Monday, August 28, 2023

India’s late-stage tech funding stuck due to high valuations: SoftBank’s Sumer Juneja

Happy Monday! We ended last week with Zepto’s $200-million funding, a rare large-sized round which made the quick-commerce company 2023’s first unicorn. We now turn our attention to late-stage startups that are refusing to accept cuts in their valuations, something that’s keeping SoftBank’s venture capital arm at bay. This and more in today’s ETtech Morning Dispatch.

from Tech-Economic Times https://ift.tt/dX6Nnfx

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

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