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Apple chief executive Tim Cook has said the US tech major is “excited” to be building on its over 25-year history in India, where the company is opening its first two retail stores this week, underlining the smartphone major’s growing focus on the South Asian nation.
With close to $6 billion deployed so far, global private equity giant Warburg Pincus is ramping up its presence in India. Warburg Pincus began investing in India in the mid 90s, starting with companies such as Bharti Airtel, HDFC and Nicholas Piramal.
Beverage maker Coca-Cola is set to acquire a minority stake in online food ordering platform Thrive, a food search and delivery platform which has partnerships with over 5,500 restaurants and directly competes with Swiggy and Zomato.
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