Amazon Pay India's loss narrows by 18.8% in FY21

The company's revenue from operations grew 30% in FY21 to Rs 1,716 crore.

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Buy now, pay later set to surge over ten-fold in India

Redseer estimates India's BNPL market will rocket to $45-50 billion by 2026 from $3-3.5 billion now. The research firm also estimates that the number of BNPL users in the country may rise to 80-100 million customers by then, from 10-15 million currently.

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Paytm IPO 18% subscribed, SoftBank’s Son calls it ‘great event’

The largest-ever public issue in the history of Indian capital markets opened today. By the end of the day, Paytm’s Rs 18,300 crore IPO was 18% subscribed, with most of the interest coming from retail investors.

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Tesla shares fall 5.5% after Twitter users vote for Elon Musk to sell stock

Elon Musk's stake in Tesla was about 170.5 million shares as of June 30, and a 10% sale would amount to about $21 billion based on Friday's closing share price.

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NTT Global, Tokyo Century expand data centre business in India

Japan’s NTT Corp., NTT Global Data Centers Corp. and Tokyo Century Corp. are expanding their Indian data centres business to the Navi Mumbai area.

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HRtech startup Advantage Club raises $5 million from Y Combinator, others

HRtech startup Advantage Club will use the funding to expand operations globally and continue investing in AI and machine learning to improve product offerings.

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Former Blackstone India MD Amit Jain joins Carlyle

Amit Jain, former senior managing director at Blackstone India, has joined US-based PE firm Carlyle as Managing Director based in Mumbai and Co-Head of the Carlyle India investment advisory team

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