Friday, October 29, 2021

Paytm founder Vijay Shekhar Sharma to self-finance stake increase in insurance biz

One97 Communications founder Vijay Shekhar Sharma and two of his holding companies — VSS Holdco and VSS Networks — together will own close to 66% in Paytm Insuretech and Swiss Re almost the rest.

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

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...