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Ironclad Asset Management has launched Ironclad Ventures, a ₹200 crore SEBI-approved ESOP secondaries fund. It will enable startup employees to monetize stock options while offering HNIs and family offices access to VC-backed startups across fintech, SaaS, AI, consumer, and digital sectors.
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Moody’s affirmed Tata Motors’ Ba1 rating but changed its outlook to negative, citing delays in recovery after a cyber attack disrupted Jaguar Land Rover operations. A full recovery in credit metrics could take several months.
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