Multiple people in the know have told me that the insurance regulator is not comfortable with the typical corporate structures of startups, and may not be in favour of granting them an insurance manufacturing licence. The regulator wants these firms to get rid of any holding company structures, onboard investors directly into the applying entity, and have founders bring in sufficient amount of net worth before applying.
Infosys adopts 'In-person collab weeks' – presence mandatory theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.
Infosys enforces In-Person Collab Weeks for ENG-IoT employees, urging them to work from office for a minimum of 10 days per month. The company aims to enhance collaboration and ideation through Gen AI programs and strategic partnerships.
Infosys enforces In-Person Collab Weeks for ENG-IoT employees, urging them to work from office for a minimum of 10 days per month. The company aims to enhance collaboration and ideation through Gen AI programs and strategic partnerships.
The Mumbai-based Zepto is eyeing a valuation of around $2.5-3 billion, as against the $1.4 billion it was assigned on turning unicorn last year, sources said. This is a huge bump up amid a largely sluggish funding market even for Zepto which has been growing fast.