Suits & Sayings: Quiet Interest

A high-profile New York-based venture fund, famed for its hotshot tech bets, showed interest in a fast-rising Indian quick commerce unicorn. The fund’s founder, closely related to a prominent political household in the US, hasn’t made any prior forays into India. The talks were part of a wider funding round and were largely exploratory. But the very whiff of this famous fund has set the startup sector abuzz.

(For more on our weekly roundup of wackiest whispers and murmurs in corporate corridors & policy parlours, pick up today's edition of The Economic Times newspaper)