JetSynthesys, backed by Adar Poonawalla and Sachin Tendulkar, may go public within 18-36 months to fund expansion. The company targets 20-fold growth in gaming, entertainment, and wellness sectors. It recently invested $4.5 million in Saudi game developer UMX Studio and launched the Global eCricket Premier League, aiming to combine cricket, gaming, and entertainment.
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields.