October 2023

Abu Dhabi sovereign-wealth fund invests nearly $600M in Reliance Retail at $100B valuation

October 6, 2023
Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR and Qatar Investment Authority together investing $1.7 billion in the Indian firm, which is part of Mukesh Ambani’s Reliance Industries. Abu Dhabi sovereign-wealth fund’s investment will fetch it a […]

Exclusive: Y Combinator beefs up with a string of new lieutenants

October 6, 2023
Y Combinator continues to change shape under CEO Garry Tan, a founder-turned-investor and online influencer. While Tan and his colleagues have attracted media attention lately for quarrelsome social media posts that take on rivals and San Francisco city officials, Tan has more quietly been turning the dials inside the popular accelerator program since taking it […]