Warburg rejoins Kalyan goldrush; Fintechs hit insurance wall

Happy Wednesday! Warburg Pincus is in talks to invest in Kalyan Jewellers’ Candere. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ India’s semicon breakthrough
■ New Flipkart CTO
■ InMobi Glance COO

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Warburg eyes 10% of Kalyan Jewellers’ Candere for Rs 850 crore

Warburg Pincus is eyeing a glittering return to Kalyan Jewellers, this time through its online lifestyle brand, Candere. The global private equity firm, which exited Kalyan last year, is now in talks to acquire a 10% stake in Candere, according to people…