Indian startups gut valuations ahead of IPO push

Two large Indian startups, Ola Electric and FirstCry, are set to test investor appetite with their public listings this month, but both have had to price their shares below their previous valuations as they come to terms with new market realities. Ola Electric, India’s biggest electric two-wheeler maker, aims to raise over $730 million by … Read more

EU greenlights HPE’s $14B Juniper Networks acquisition

The European Commission (EC) has given the go-ahead to HPE’s planned megabucks acquisition of Juniper Networks, concluding that the proposed transaction “would raise no competition concerns in the European Economic Area.” The news comes a little more than a month after HPE notified the EC of the planned transaction. HPE first announced its intentions to dole out … Read more