Tuesday, August 15, 2023

Dunzo holds talks with debt investors to rejig credit terms

Dunzo’s efforts come at a time when it has simultaneously been looking to arrange new capital from both existing and new investors. In June, JioMart, the biggest customer of Dunzo’s B2B arm Dunzo Merchant Services (DMS), cut the prices it paid for last-mile deliveries made by bikes.

from Tech-Economic Times https://ift.tt/OCzYEuN

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...