Wednesday, 3 November 2021

Paytm's giant anchor round; alarm over crypto ads

Sovereign wealth funds and other large investors have pumped in Rs 8,235 crore during the company's anchor round, according to Paytm's filings with the Bombay Stock Exchange.

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Zetwerk Manufacturing set to raise $250 million at $2.5 billion valuation

The round would value the company at close to $2.5 billion pre-money, almost double of what it commanded in August this year when it had raised $150 million from investors led by D1 Capital at a $1.33 billion valuation.

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Paytm raises Rs 8,235 crore from anchor investors as part of largest Indian IPO

BlackRock, CPPIB, GIC, ADIA among top investors to have picked up stake in Rs 18,300 crore IPO.

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Facebook to form New Zealand fund to support local publishers

The company, which did not disclose its investment amount, said its program would include training local publishers from diverse backgrounds to drive their digital audience and revenue growth, both on and off Facebook.

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PB Fintech IPO subscribed 16.59 times on Day 3

The PB Fintech IPO received bids for 57.24 crore equity shares against an offer size of 3.45 crore, according to NSE data. The parent firm of Policybazaar and Paisabazaar is likely to list on November 15.

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Infosys partners with Shell to market Shell Inventory Optimizer

The Shell Inventory Optimizer leverages artificial intelligence (AI) to enable companies to optimise warehouse inventory levels based on historical consumption.

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Taking the face out of Facebook; What is DeFi?

Facebook has announced that it plans to shut down its facial recognition system and delete the “facial recognition templates” of more than a billion people by December.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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