Qatar Investment Authority may acquire a minority stake in Violet Arch Capital Advisors, according to BS. Violet Arch provides I-banking, Securities Trading, Research, Funds Management and other related products to institutional, corporate, and high net worth clients.
Sunnyvale, California-based Druva Inc., a cloud-first data protection solution provider, announced receiving $51 million in funding. This round of funding was led by existing investor Sequoia India, along with participation of new investors such as Blue Cloud Ventures, Hercules Capital, and Singapore-based EDBI. Existing investors like Japan’s NTT Finance (financial arm of Japanese telecommunications company Nippon Telegraph and Telephone Corporation), Nexus Venture Partners and Tenaya Capital also contributed to this round.