Indian hedge fund values local arm of Times Internet-backed Affle at $375 mn

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An Indian hedge fund has agreed to buy shares in the local arm of Singapore-based mobile solutions company Affle Holdings Pte Ltd ahead of its initial public offering.Sumeet Nagar-led Malabar Investments, which was founded in 2008 and is backed by partners which manage assets worth over $15 billion, struck a ......

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