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CRED founder Kunal Shah backs Carl Pei s upcoming venture in an undisclosed amount of funding

CRED founder Kunal Shah backs Carl Pei s upcoming venture in an undisclosed amount of funding Carl is working on a new consumer electronics company that I am sure will be a disruptor in the tech industry. I am excited to be part of this journey,” Kunal Shah said. TechSamvad January 22, 2021 12:58:35 IST Carl Pei Kunal Shah, the founder of fintech company CRED, has invested in OnePlus co-founder Carl Pei s new venture. The amount invested has not been disclosed. Pei had co-founded OnePlus, which now ranks among premium smartphone companies, in 2013. He quit OnePlus in October last year to start a new venture.  Carl Pei has now received seed investment from India with Kunal Shah, founder of CRED, adding Carl s London based venture into his portfolio, a statement said. Details of Pei s new venture will be announced on 27 January, it added.

Rallye Launches a Global Tender Offer for Its Unsecured Debt as Part of a Modified Dutch Auction Procedure

Rallye Launches a Global Tender Offer for Its Unsecured Debt as Part of a Modified Dutch Auction Procedure Rallye (Paris:RAL) On February 28, 2020, the Paris Commercial Court approved Rallye s safeguard plan, which provides for the repayment of its liabilities to be rescheduled between 2023 and 2030 1 Rallye has launched today a global tender offer for its unsecured debt (including the bonds and commercial paper) as part of a modified Dutch auction procedure (the Tender Offer Tender Offer The purpose of the Tender Offer is to (i) provide holders of unsecured debt with the opportunity of having all or part of their claims repurchased at a price determined as part of a modified Dutch auction and to (ii) improve Rallye s debt profile, in the context of the implementation of its safeguard plan approved on 28 February 2020 by the Paris commercial court.

Sveriges Riksbank: RESULT OF SEK TENDER OPERATION FOR ONWARD LENDING

AuctionAuction resultsAuction date2021-01-22Settlement date2021-01-26Final repayment date2025-01-27Offered volume, SEK bn50Total bid amount, SEK bn0Number of bids0Alloted volume, SEK bn0Interest rateRepo

Govt expects debt-to-GDP ratio to fall in few years

ISLAMABAD: Government on Wednesday projected debt-to-GDP ratio to decline over the next few years as most of the major adjustments to fiscal and monetary policies have been made.The change in the.

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