The New York-based company is in talks to buy around 70% of WeWork India at a valuation of about $2.75 billion.
Tiger Global, Sequoia Capital and new investor KTB joined the round.
The country will lead the global growth in ultrahigh net worth individuals, with its numbers rising 39 percent to 2,697 by 2023.
Ola co-founder Bhavish Aggarwal is fighting to maintain his independence against SoftBank Group Corp.
The deal would be valued at about 34 billion rupees ($480 million) at the top of the price range.
The upcoming elections have increased the influence of local retailers that lobbied for growth-crimping curbs on the US giants.
What’s clear is that Amazon and Walmart now have to re-tool their strategy and potentially ward off stiffer competition from physical retailers or l
Reliance intends to take on the world’s largest retailers by combining his Jio service, mobile devices and a vast physical retail network.
The rules require online marketplaces to treat all vendors equally, effectively barring foreign companies from featuring exclusive products on their p
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