American gorilla glass maker Corning is setting up a manufacturing unit in Tamil Nadu with an investment of Rs 1,000 crore, we have learnt. This and more in todays ETtech Morning Dispatch.
Agrawal told ET that he will continue to work with the fund in a "non-executive capacity for some time." His departure means only three partners will be left at the firm – Saleem Asaria, Vaidhehi Ravindran and Kartik Srivatsa.
This comes at a time when Saleem Asaria has also stepped back from daily operations, per sources who added that Raghav Rungta has already left Lightrock. Ashish Garg left in September 2022 to join a startup.
Omnichannel furniture retailer Pepperfry narrowed losses slightly to Rs 187.6 crore in FY23 from a year ago while operating revenue grew modestly. This and more in todays ETtech Top 5.
Now, Singapore and Mauritius are asking PE investors regarding what’s more to be done in order to help them stop moving to GIFT-IFSC, commented Dipesh Shah of GIFT-IFSC at MoneyX