private funding

Government has opened highway project bids to venture capital, private equity, infrastructure, and pension funds, a significant policy change. This move aims to attract substantial private investment by allowing these financially robust entities to partner with experienced construction firms.

Uday Kotak, founder of Kotak Mahindra Bank, urged India to reduce its reliance on foreign capital and cultivate a robust domestic pool of long-term risk capital for true self-reliance. He emphasized that companies should prioritize building businesses with a three-to-five-year vision over short-term stock price fluctuations, advocating for stronger domestic private equity and venture capital ecosystems.

Jeff Bezos' parents, Jackie and Miguel Bezos, have donated $100 million to Robin Hood to support early childhood education in New York. This significant gift, which could reach $150 million with matching funds, will bolster childcare and education programs, aligning with Mayor Zohran Mamdani's initiative for universal early education starting at age two.

Across the vibrant streets of Argentina, a sea of protesters poured into the plazas, voicing their outrage over president Javier Milei’s funding cuts to public universities. With significant budget shortfalls, faculty members are witnessing a troubling drop in their earnings.

Skyroot Aerospace has achieved unicorn status, valued at $1.1 billion after raising $60 million. This funding propels India's first private orbital rocket, Vikram-1, closer to launch. The capital will scale production and develop future rockets, marking a significant leap for India's burgeoning private space sector and its global ambitions.