Monday, August 14, 2023

Ranjan Pai in talks for stake in FirstCry; IT hardware firms may get more time for local manufacturing

Manipal Group chairman Ranjan Pai is likely to pick up a stake in FirstCry, as part of a secondary share sale. Pai’s Rs 250 crore investment could come at a valuation of about $3 billion for the Pune-based ecommerce firm looking to file its draft IPO papers before the end of this year. All this and more in today’s Morning Dispatch.

from Tech-Economic Times https://ift.tt/BlAOcev
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Google's Jeff Dean launches AI startup Discovery Loop

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