India may gain from Chinese aggression on tech companies newsx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsx.com Daily Mail and Mail on Sunday newspapers.
Mike Philbrick s Top Picks: July 16, 2021
Brookfield to launch private REIT with assets from Oaktree
Record U.S. stock rally stalls with inflation rising
Reddit traders are upending the world of credit investing, too
Tyler Mordy s Top Picks: July 15, 2021
JPMorgan strategist warns of dot-com era bull trap in Ark fund
Ex-lawyers whose fund rose 53% this year see markets as frothy
Megacap tech stocks roar back into vogue as haven from slowdown
Gordon Reid s Top Picks: July 14, 2021
Christine Poole s Top Picks: July 13, 2021
Jamie Murray s Top Picks: July 12, 2021
CPPIB invests US$800M in India s Flipkart Group
Virgin Galactic sinks on stock-sale plan after Branson trip
Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world’s second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China. Food-delivery app Zomato Ltd. became the nation’s first unicorn to make its stock-market debut, raising $1.3 billion with backing from Morgan Stanley, Tiger Global and Fidelity Investments. The parent of digital payments startup Paytm filed a draft prospectus for what could be India’s biggest IPO at $2.2 billion, while retailer Flipkart Online Services Pvt raised $3.6 billion at a $38 billion valuation, a record funding round for an Indian startup.