Wednesday, March 20, 2024

Startups ‘reverse flip’: Pine Labs, Zepto, Meesho in queue for India return

Startups such as Pine Labs, Zepto, Meesho are the latest new-age companies looking to move headquarters to India. However, Indian-origin companies looking to move base from the US or Singapore face a hefty levy.

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

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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-...