India
The funding also saw participation from Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures.
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Vietnam
ABB is also buying stake from the startup’s seed investor CyberAgent Capital.
Vingroup holds a 51% ownership in the company.
Rest of Asia
The round includes equity financing from Mitsui Sumitomo Insurance Venture Capital.
Singapore
Oneteam’s funding round was led by Wavemaker Ventures.
OpenAI has also faced lawsuits in the US by the New York Times and the Chicago Tribune.
The fund plans to invest up to $2m each in over 20 companies in sectors such as consumer and enterprise solutions.
The JV owns the Keppel Data Centre Campus in Singapore.
The Indian VC was looking to close the vehicle by end-2024.
World
The Biden administration is trying to curb what it alleges are Big Tech monopolies.
