Modi meets ex-Aus PM Abbott; leaders vow to strengthen financial cooperation

Prime Minister Narendra Modi met former Australian premier Tony Abbott on Thursday with the 2 leaders emphasising that enhanced financial cooperation between India and Australia would assist the 2 nations in realising their shared imaginative and prescient of a secure, safe and affluent Indo-Pacific area.

Modi and Abott, who’s visiting India from August 2-6 in his capability as Australian Prime Minister Scott Morrison’s Particular Commerce Envoy for India, mentioned methods to additional strengthen bilateral commerce, funding and financial cooperation to grasp the complete potential of the India-Australia Complete Strategic Partnership, in keeping with an announcement issued by the Prime Minister’s Workplace (PMO) right here.

They emphasised that enhanced financial cooperation between India and Australia would assist each nations higher tackle the financial challenges rising out of the COVID-19 pandemic, and would additionally assist them in realising their shared imaginative and prescient of a secure, safe and affluent Indo-Pacific area, the assertion stated.

Prime Minister Modi expressed his satisfaction on the stellar development of India-Australia ties in current occasions and admired the vital contributions of Prime Minister Morrison and former prime minister Abbott on this journey.

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Finance concierge start-up Zeni raises $34 mn to assist corporations handle funds

AI-powered finance concierge Zeni stated it has raised $34 million in a Sequence B funding spherical led by Elevation Capital with participation from new traders Suppose Investments and Neeraj Arora. Zeni has seen 550 per cent income progress year-over-year pushed completely by referrals and natural progress. Present traders Saama Capital, Amit Singhal, Sierra Ventures, Twin Ventures, Dragon Capital and Liquid 2 Ventures additionally participated within the spherical.

As we speak, Zeni manages greater than $500 million in funds every month throughout greater than 100 startup prospects, starting from pre-revenue startups to companies producing greater than $100 million in annual income. Zeni will use the capital infusion to carry its clever bookkeeping and accounting platform and providers to extra prospects. It will make investments aggressively in its crew within the US and India throughout product, expertise, advertising, gross sales and finance operations.

Zeni was based in 2019 by twin brothers and serial entrepreneurs, Swapnil Shinde and Snehal Shinde, who additionally based Mezi, the AI-powered journey assistant acquired by American Categorical in 2018. The Zeni crew is unfold throughout Palo Alto, New York and Pune.

“Startups and small

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Man Metropolis Indicators Grealish From Aston Villa

Manchester Metropolis lastly will get their man.

The defending champions of the English Premier League have been looking for that huge cash summer time switch window signing.

It was reported final week that Manchester Metropolis has been taking a look at Aston Villa midfielder Jack Grealish to hitch the membership on an enormous £75 million ($103.7 million) switch bid.

The deal lastly materialized as switch maestro Fabrizio Romano confirmed the deal at present.

Romano experiences that the agreed-upon switch price for the English nationwide workforce participant is at £100 million ($139.1 million) and that his contract is sweet till the summer time window of 2026.

Metropolis Xtra experiences that the deal will formally be introduced by Manchester Metropolis administration throughout the subsequent 24 hours.

With the huge switch bid, Manchester Metropolis broke the present switch price report, final held by Manchester United for his or her £89 million ($123.8 million) bid for French nationwide Paul Pogba again in 2016.

The signing couldn’t have come at a greater time for Manchester Metropolis as they’ve been looking for a participant that may assist carry them to a different Premier League title–their third in 4 years.

The departure of Sergio Aguero to La

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