Author: VernoNews

Mumbai-based regtech startup Idfy raises Rs 476 crore ($52 million) in a funding round primarily led by Neo Asset Management. Existing investors Blume Ventures, Analog Capital, Elev8, and others also participate.Funding Breakdown and Previous RoundsIdfy previously secured around $17 million in 2024 from Indiamart, Elev8, and additional backers. Ministry of Corporate Affairs filings indicate Rs 220 crore flows in as primary capital, with the remainder allocated to secondary share purchases by existing investors.Neo Asset Management contributes Rs 189 crore via multiple funds, while Indiamart and Analog Capital each invest Rs 11 crore. Elev8 adds Rs 5 crore, and Kae Capital…

Emerging markets equity portfolios showed resilience in the fourth quarter of 2025, with the Lazard Emerging Markets Equity Portfolio delivering gains that surpassed the MSCI Emerging Markets Index benchmark.Portfolio PerformanceThe MSCI Emerging Markets Index advanced 4.7% over the quarter, driven by sustained investor interest in artificial intelligence and stable risk appetites. The Lazard Emerging Markets Equity Portfolio not only rose in value but also outperformed this key benchmark, reflecting strong stock selection amid volatile conditions.Key Company HighlightsSK Hynix achieved record third-quarter earnings, fueled by surging demand for its AI-optimized chips. This performance underscored the growing importance of semiconductor innovation in…

Jeju Horse Racing has named the late Hwang Gong-hwan (1921-1986) as its featured figure for February, recognizing his groundbreaking role as the first non-Korean chief judge at the track. Pioneering Contributions to Korean Horse Racing Hwang Gong-hwan made history in 1960 by serving as chief judge during the ‘Week of Korean Horse Power Association Members.’ He rallied horse owners to raise 3.5 million won through a dedicated fundraising drive. The funds purchased trophies and items, which he donated freely. One such trophy remains in use today at the Korean Horse Association. His efforts extended beyond judging. Hwang connected horse racing…

A state court judge has approved an extra year of eligibility for Ole Miss quarterback Trinidad Chambliss, issuing an injunction that allows him to play in 2026. Judge Robert Whitwell, who holds a law degree from Ole Miss and a bachelor’s from Delta State, determined after a hearing exceeding one hour on Thursday that Chambliss qualifies for a medical redshirt in his sixth season. Ruling Highlights Whitwell found that Chambliss provided sufficient medical documentation, which the NCAA overlooked in denying his waiver. The judge ruled that the NCAA failed to act in good faith and that denying eligibility would cause…

Eight individuals lost their lives in a mass shooting on Tuesday in Tumbler Ridge, British Columbia. The attack unfolded at Tumbler Ridge Secondary School, where six victims died, and at the shooter’s family residence on Fellers Avenue. The gunman, 18-year-old Jesse Van Rootselaar, succumbed to a self-inflicted gunshot wound. Numerous others sustained injuries. Victims at Tumbler Ridge Secondary School Abel Mwansa Abel Mwansa, a 12-year-old boy born in Zambia, arrived in Canada in March 2023 with his family after his father secured a mining position in British Columbia. His father, Abel Mwansa Sr., expressed joy at having a son whom…

ExpressVPN’s Valentine’s Day promotion hits its midpoint, leaving shoppers with less than a week to lock in the service’s lowest prices ever. This top-tier VPN currently holds the fourth spot in leading rankings, having topped the list among just a handful of providers. Recent performance upgrades make it a standout choice for privacy and speed. Breakthrough Pricing with Tiered Plans Historically pricey at over $5 per month, ExpressVPN now offers tiered options slashed by more than half through this limited-time deal. Two-year subscriptions start at $2.44 monthly, billed upfront as $68.40. One-year plans begin at $3.49 per month, totaling $52.39…

Influencer Lorna Luxe, 43, shares the devastating news of her husband John Andrews’ passing at age 64 following a courageous battle with stage four adrenal cancer.Diagnosis and Final DaysJohn received his diagnosis in April 2023. Twenty-one years Lorna’s senior and a former banker, he fought the disease until it spread last month, when Lorna told her 1.6 million Instagram followers that treatment was no longer possible.On Thursday, Lorna announced his death in an emotional Instagram post: “My beautiful, brave John died yesterday. I am heartbroken.”She described their final moments: “We were together to the very end, at home, in our…

Grand Erie Public Health has activated a cold alert for the Brantford-Brant and Haldimand-Norfolk areas, signaling very cold weather beginning Thursday. Authorities issue these notifications when temperatures drop below –15 C or wind chill reaches –20 across parts or all of the region.In such conditions, unprotected skin can freeze in under 30 minutes, heightening the risk of hypothermia, officials warn.Today’s forecast includes possible flurries in Brantford, with a daytime high of –3 C and overnight low of –17 C. Haldimand-Norfolk expects a high of –3 C and low of –16 C. The alert remains active until officials issue a cancellation.Vulnerable…

Punjab Police’s ‘Gangstran Te Vaar’ campaign against gangsters achieved significant success through Operation Prahaar-2, with raids conducted at 8,278 locations linked to wanted criminals over the past 72 hours. The operation aligns with directives to make Punjab gangster-free. Launch and Scale of Operation Prahaar-2 Director General of Police (DGP) Gaurav Yadav initiated the 72-hour Operation Prahaar-2 to intensify efforts against wanted criminals. Senior officers from Punjab Police Headquarters oversaw the action across districts, deploying over 2,000 police teams and 12,000 personnel. Key Results and Arrests Special Director General of Police (Special DGP) Law and Order Arpit Shukla reported that police…

Montreal officials have shut down Papineau Avenue between Ste-Catherine Street and René-Lévesque Boulevard after a water main rupture occurred Thursday morning. The closure persists indefinitely as repair crews address the issue.Police direct traffic at the scene and advise motorists to bypass the area entirely to ease congestion.Disrupted Access to Jacques Cartier BridgeThe water main failure worsens challenges reaching the Jacques Cartier Bridge, which spans from Montreal to the South Shore. Ongoing renovations have already closed a segment of De Lorimier Avenue, forcing drivers to detour via Frontenac and Atateken streets, stated Jean-Pierre Brabant, spokesperson for the Service de police de…