India Digest: JC Flowers-Ambit to ink JV; Startup initiatives from Uber & Microsoft-RIL

India Digest: JC Flowers-Ambit to ink JV; Startup initiatives from Uber & Microsoft-RIL

Global ride hailing app major Uber and Microsoft-RIL joint venture reported updates on their startup mentoring initiatives while US-based PE firm J C Flowers is planning to set up a joint venture with Ambit Holdings for distressed assets in India.

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