Tag: Funding
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Hyundai’s IPO: A Boost for Indian Businesses and Investors
Hyundai’s proposed public issue involves its Korean parent company selling a 17.5% stake in the Indian subsidiary, raising up to $3 billion. This repatriation of capital is not expected to adversely impact India’s foreign exchange reserves or exchange rate. For…
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The Fall of Zest Money
Theme Covered in the article From Inception to Contraction: ZestMoney’s Rise and Fall Founded in 2015 with an initial seed funding of USD 2 million, ZestMoney quickly made a mark by utilizing artificial intelligence and machine learning for e-commerce consumer…