Policybazaar plans Mumbai IPO filing next month

The Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve new stocks and secondary shares from existing shareholders.

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New restrictions may plunge food delivery platforms back into peril

With night curfews in place in both Delhi and Mumbai, Swiggy and Zomato have stopped taking orders at 7:30 pm, missing out on peak time for dinner orders.

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Online investment app Groww raises fresh funds led by Tiger, valuation jumps to $1 billion

This is the third investment by the New York-based investment fund in the sector after Upstox and IndWealth.

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GetVantage to raise $15-20 million, fund over 200 direct-to-consumer brands

The company provides founders anywhere between Rs 20 lakh and Rs 2 crore of non-dilutive growth capital compared to traditional funding sources

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Intel launches new processor for data centre platform

The US-based technology giant launched the 3rd gen Xeon Scalable processors (codenamed Ice Lake) on Tuesday and said that this would be the foundation of its data centre platform.

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Prosus to sell 2% stake in Tencent worth $15 billion

Prosus, majority-owned by Naspers of South Africa, said the sale would lower its stake in Tencent to 28.9% from 30.9%.

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Icertis adds former Xerox CEO Ursula Burns to advisory board

Ursula Burns joins Icertis’ advisory board after the company said it’s raising $80-million in a Series F funding found at a valuation of more than $2.8 billion.

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