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Nilekani and Tata-backed Avanti Fin to raise $40m

Avanti Finance, the micro loan-focused NBFC promoted by Ratan Tata and Nandan Nilekani from their personal philanthropic funds, is looking to raise $30-40 million (up to Rs 285 crore) by April 2020 in fresh equity from impact investors and domestic financial institutions to fuel growth.

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Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

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