Tuesday, July 27, 2021
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More money chases Indian tech start-ups as investors shun Chinese names

At a time when investors are selling Chinese technology stocks, more money is chasing Indian start-ups.Shares of food delivery app Zomato soared as much as 82% in their debut Friday on the National Stock Exchange of India. The initial public offering was priced at 76 rupees per share, or

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Shares of Indian food delivery start-up Zomato jump over 70% in market debut

Zomato food delivery partners is seen on a road in Kolkata , India.Debarchan Chatterjee | NurPhoto | Getty ImagesShares of Indian food delivery start-up Zomato jumped more than 70% in their stock market debut Friday.The initial public offering price was set at 76 rupees a share and the stock

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