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India’s MobiKwik surges 82% in market debut
Shares in digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading, as the Indian fintech company made its market debut amid fierce competition from larger rivals. The listing pushed MobiKwik’s market value to $464 million, well above its initial target of $250 million for the public offering. This remains…
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The DOJ wants a Perplexity executive to testify in its Google antitrust case
The US government is calling on a Perplexity executive to help make its case that Google is a monopolist. © 2024 TechCrunch. All rights reserved. For personal use only.
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Insight VC describes Databricks’ wild $10B deal and the bad advice the CEO ignored
It’s been a wild week for investors clawing their way into Databricks’ record-breaking $10 billion fund raising, one of the VCs told TechCrunch. © 2024 TechCrunch. All rights reserved. For personal use only.