Darwinbox eyes OTPP purse; Middle East calling for Indian startups

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Happy Thursday! Darwinbox is looking to tap Ontario Teachers’ Pension Plan for fresh capital. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ Amber’s Mysuru plant
■ Infosys’ AI centre
■ Kaynes Sanand OSAT


Canada’s OTPP in talks to invest in Darwinbox; valuation may hit $1 billion: Sources

Darwinbox

Jayant Paleti, Chaitanya Peddi and Rohit Chennamaneni, cofounders, Darwinbox

Canadian pension giant Ontario Teachers’ Pension Plan (OTPP) is on the verge of snapping up a stake in the human resources SaaS unicorn Darwinbox.

Deal details:



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Darwinbox eyes OTPP purse; Middle East calling for Indian startups


Happy Thursday! Darwinbox is looking to tap Ontario Teachers’ Pension Plan for fresh capital. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ Amber’s Mysuru plant
■ Infosys’ AI centre
■ Kaynes Sanand OSAT


Canada’s OTPP in talks to invest in Darwinbox; valuation may hit $1 billion: Sources

Darwinbox

Jayant Paleti, Chaitanya Peddi and Rohit Chennamaneni, cofounders, Darwinbox

Canadian pension giant Ontario Teachers’ Pension Plan (OTPP) is on the verge of snapping up a stake in the human resources SaaS unicorn Darwinbox.

Deal details:



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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