Monday, October 4, 2021

Chinese investor may exit Delhivery; Thrasio eyes India foray

Fosun International, a Chinese conglomerate that invested in Delhivery in 2017, has sold a part of its stake in the logistics firm for $50 million, sources told us, and could exit the startup completely before its IPO.

from Tech-Economic Times https://ift.tt/3D9jEAM

No comments:

Post a Comment

AI risks spark 30% surge in India cybersecurity spends as enterprises ramp up defences

Corporate India is witnessing a significant surge in cybersecurity spending, up 30% year-on-year, as businesses race to safeguard data and A...