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HBO leaves Disney+ Hotstar📺, SHEIN to raise $2 Bn💃🏻, Apple reshuffles🍎
HBO content leaves Disney+, SHEIN to raise $2 Bn, Apple to make India its own region, Funding Deals, Fact and more.
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HBO content leaves Disney+ Hotstar from March 31📺
Disney+Hotstar which is one of India's largest OTT player has announced that it will stop streaming HBO content which includes fan favorites like Game of Thrones, Euphoria, and the most recent series 'The Last of Us'.
In India, most of the content produced by WarnerMedia was accessible to the viewers on Disney+Hotstar after the company stopped broadcasting the HBO channels in 2020 in the country.
Hotstar’s paid service includes shows from a spectrum of international programmers including AT&T Inc’s HBO, whose offerings include “Game of Thrones" and “Chernobyl" as well as popular live sports content.
China's SHEIN set to raise $2 Bn, eyes US IPO later this year, report💃🏻
Chinese online fashion retailer SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a U.S. listing in the second half of this year.
UAE's sovereign wealth fund Mubadala is a major investor in this round as are existing investors, private equity firm General Atlantic (GA) and venture capital group Sequoia Capital China.
SHEIN cut its valuation to $64 billion in this fundraising, down by a third from a funding round a year ago.
Supply chain financing platform Mintifi has raised $110 million in Series D funding round led by Premji Invest.
Fintech platform Growfin has raised $7.5 million in Series A funding led by Singapore-based venture capital firm SWC Global.
Venture debt fund Alteria Capital has invested Rs 40 crore of venture debt funding in silver jewelry startup GIVA.
Apple to shake up international sales operations to make India its own region🍎
Apple Inc. is reshuffling the management of its international businesses to put a bigger focus on India.
The shift will mark the first time India becomes its own sales region at Apple, which has seen demand surge in the country. That will give the Asian nation increased prominence inside the tech giant.
Apple is making the change after its vice president in charge of India, the Middle East, the Mediterranean, East Europe and Africa — Hugues Asseman — recently retired.
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