Deals
The fundraise will include a mix of equity and debt.
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SoftBank-backed OPay eyes up to $4.4b US IPO valuation
2
Malaysia's SkyeChip joins SoftBank-backed Japanese project to develop memory for AI
3
Fast-fashion group Shein agrees to settle US FTC probe for $100m
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Mental health firm Amaha raising capital to expand hospital, clinic network
5
HKEX launches new indexes for AI and semiconductor companies
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Policy & Regulations
Tata Sons is grappling with internal divisions over whether it should list.
IPOs & Markets
The stock listed at Rs 159.25 on the National Stock Exchange of India.
Analysis
It reported a rise in bad loans in its gold loan portfolio in the second quarter.
The IPO values Jio Platforms at up to $108.3 billion.
The funding comes as the startup looks to acquire a majority stake in Bizloan.
The company could look to raise around 30 billion rupees ($316.56 million).
The plan would also waive prior approval for subsidiaries’ internally funded investments.
Earnings and Results
Consolidated net loss narrowed to 15 million rupees ($158,169) for the second quarter.
The company’s food delivery business reported a record adjusted core profit.
