven to be the most engaging of all mediums across the web, and today a company out of Israel called Artlist — which provides royalty-free libraries of music, sound effects and even video itself to enhance video content — is announcing a significant growth round of $48 million, both to continue its expansion, and to build better technology to help navigate users to the perfect clip. The funding is being led by KKR, with participation also from Elephant Partne...
Tags: TC, Video, Media, Boston, Israel, Disney, Tech, Elephant, Artificial Intelligence, Netflix, Libraries, KKR, Mercedes Benz, Belsky, Patrick Devine, Artlist

Europe Hotel Transactions Bulletin - Week Ending 26 June 2020

KKR buys Roompot for approximately $1.1 billion, Henderson Park and Hines acquire Greek Portfolio, Renzo Rosso buys the Hotel Ancora in Cortina, Italy.
Tags: Travel, Europe, KKR, Hines, Renzo Rosso

40 insiders reveal the meteoric rise of Silver Lake's Egon Durban, the tech-focused PE firm's No. 1 dealmaker who strong-armed his way to the top and is about to get $18 billion more to invest

Egon Durban became co-CEO of Silver Lake Partners in December, giving him more control of the tech-focused private-equity firm he joined as a young banker in 1999. As Durban rose through the firm, he pushed Silver Lake to expand its investment targets outside of tech and into live events, travel, and content, industries that are particularly challenged by the coronavirus pandemic.  Business Insider spoke to more than 40 people who have or currently work with Durban, or across from him on deals...
Tags: New York, Hollywood, Texas, London, Microsoft, Washington, Ebay, Amc, US, San Francisco, Trends, Harvard, Canada, United States, Manchester City, Hawaii

A reading guide to Reliance Jio, the most important tech company in the world

Over the past few months, COVID-19 has brought much of the fundraising community to a standstill. However, amidst it all India’s hyper0growth telco Reliance Jio Platforms has put its fundraising efforts into full gear. Over the past three months, Jio has raised over $15.5 billion from a cohort of investors that include prominent financial institutions like KKR and Silver Lake Partners, massive sovereign wealth funds like Saudi Arabia’s Public Investment Fund, and some of the biggest names in ...
Tags: Fundings & Exits, Facebook, Asia, Saudi Arabia, Finance, India, Funding, Tech, Venture Capital, Telecom, Private Equity, KKR, Reliance Jio, Jio, Silver Lake Partners, Reliance Retail

Reliance Jio Platforms says $15.2 billion fundraise is good for now

If your venture fund was not one of the ten investors that backed Reliance Jio Platforms in recent weeks, you won’t be able to plough cash into the fast-growing top Indian telecom network for at least a few quarters now as it is no longer scouting for fresh deals. Reliance Jio Platforms, which has raised $15.2 billion in the past nine weeks, said today that Saudi Arabia’s PIF $1.5 billion investment on Thursday marked the “end of Jio Platforms’ current phase of induction of financial partners...
Tags: Facebook, Asia, Saudi Arabia, India, Funding, Tech, Bloomberg, Getty Images, KKR, General Atlantic, Silver Lake, Reliance, Reliance Jio, Reliance Industries Ltd, Reliance Industries, Mumbai India

How Reliance Jio Platforms became India’s biggest telecom network

It’s raised $5.7 billion from Facebook. It’s taken $1.5 billion from KKR, another $1.5 billion from Vista Equity Partners, $1.5 billion from Saudi Arabia’s Public Investment Fund, $1.35 billion from Silver Lake, $1.2 billion from Mubadala, $870 million from General Atlantic, $750 million from Abu Dhabi Investment Authority, $600 million from TPG, and $250 million from L Catterton. And it’s done all that in just nine weeks. India’s Reliance Jio Platforms is the world’s most ambitious tech company...
Tags: Apple, Google, Amazon, Mobile, Facebook, Apps, Mark Zuckerberg, Asia, Media, Microsoft, Saudi Arabia, India, Tech, Xiaomi, Vodafone, Venture Capital

Saudi Public Investment Fund to invest ₹11,367 crore in Jio Platforms

The Public Investment Fund, Saudi Arabia’s sovereign fund, will invest ₹11,367 crore (~US$1.5 billion) in Jio Platforms, Reliance Jio’s parent holding, for a 2.32% equity stake. Reliance announced the investment on Thursday. This is Jio Platforms’s third investment from the Middle East, after investments from Abu Dhabi Investment Authority and Mubadala. It is the second largest investment the company has received after Facebook’s initial investment of ₹43,574 crore (US$5.7 billion) — KKR and Vis...
Tags: Travel, Facebook, News, Saudi Arabia, Investments, India, Funding, Vista, Middle East, KKR, General Atlantic, Silver Lake, Tpg Capital, Reliance, Jio, Catterton

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Tuesday. Amazon CEO Jeff Bezos is reportedly willing to testify before Congress after the company initially resisted making him available to address antitrust concerns. Lawmakers have threatened to subpoena Bezos, forcing him to appear before the House Judiciary Committee. GitHub, the world's largest site for hosting open-source software, is working to replace the terms "master" and "slave" in code. In programming speak, "master" refers...

Another coordinated spyware attack on Bhima Koregaon activists uncovered

At least nine Indian human rights activists, eight of whom have called for the release of eleven activists arrested in the Bhima Koregaon case, were targeted in a coordinated spyware campaign, according to research released by Amnesty International and University of Toronto-based Citizen Lab on June 15. The victims were sent emails with malicious links that, on being clicked, deployed NetWire, a commercially manufactured Windows spyware that gives remote access to the device, allowing the intrud...
Tags: Travel, Europe, UK, News, India, Spyware, Surveillance, United States, Amnesty International, Pegasus, Delhi, KKR, Bahamas, Ministry of Home Affairs, Citizen Lab, NSO Group

KKR-led consortium buys 6% stake in Vietnam's Vinhomes for $650 million

A consortium led by KKR has invested $650 million in Vietnam property firm Vinhomes, Vinhomes' parent Vingroup said on Tuesday.
Tags: Money, businessNews, Vietnam, KKR, Vingroup, Vinhomes Vinhomes

This Treasury Official Is Running the Bailout. It’s Been Great for His Family.

This story first appeared at ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin have become the public faces of the $3 trillion federal coronavirus bailout. Behind the scenes, however, the Treasury’s responsibilities have fallen largely to the 42-year-old deputy secretary, Justin Muzinich. A major beneficiary o...
Tags: Europe, New York, Hollywood, London, News, Obama, Congress, Washington, Senate, White House, Singapore, New York City, Caesars Entertainment, Bloomberg, Gop, Treasury

Obscure Delhi based cyber firm spied on politicians, investors worldwide Delhi-based BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the United States including private equity giant KKR and short seller Muddy Waters. “This is one of the largest spy-for-hire operations ever exposed,” said Citizen Lab, an Internet watchdog group ...
Tags: Europe, Business, News, United States, Delhi, KKR, Bahamas, BellTroX InfoTech Services, Obscure Delhi

KKR Completes OverDrive Purchase - Publishers Weekly

KKR Completes OverDrive Purchase   Publishers Weekly
Tags: Seo, KKR

Obscure Indian Cyber Firm Spied On Politicians, Investors Worldwide

An anonymous reader quotes a report from Reuters: A little-known Indian IT firm offered its hacking services to help clients spy on more than 10,000 email accounts over a period of seven years. New Delhi-based BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the United States including private equity giant KKR and short seller Muddy Waters, according to three former employees, outside researchers, and a trail of onli...
Tags: Europe, Mexico, France, Tech, United States, South Africa, New Delhi, KKR, Bahamas, Reuters, Citizen Lab, BellTroX InfoTech Services, John Scott Railton Reuters

Hacking firm in India spied on 10K+ email accounts over 7 years: Report

• One of the largest spy-for-hire operations ever exposed An Indian cyber firm that few people have ever heard of, BellTroX InfoTech Services, is reported to have been serving as an international hacking shop for surveillance jobs, helping clients spy on at least 10,000 email accounts belonging to politicians, investors, journalists and activists around the world. The news comes from this report published Monday night by Citizen Lab: Dark Basin Uncovering a Massive Hack-For-Hire Operation By ...
Tags: Security, Europe, Post, Technology, News, India, Tech News, United States, Hacking, New York Times, Manhattan, Hackers, New Delhi, KKR, Bahamas, Reuters

A lot can happen over coffee: politics, business, big money, tax terrorism, scandal, and a happy ending

The juiciest story today is the news that the Karnataka Congress chief D.K. Shiva Kumar’s daughter is to marry the son of the founder of Cafe Coffee Day, the late V.G. Siddhartha. Siddhartha, the son-in-law of former Karnataka chief minister S.M. Krishna, you will remember, killed himself by jumping into a river in Mangalore, in July last year. At least two Bangalore newspapers confirm the rumour of the alliance: The Times of India and Kannada Prabha. And in ToI, Shiva Kumar goes on record an...
Tags: Travel, Congress, Singapore, BJP, Bloomberg, Parliament, Delhi, KKR, Bangalore, Gujarat, Infosys, Karnataka, Siddhartha, Times of India, Krishna, NDA

Asia’s Richest Man Nears Deal With Top Mideast Sovereign Funds - Bloomberg

Asia’s Richest Man Nears Deal With Top Mideast Sovereign Funds - Bloomberg:Three of the largest Middle Eastern sovereign wealth funds are in advanced talks to invest in Reliance Industries Ltd.’s digital arm, people familiar with the matter said, potentially adding to the roster of marquee investors that have piled into the business.Abu Dhabi’s Mubadala Investment Co. is nearing a deal to invest about $1 billion into Jio Platforms Ltd. and an announcement could come as soon as this week, said th...
Tags: Travel, Asia, Saudi Arabia, India, Bloomberg, Abu Dhabi, KKR, Reliance, Reliance Industries Ltd, Facebook Inc, Jio, Mukesh Ambani, Rupert Neil Bumfrey, Abu Dhabi Investment Authority, Mubadala Investment Co, Jio Platforms

India’s richest man built a telecom operator everyone wants a piece of

As investors’ appetites sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity firms. The major deals for Reliance Jo Platforms have sparked a sudden interest among analysts, executives and readers at a time when many are skeptical of similar big check sizes that some investors wrote to several young startups, many of which are today struggling to make sense of their finances. Prominen...
Tags: Facebook, Ecommerce, Apps, Asia, Enterprise, Media, India, Funding, Tech, Streaming, Private Equity, KKR, Reliance Industries, Mukesh Ambani, Ambani, Market Analysis

Mukesh Ambani lands fresh cash from KKR. He's raised $10 billion for Jio in 4 weeks

Jio Platforms is on a fundraising spree, announcing on Friday that it has secured 113.7 billion rupees ($1.5 billion) from investment firm KKR on Friday.
Tags: Cnn, KKR, Jio, Mukesh Ambani

KKR joins Reliance bandwagon, invests ₹11,367 crore in Jio Platforms

New York based investment firm KKR & Co. Inc. announced a ₹11,367 crore (~$1.5 billion) investment in Jio Platforms, the holding company for Reliance Jio, on May 21. This gives the investment firm a 2.32% equity stake in Jio, and is its largest investment in Asia. The release says that Jio has accumulated ₹78,562 crore (~$10 […] ...
Tags: Travel, Asia, New York, News, KKR, Reliance, Reliance Jio, Jio, KKR & Co. Inc, Jio Platforms

Jio Platforms lands fresh cash from KKR, bringing fundraising spree to $10 billion

Jio Platforms is on a fundraising spree, announcing on Friday that it has secured 113.7 billion rupees ($1.5 billion) from investment firm KKR on Friday.
Tags: Cnn, KKR

KKR to invest $1.5 billion in Reliance Industries' digital unit, its biggest deal in Asia

KKR & Co Inc will invest $1.5 billion in Reliance Industries' Jio Platforms, its biggest investment in Asia to date and bringing the amount of new funds raised by the Indian digital company this month to a massive $10 billion.
Tags: Asia, Money, businessNews, KKR, Reliance Industries, KKR Co Inc, Reliance Industries Jio Platforms

KKR to invest ₹ 11,367 crore in Jio Platforms for 2.32% equity

[…] More The post KKR to invest ₹ 11,367 crore in Jio Platforms for 2.32% equity appeared first on NextBigWhat.
Tags: Business, KKR, Digital India

KKR to invest $1.5 billion in Reliance Industries' digital unit, biggest deal in Asia

India's Reliance Industries said KKR will invest $1.5 billion in Jio Platforms, marking the fifth fundraising deal in a month by its digital unit and bringing the total amount of new investment to $10 billion.
Tags: Asia, Money, India, businessNews, KKR, Reliance Industries, Jio Platforms

KKR to invest $1.5 billion in India’s Reliance Jio Platforms

Mukesh Ambani’s Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major investment the top Indian telecom operator has secured in just as many weeks. On Friday, KKR announced it will invest $1.5 billion in the top Indian telecom operator, a subsidiary of India’s most valued firm (Reliance Industries), joining fellow American investors Facebook, Silver Lake, Vista Equity Partners, and General Atlantic that have made similar bets on the Ind...
Tags: Facebook, Apps, Asia, India, Funding, Tech, Companies, Atlantic, United States, Asia Pacific, KKR, General Atlantic, Silver Lake, Shah Rukh Khan, Reliance, Reliance Jio

Why don’t more VCs care about good tech (yet)?

Johannes Lenhard Contributor Share on Twitter Dr. Johannes Lenhard is Centre Coordinator at the Max Planck Cambridge Centre for Ethics, Economy and Social Change. One of the VC partners in a well-established London firm told me straight out: Venture capital is money [laughs], it is a risky asset class, perhaps the wildest asset class […] and it has the biggest possible returns. I have detailed elsewhere how I think caring mor...
Tags: Startups, Column, London, Steve Jobs, Entrepreneurship, Berlin, Tech, CSR, B Corp, Venture Capital, Un, Private Equity, Silicon Valley, OECD, Kpmg, KKR

Contentsquare, the digital experience analytics platform, scores $190M Series D

Contentsquare, the cloud-based platform that helps businesses understand how and why users are interacting with their app, mobile and web sites, has closed $190 million in Series D funding. The round is led by BlackRock’s Private Equity Partners team, with participation from previous investors. In addition, as part of this round, Sapiance Capital Limited is providing credit to the company. It brings total funding for Contentsquare to $310 million. Previous backers include Canaan, Eurazeo Growth,...
Tags: Fundings & Exits, Startups, TC, Europe, Tech, Toyota, KKR, Blackrock, Americas Europe Asia, Jonathan Cherki, ContentSquare, Salesforce Sephora, Private Equity Partners, Sapiance Capital Limited, Canaan Eurazeo Growth GPE Hermes Highland Europe, American Express Best Buy Dell Ikea LVMH

Startups Weekly: How will we build the city of the future?

Editor’s note: Get this weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT), just subscribe here. Commercial real estate, the traditional heart of most cities, may have lost its reason to exist in the last few months. The world is about to find out what the situation is as more locations start to reopen. First up in our ongoing coverage of the topic, Connie Loizos caught up with a couple proptech investors this week for TechCrunch, who saw existing t...
Tags: Apple, Startups, TC, China, US, America, Tech, Walmart, Brooklyn, Arizona, Sarah Buhr, Huawei, TSMC, Instacart, KKR, Alex

What’s up with tiny checks at giant valuations?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Are you a regular Equity listener? Take our survey here! We talk about it on the show, and it’s embedded below in case you don’t want to click a link. From home once again this week, Danny, Natasha, Alex, and Chris got together to pull the show together. But unlike last week’s episode (catch up here if you are behind), this week’s show features a game that actual...
Tags: Apple, Fundings & Exits, Startups, TC, Podcasts, Slice, Equity, Instacart, KKR, Shopify, Chris, Forge, Danny, Quizlet, SharesPost, Equity podcast