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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Chevron signs pact with Microsoft for powering its Texas data centre

Chevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using GE...