Hey everyone! We are starting agree-gator posts with this post where we will cover topics like entrepreneurship, leaderships, startup success, funding and updates. Every week we will come up with an agree-gator posts with top stories and help you stay updated from one place. Below is this week’s update on entrepreneurship covering some top stories.
Global Entrepreneurship Summit to be inaugurated by Indian Prime Minister Narendra Modi and Ivanka Trump (advisor to US President Donald Trump). The three-day event will be held in Hyderabad, India starting 28 Novermber, 2017 where senior officials from both India and US will be attending.
Ola raised $400 million
Ola raises $400 million from Chinese tech major Tencent: To compete better against its main competitor Uber Technologies Inc., Ola has received $400 million funding from Tencent, part of which will be invested into Ola’s ambitious electric cars project.
Axis Bank acquires FreeCharge
Axis Bank completes acquisition of FreeCharge: In a $60 Million all-cash deal, Axis bank now completed the acquisition process of digital payments platform FreeCharge. Axis bank has also announced Sangram Singh as the CEO of FreeCharge. FreeCharge was a part of SnapDeal since April 2015, when SnapDeal bought it in a deal of $400 Million, then considered as one of the largest deals in Indian internet consumer space.
Uber to receive funding
Uber to receive funding from Chinese SoftBank; resolves to go public in 2019: Uber has agree to accept an investment from China based SoftBank, in order to grow its technology portofolio. The investment amount will vary between $1 billion to $1.25 billion. The Uber board has also passed a resolution to go public in 2019.ALSO READ 5 tips to network well, if you are an introvert entrepreneur
Entrepreneur tattoed his deadline on his chest (CRAZY): Nick Unsworth, a motivational speaker & business coach had so much belief in his vision that he went to tattoo the deadline in his chest as a reminder to accomplish what he planned. Read about him here at his own website NickUnsworth.com
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