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} div#custom-code { padding: 10px 20px !important; } .mx-200 { max-width: 200px !important; } .pd-10 { padding: 10px !important; } } .gt-cta { background: #002D98; padding: 10px 40px; border-radius: 10px; color: white; font-size: 20px; } </style> <div class="content-defi">Scroll down to catch up on the latest happenings and developments taking place in the private markets landscape!</div> <br> <br> <div style="margin-bottom:20px;" class="nav-sections"> <a href="#du"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e22af0e877052135822c85_Asset%2030%406x.png"> </a> <a href="#wn"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e903f8c624b9738ff291f9_Asset%2082%406x.png"> </a> <a href="#id"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e8e5b4ae456041fb362ab1_Asset%2083%406x.png"> </a> </div> <div class="content-defi " style="margin-right:0 !important;padding: 20px 30px;background: #f7f5f2;"> <div id="pm" class="content-defi " style="margin-right:0 !important;padding: 20px 0px 0px;"> <div> <table border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;background: #fff;" width="100%"> <tr> <td style="padding:20px 0 !important;"> <div style="font-family: sans-serif"> <div class="txtTinyMce-wrapper" style="font-size: 12px; font-family: Poppins, Arial, Helvetica, sans-serif; mso-line-height-alt: 18px; color: #1d1d1b; line-height: 1.5;"> <img id="du" src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f4e04e7cbb21833229d6_Asset%2056%404x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;" title="Banner"> <p style="margin-top:6px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Here's a quick glance at the latest deal-related news in the market.</p> <img class="mx-200" src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/63dd070fd49954c9df3fc480_Investment%20button%20hd.png" style="display: block; height: auto; border: 0;padding-top: 40px; max-width: 100%;margin-left:30px;width: 190px;" title="heading"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300; text-decoration:none;"> <a style="color: #002D9C;text-decoration:none;" href="https://www.marketbeat.com/instant-alerts/nasdaq-grab-sec-filing-2023-01-16/" target="_blank"> <b>Grab receives over half a million in investments from Mizuho Securities Co. Ltd.</b> </a> <br> <i style="color:#171723;font-size: 14px;">January 16th, 2023 </i> </p> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Mizuho Securities Co. Ltd. bought a new position in Grab Holdings Limited, purchasing 220,000 shares of the company's stock, worth approximately US$ 579,000. Grab makes up about 0.2% of Mizuho Securities Co. Ltd.'s portfolio, making the stock its 23rd biggest holding. <br> <br> <a style="color: #002D9C;text-decoration:none;" href="https://www.bloomberg.com/news/articles/2023-01-17/southeast-asia-food-delivery-market-slows-in-risk-to-grab-goto?leadSource=uverify%20wall" target="_blank"> Despite Southeast Asia’s food delivery spending growing at the slowest pace in at least four years in 2022, Grab led Southeast Asia's food delivery market, accounting for 54% of the market. With its operations in eight countries, Grab posted a gross merchandise value of US$ 8.8 billion. </a> <a href="https://www.marketbeat.com/instant-alerts/nasdaq-grab-sec-filing-2023-01-16/" target="_blank"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:0px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts' Opinion</b> <br> Despite the muted pace of growth in platform businesses across the SEA, institutional investors, including Mizuho, have been actively building positions in market leading companies like Grab. </p> <img class="mx-200" src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f7c98c1c3a422612895f_Asset%2059%404x.png" style="width: 280px;display: block; height: auto; border: 0;padding-top: 40px; max-width: 100%;margin-left:30px;" title="heading"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px; padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;text-decoration:none;"> <a style="color: #002D9C;text-decoration:none;" href="https://fintech.global/2023/01/17/klarna-taps-ingenico-to-aid-payment-solution-rollout/" target="_blank"> <b>Klarna enters into a strategic partnership with payments firm Ingenico to help roll out its flexible payment options </b> </a> <br> <i style="color:#171723;font-size: 14px;">January 17th, 2023 </i> </p> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> Klarna taps Ingenico to aid payment solution rollout at the PoS using PPaaS, Ingencio’s innovative, cloud payments platform as a service.<br> PPaaS enables its clients such as banks and merchant acquirers to select from a catalogue of payments and value-added services without the need for lengthy and expensive software development and avoids the complexity associated with deployment across a variety of terminal brands. </p> <a href="https://fintech.global/2023/01/17/klarna-taps-ingenico-to-aid-payment-solution-rollout/" target="_blank"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts' Opinion</b> <br> Ingenico’s PPaaS will be a significant accelerator that will allow Klarna’s innovative payment solutions to be present wherever customers want to shop, including on the shop floor.<br> Strategically, it is a significant partnership for Klarna. Like all payment and BNPL players, the company is playing on thin margins and cyclically flagging customer demand in its core markets. In such times, enhancing its presence into physical retail stores through the tie-up with Ingenico will help it to increase its omnichannel payment service capabilities, which are crucial for success in a sector where visibility and convenience across channels are an important part of brand recall and customer stickiness. </p> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;text-decoration:none;"> <a style="color: #002D9C;text-decoration:none;"href="https://www.livemint.com/companies/byjus-rolls-out-virtual-sales-plan-amid-concerns-11673888748701.html"> <b>As criticism mounts against Byju's offline sales strategy, it is rolling out a virtual alternative</b> </a> <br> <i style="color:#171723;font-size: 14px;">January 17th, 2023 </i> </p> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Edtech giant Byju’s has replaced its existing direct sales with a new internal sales strategy to avoid mis-selling and expand the reach of customers through a virtual process over zoom. The new inside sales strategy, launched in October, is announced amid increased criticism against the edtech firm for aggressively pitching its courses through its on-field sales push. </p> <a href="https://www.livemint.com/companies/byjus-rolls-out-virtual-sales-plan-amid-concerns-11673888748701.html" target="_blank"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts' Opinion</b> <br> It is positive to see that Byju's is receptive to ethical concerns raised about their sales strategy. The new strategy encompasses more documentation to ensure transparency in the sales process. A revision to aggressive sales tactics was expected, given that the government, including the National Commission for the Protection of Child Rights, had sought explanations from Byju's regarding its perceived mis-selling and over-selling. <br>The company hopes that it will improve its NPS among its core customers, reduce customer churn rate and possibly also score better in PR terms. However, the impact of such measures on the bottom line will likely be reflected only in the coming 2-4 quarters. </p> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;text-decoration:none;"> <a style="color: #002D9C;text-decoration:none;"href="https://www.moneycontrol.com/news/business/startup/google-backed-dunzo-lays-off-3-of-workforce-in-restructuring-exercise-9876621.html"> <b>As a part of restructuring exercise, Dunzo lays off workers </b> </a> <br> <i style="color:#171723;font-size: 14px;">January 16th, 2023</i> </p> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Groceries delivery partner, Dunzo, has laid off 3% of its workforce as a part of the restructuring exercise. While the company did not mention the exact number of the workforce laid off, it is expected to be around 90 employees. </p> <a href="https://www.moneycontrol.com/news/business/startup/google-backed-dunzo-lays-off-3-of-workforce-in-restructuring-exercise-9876621.html" style="display: block;width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:0px;" title="CTA"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts' Opinion</b> <br> Ever since the company announced in November last year that it would cut back on its ambitious quick delivery plans, in terms of turnaround times as well as geographical scope, the probability of a round of layoffs had lingered. <br>That said, the exercise has impacted 3% of Dunzo's workforce which is much lower compared to layoffs in other sectors. A tie-up with Jio Mart for deliveries remains critical to the company's sustainability, not least as a preventative measure against further layoffs. </p> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;text-decoration:none;"> <a style="color: #002D9C;text-decoration:none;" href="https://techcrunch.com/2023/01/11/carta-lays-off-10-as-cto-lawsuit-looms/?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFzmCwLteN_DpzP5r-DiCBsPOw-hP-eGU6wg6lX5W4fFl1GDGWsRWcCO2hvHMDj-Klx33Yy_-CYlPTiYAlghqCKdAKQk0bB8BwAmGwna4HlKokv3EiInb0TZQpg_jdDoFwbAdfVft1fkgkW7K_-GP6mv9cEe-9zzzWWOYbLt-YYC&guccounter=2"> <b>Carta laid off 10% of its workforce and fires its CTO due to illegal and wrongful acts</b> </a> <br> <i style="color:#171723;font-size: 14px;">January 12th, 2023</i> </p> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Carta, an equity management platform, cut 10% of its staff, impacting around 200 employees. Severance packages include 2.5 months of severance with one additional week of severance per completed year of service, and extended mental healthcare services. <br> Moreover, Carta is suing its former CTO, Jerry Talton, who was fired in December for wrongful and illegal acts including discrimination and sexual harassment. </p> <a href="https://techcrunch.com/2023/01/11/carta-lays-off-10-as-cto-lawsuit-looms/?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFzmCwLteN_DpzP5r-DiCBsPOw-hP-eGU6wg6lX5W4fFl1GDGWsRWcCO2hvHMDj-Klx33Yy_-CYlPTiYAlghqCKdAKQk0bB8BwAmGwna4HlKokv3EiInb0TZQpg_jdDoFwbAdfVft1fkgkW7K_-GP6mv9cEe-9zzzWWOYbLt-YYC&guccounter=2" target="_blank"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts' Opinion</b> <br> As for the news pertaining to the lay-offs, the workforce has been laid off due to reasons such as uncertain macro conditions and a decline in new customer onboarding. It is also believed that Carta's CTO's wrongful acts against at least nine women in the company have added to the fiasco, which comes after further negative news showing that Carta has lost market share to AngelList Ventures in the venture services space as a result of deterioration in customer service and customer lifecycle management. </p> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f7cab4bd5e4cc19b0624_Asset%2060%404x.png" style="display: block; height: auto; border: 0;padding-top: 40px; max-width: 100%;margin-left:30px; width: 190px;" title="heading"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;text-decoration:none;"> <a style="color: #002D9C;text-decoration:none;" href="https://inc42.com/buzz/mx-player-zomato-meesho-top-downloaded-apps-globally-2022/" target="_blank"> <b> Meesho among the most downloaded apps in 2022 </b> </a> <br> <i style="color:#171723;font-size: 14px;">January 14th, 2023 </i> </p> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> In India, Reliance Industries, Meesho, Times Group, ShareChat, and Bharti Airtel were the top app companies in terms of downloads in the year 2022. <br> <a href="https://www.vccircle.com/meeshofy22-loss-surges-revenue-grows-4x" target="_blank"> However, Meesho’s reported a 5x surge in its net loss, at Rs 3,247.8 crore for FY22, while revenue grew at 4x in the same period. </a> </p> <a href="https://inc42.com/buzz/mx-player-zomato-meesho-top-downloaded-apps-globally-2022/" target="_blank"> <img src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; width: 115px; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> <b>Our Experts' Opinion</b> <br>With Meesho making it in the list of top most downloaded apps in India, this has reinforced the significance of being present in Tier-2+ cities in India, Meesho's primary customer base, which is going to drive the next few years of growth for e-commerce platforms. Meesho has strongly delivered on its plans when it comes to penetration and inducing transactions in Tier 2+ cities. <br><br> As for the FY22 financials, While the loss grew by 4x in FY22 to US $400 million, implying a monthly burn rate of US$ 33 million, the company reported that it has already come down to US$ 4 million / month as of December 2022. Moreover, as per Meesho's last update, the annual revenue run-rate has reached US$ 1.1 billion as of September 2022. <br>The sharp reduction in costs comes from the company's strategy to move away from subsidizing sellers towards a new and more advertisement-driven model, similar to Taobao in China. Realizing that the AOV and the payment capacity of Tier 2 and Tier 3 sellers were limited, instead of charging them the full cost of logistics, collection, and packaging, the company has pivoted towards an ad model where those who can pay are incentivized to push their products via advertisements. </p> <br> <br> <table id="wn" border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;background: #012d98;" width="100%"> <tbody><tr> <td style="padding:20px 0 !important;"> <div style="font-family: sans-serif"> <a href="https://help.kristal.ai/hc/en-us/articles/7021948650257" target="_blank" rel="noopener noreferrer"> <img src="https://drive.google.com/uc?export=view&id=1csFaFESQGKEnahqZTn4_3S_dnpKkPLns" style="width:100%;"></a> </div> </td> </tr> </tbody></table> <table border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;background: #fff;" width="100%"> <tr> <td style="padding:20px 0 !important;background: #F2EFEA;"> <div style="font-family: sans-serif"> <div class="txtTinyMce-wrapper" style="font-size: 12px; font-family: Poppins, Arial, Helvetica, sans-serif; mso-line-height-alt: 18px; color: #1d1d1b; line-height: 1.5;"> <img id="id" class="mw-100" src="https://assets-global.website-files.com/614a9edd8139f5def3897a73/62e8e5b48acaee0a3d505cca_Asset%2084%406x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 350px;" title="Banner"> <p style="margin-top:6px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;">Discover interesting private markets facts and information right here!</p> <img class="mw-200" src="https://drive.google.com/uc?export=view&id=1lbEcIecZtd2PyZ8HFvHwizcQCMtlD8-h" style="display: block; height: auto; border: 0;padding-top: 40px; max-width: 210px;margin-left:30px;" title="heading"> <a style="color: #002D9C;text-decoration: none;" href="https://lnkd.in/g74aT4nX" target="_blank"> <p style="margin-top:36px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;color: #002D9C;text-align:left;font-weight:300;"> <b>2022: Private Markets Annual Review </b> </p> <table style="width:100%"> <tr style=" vertical-align: middle;"> <td style="width:50%" class="w100-section"> </a> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> The year 2022 saw a significant shift in the investors’ focus to early-stage investing, with these deals accounting for 66% of the total global deal volume. <br> <br> As we enter 2023, we expect a shifting trend towards income-generating investments like private debt, offering low volatility and modest risk-adjusted returns. </p> </td> <td style="width:50%" class="w100-section"> <a href="https://lnkd.in/g74aT4nX" target="_blank"> <img class="image-blog" src="https://drive.google.com/uc?export=view&id=1z89ukoFJyciCrt3HjDHSCwoUbymMQlgS"style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;" title="Banner"> </a> </td> </tr> </table> <p style="margin-top:25px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:30px;color:#171723;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:left;font-weight:300;"> Interested to know more?<br> Read our annual newsletter <b>‘The State of Private Markets in 2022’</b>, to get an overview of what happened in private markets in 2022 and our outlook for this space in the year 2023. </p> <br> <a href="https://lnkd.in/g74aT4nX" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:30px;" title="CTA"> <img src="https://global-uploads.webflow.com/614a9edd8139f5def3897a73/62e0f4e09a22710bd10dbda7_Asset%2058%404x.png" style="display: block; height: auto; border: 0;padding-top: 10px; max-width: 100%;margin-left:0px;" title="CTA"></a> </div> </div> </td> </tr> </table> <table border="0" cellpadding="20" cellspacing="0" class="text_block" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;background: #fff;" width="100%"> <tr> <td style="padding:20px 0 !important;"> <div style="font-family: sans-serif"> <div class="txtTinyMce-wrapper" style="font-size: 12px; font-family: Poppins, Arial, Helvetica, sans-serif; mso-line-height-alt: 18px; color: #1d1d1b; line-height: 1.5;"> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:22px;color: #002D9C;text-align:center;font-weight:300;"> <b>Intrigued to know more?</b> </p> <p style="margin-top:16px;margin-bottom:0px;margin-right:0;margin-left:0;line-height:1.5;padding-top:0px;padding-bottom:0px;padding-right:10px;padding-left:10px;font-family: aktiv-grotesk, sans-serif;font-size:16px;text-align:center;width: 70%;margin: auto;font-weight:300;margin-top: 10px;margin-bottom: 20px;">Discover exclusive private market opportunities today with Kristal Private Markets. </p> <div style="text-align:center;"> <a text-decoration:none; class="gt-cta gt-cta-9 onelink-signup" href=" https://portal.kristal.ai/signup?af_js_web=true&af_ss_ver=2_7_0&pid=direct_kpm&c=mar-23al-kmp-led"> Get Started ➔ </a> <br> <br> </div> </div> </div> </td> </tr> </table> </div>
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