Matrix-backed gaming startup Zupee raises $10 mn in new funding round
Cashgrail Pvt Ltd, which operates skill-based mobile gaming platform Zupee, has raised $10 million (about Rs 73 crore) in a fresh funding round. The exercise has been led by existing backer WestCap Group, a United States-based growth equity firm that invests in asset-light and tech-enabled marketplace solutions. Focus areas for WestCap include financial, real estate, […]
Sanlam to take over £1.2bn Smith & Williamson fund range
Sanlam Investments is to take over the management responsibility for a raft of portfolios currently run by Smith & Williamson Investment Management. The firms announced today (January 4) they had agreed a deal which will see eight funds transfer to Sanlam, adding £1.2bn in assets under management, six fund managers and four other staff members […]
Delta Air Lines CEO expects positive cash flow by spring
(Reuters) – Delta Air Lines CEO Ed Bastian said in a memo on Friday that he continues to expect that the company will achieve positive cash flow by the spring. In his new year note to employees, Bastian said that company will likely “experience two distinct phases during the next 12 months.” The first phase […]
