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Morgan Stanley Picks Paytm Shares After Stake Sale By Alibaba

Morgan Stanley paid Rs 294 crore for Paytm shares. On the same day, one of the digital payments firm’s early backers, a unit of Alibaba Group Holding, made a partial exit

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Paytm Witnesses 9% Decline As Alibaba Sells 2 Cr Shares: Report

Paytm suffered its steepest fall since November 22 to Rs 528 a share on Thursday

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Alibaba Sells 3.07% Stake In Zomato

Alipay a wholly-owned subsidiary of Alibaba sold 3.07 per cent of shares in Zomato, India's leading online food delivery platform

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Alibaba To Sell Zomato's Shares Worth $200 Mn: Report

The block deal is set to occur at around a 5-6 per cent discount with the broker as investment bank Morgan Stanley

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US Examining Alibaba's Cloud Unit For National Security Risks

Cloud servers are also seen as ripe for hackers to launch cyber attacks because they can conceal the origin of the attack and offer access to a vast array of client networks.

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Sequoia Capital India is the top backer of unicorns

The India-based Sequoia has invested in eight Indian unicorns including Byju's and Unacademcy, followed by Japanese investor Softbank and British Steadview Capital's seven investments each, as per the Hurun India Unicorn Investors List.

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Zomato Employees Burn Company T-shirts To Protest Chinese Investment In Firm

The tumult comes in the scenery of the murdering of 20 Indian warriors in a conflict with Chinese soldiers in eastern Ladakh's Galwan Valley on June 15.

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Indian Online Grocer Grofers Is Likely To Raise $60-$70Million

Major investors like SoftBank and others including Apoletto Asia, Capital, and Tiger Global are expected to invest and back the online grocery retailer.

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BigBasket Joins the Unicorn Club With $150M Funding in Series F Round from Alibaba, Others

Online grocery platform BigBasket becomes the second startup in 2019 to join the unicorn club at a valuation close to $1.2 billion.

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Chinese VC Ganesh Ventures Partners with Alibaba's Jack Ma to Invest $250M in Indian Startups

The first close has been at $30 million, with investors from Europe, Hong Kong, Taiwan and Mainland China backing Ganesh Ventures.

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