Saturday, October 30, 2021

Policybazaar raises Rs 2,569 crore from insurance cos, others in IPO anchor round

The SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with investors like Fidelity, Baillie Gifford, Dragoneer Group, BlackRock and others also participating.

from Tech-Economic Times https://ift.tt/3vXS6M3

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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...