India
The company’s total funding to date stands at $7.5 million.
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Greater China
Regulators looking for ways to prevent top AI startups from being acquired by the West.
Affiliates Ant Group and Alibaba participated in the private funding round.
The funding also saw participation from Indus Bridge Ventures and GJNX Ventures.
Rest of Asia
The deal is the largest leveraged buyout in history.
The company makes optical modules used in AI data centres.
Khosla Ventures and SoftBank Vision Fund 2 participated in the round led by Creaegis.
World
The offer iss backed by about $50 billion in committed financing from banks.
The round attracted more than a dozen domestic and international investors.
The company is scheduled to list on July 27 on the Shanghai Stock Exchange.
