RDIF WILL INVEST $1 BILLION INDIA

1.Russia state backed Russian Direct Investment Fund(RDIF) will work with an Indian fund to invest $1 billion in India.

2.The RDIF and National Investment and Infrastructure Fund(NIIF) will each invest up to $500 million in the joint fund.

T HUB AND UBER INK PACT TO CONNECT STARTUPS

T-hub,Uber and TiE silicon valley announced a programme to connect startups with global opportunities.