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Foxconn plans to invest $1.54 billion in India, the latest in its growing expansion plan, following a surge in revenues in the South Asian market. Foxconn said in a stock exchange filing that the investment will help it fulfil “operational needs.” The investment comes two months after the Taiwanese firm said it plans to double […]
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Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. Prosus Ventures, Alpha Wave and Accel co-led Virgio’s Series A funding, valuing the one-year-old startup at $161 million […]
Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding by Manish Singh originally published on TechCrunch
Y Combinator has been on the defense as of late. This past weekend, leaders from the popular accelerator were vocal on X (formerly known as Twitter) in their reaction to a comment made by the CEO of another accelerator at an event. Ali Partovi, who fou…