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Business Economy

Visiopharm raises fresh capital with BankInvest as lead investor

COPENHAGEN, Denmark, Sept 1, 2020 /PRNewswire/ -- In a new investment round, Visiopharm added BankInvest to the group of institutional investors that already includes ATP, NorthCap, Vækstfonden, and C.L. Davids Fond. BankInvest now holds almost 6% of the equity of the company. All existing investors co-invested in this round.
"We have seen Visiopharm triple its revenues organically over the last four financial years, which is very impressive," stated Stefan Ingildsen, Senior Portfolio Manager at BankInvest, and adds "It is not very common for BankInvest's mutual funds to invest in unlisted companies, but the perspectives for the AI-driven Precision Pathology market and for Visiopharm are so interesting that we decided to make an exception. The sustained growth rates show that there is a market, it is taking off now, and Visiopharm's technology is addressing unmet needs effectively."
The purchase of shares in Visiopharm is benefitting several of BankInvest's mutual funds, in particular, the fund "BankInvest Small Cap Danish Equities."

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Bullion Market opening Rates

Bullion Market opening Rates

31 Oct 2020 | 11:24 AM

Chennai,Oct 31(UNI) Following is the bullion markets
opening rate here today.

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Ampersand Groups digital intervention in PPP initiatives to democratise education, upskill teachers win accolades

31 Oct 2020 | 11:12 AM

- Awarded the Best Teacher Training of the Year, Best Vocational Education of the Year, and Best Preschool Operations & Management of the Year at 'The Internet Entrepreneur Awards'
- Bestowed National Award for Marketing Excellence in Education at the 7th Edition of the National Awards for Marketing Excellence
MUMBAI, India, Oct. 31, 2020 /PRNewswire/ -- Ampersand Group, an end to end school management services provider bagged an array of awards at the recently concluded The Future of Tech Congress & Awards' - The Internet Entrepreneur Awards and at the 7th Edition of the National Awards for Marketing Excellence held virtually in Mumbai.

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Linksys and Qualcomm Launch the First 5G and Wi-Fi 6 Mobile Hotspot in Korea and Hong Kong

31 Oct 2020 | 8:12 AM

Provides best network environment anytime, anywhere with latest technology
LOS ANGELES, Oct. 31, 2020 /PRNewswire/ -- Linksys, the connected home division within the Belkin International and Foxconn Interconnect Technology (FIT) entity, has introduced the first 5G and Wi-Fi 6 Mobile Hotspot in Korea with Korea Telecom (KT), the largest Korean mobile carrier and in Hong Kong with CSL. The Linksys 5G Mobile Hotspot is powered by the Qualcomm® Snapdragon™ X55 5G Modem-RF System and Qualcomm® FastConnect™ 6800 mobile connectivity system.
The Linksys 5G Mobile Hotspot harnesses 5G and Wi-Fi 6 for blazing fast and seamless connectivity. The device is the world's thinnest and lightest 5G mobile hotspot and includes a USB-C port with Qualcomm® Quick Charge™ Technology, ensuring devices are powered up and optimally connected at home or on-the-go.

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30 Oct 2020 | 10:23 PM

Kolkata, Oct 30 (UNI) Pune witnessed 1,756 new unit launches in Q3 2020, an increase of 55% over the previous quarter, according to JLL Research.

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PLEXCONCIL unveils 5-year plan to target USD 25 bn of plastics exports by 2025

30 Oct 2020 | 10:02 PM

Hyderabad, Oct 30 (UNI) The Plastics Export Promotion Council of India (PLEXCONCIL), the apex trade body for plastics exports sponsored by the Union Ministry of Commerce & Industry, has unveiled plans to target plastics’ exports of USD 25 billion by 2025 while posting 20 per cent growth in plastics exports during FY21 and FY22.

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