Warburg rejoins Kalyan goldrush; Fintechs hit insurance wall

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Happy Wednesday! Warburg Pincus is in talks to invest in Kalyan Jewellers’ Candere. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ India’s semicon breakthrough
■ New Flipkart CTO
■ InMobi Glance COO


Warburg eyes 10% of Kalyan Jewellers’ Candere for Rs 850 crore

warburg

Warburg Pincus is eyeing a glittering return to Kalyan Jewellers, this time through its online lifestyle brand, Candere. The global private equity firm, which exited Kalyan last year, is now in talks to acquire a 10% stake in Candere, according to people…



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Warburg rejoins Kalyan goldrush; Fintechs hit insurance wall


Happy Wednesday! Warburg Pincus is in talks to invest in Kalyan Jewellers’ Candere. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ India’s semicon breakthrough
■ New Flipkart CTO
■ InMobi Glance COO


Warburg eyes 10% of Kalyan Jewellers’ Candere for Rs 850 crore

warburg

Warburg Pincus is eyeing a glittering return to Kalyan Jewellers, this time through its online lifestyle brand, Candere. The global private equity firm, which exited Kalyan last year, is now in talks to acquire a 10% stake in Candere, according to people…



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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