Antfin to exit Eternal; OpenAI’s mega buyback

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Alibaba Group’s Antfin is set to divest its entire stake in Eternal, its second India exit in as many days. This and more in today’s ETtech Top 5.

Also in the letter:
■ ETtech Done Deals
■ Indian cos’ head in the cloud
■ Intel’s manufacturing block


Antfin likely to offload entire Rs 5,368 cr stake in Eternal via block deal

Deepinder Goyal

Deepinder Goyal, CEO, Eternal

Alibaba Group affiliate Antfin Singapore is set to sell its entire 1.95% stake in Eternal through a block deal on Thursday, as per the terms reviewed by ET. The move comes just a day after…



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Antfin to exit Eternal; OpenAI’s mega buyback


Alibaba Group’s Antfin is set to divest its entire stake in Eternal, its second India exit in as many days. This and more in today’s ETtech Top 5.

Also in the letter:
■ ETtech Done Deals
■ Indian cos’ head in the cloud
■ Intel’s manufacturing block


Antfin likely to offload entire Rs 5,368 cr stake in Eternal via block deal

Deepinder Goyal

Deepinder Goyal, CEO, Eternal

Alibaba Group affiliate Antfin Singapore is set to sell its entire 1.95% stake in Eternal through a block deal on Thursday, as per the terms reviewed by ET. The move comes just a day after…



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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