3AC co-founder Kyle Davies tells a US court he is not subjecting himself to or accepting the jurisdiction of US courts since he renounced citizenship in 2020 (Colin Wilhelm/The Block)

Colin Wilhelm / The Block:3AC co-founder Kyle Davies tells a US court he is not subjecting himself to or accepting the jurisdiction of US courts since he renounced citizenship in 2020  —  – Three Arrows Capital co-founder Kyle Davies said he renounced his U.S. citizenship, and that U.S. courts no […]

A regulatory disclosure shows that Fidelity has halved the valuation of Indian business messaging startup Gupshup to $697M, down from $1.4B in July 2021 (The Economic Times)

The Economic Times:A regulatory disclosure shows that Fidelity has halved the valuation of Indian business messaging startup Gupshup to $697M, down from $1.4B in July 2021  —  Fidelity Blue Chip Growth Fund’s stake in the San Francisco-headquartered startup was valued at nearly $11.09 million as of April 30, 2023, which […]

Sources: Tiger Global has completed its exit from Flipkart, in a years-long selloff that led to gains totaling $3.5B (The Economic Times)

The Economic Times:Sources: Tiger Global has completed its exit from Flipkart, in a years-long selloff that led to gains totaling $3.5B  —  The US fund exits online retailer with a 4% stake sale to Walmart in final deal of phased selloff.  —  New York-headquartered investment firm Tiger Global informed its […]