AI firm SambaNova Systems raises $250M in Series C funding round

In a statement, SambaNova Systems, an artificial intelligence computing firm stated, it has raised $250 million in its latest funding round which was led by BlackRock Inc. Investors at SambaNova’s Series C funding round included the venture capital arms of both Intel Corp and Alphabet Inc, Walden International, WRVI Capital and Redline Capital. Palo Alto,…

Indian digital payments giant Paytm valued at $16 billion in latest funding round

On Monday, Paytm, an Indian digital payments company stated it has raised fresh funds totaling to $1 billion from a group of investors which includes existing backers such as SoftBank’s Vision Fund and China’s Ant Financial Services. The funding round saw Paytm being valued at $16 billion. A fresh investment in Paytm by Japan’s SoftBank’s…

South Korea’s Shinhan Financial Group Co Ltd invests in Indonesia’s e-commerce startup Bukalapak’s latest funding round

Although Shinhan Financial Group Co Ltd’s investment was not disclosed, the funding round saw Bukalapak valued at more than $2.5 billion. On Friday, Indonesian e-commerce startup Bukalapak stated, South Korea’s Shinhan Financial Group Co Ltd has participated in its latest funding round which valued the company at over $2.5 billion. Bukalapak did not disclose the…