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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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-...