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Sidbi’s new secondaries fund; Oyo’s IPO plansHappy Monday! The central government is planning a new secondaries fund. This and more in today’s ETtech Morning Dispatch.- Kae Capital closes Winners Fund II at Rs 410 croreThe firm, which has backed startups including Zetwerk, Porter, Nazara Technologies and HealthKart, plans to invest in 20 companies through ...
- ETtech Deals Digest: Startups raise $103 million this week as funding drought persistsStartups raised just $103 million across 17 rounds in the last seven days. The funding raised by these companies plunged 85% year-on-year, ...
- 'Big drop' in digital lending complaints; Instamart expands to 25 citiesThe new rules have already had a positive effect, it seems, with complaints about digital lending down significantly in the past fortnight,...
- Tech giants pore over Digital India Act; IPO-bound Servify raises $65 millionWith the Digital India Act in the pipeline, global tech companies are trying to assess its potential impact on their operations, revenue, i...
- Is crypto at the end of its tether?Crypto is having a nightmare in 2022, it’s safe to say, but things could get even worse. That’s because a tether, a lynchpin of crypto trad...
- Winter is coming, Y Combinator warns; startups show solidarity amid layoffsThe famed Silicon Valley startup accelerator has told founders of all its portfolio companies to hunker down, cut costs and extend their ru...
- Binny Bansal’s Flipkart stock sale; Uber’s Rs 2 crore job offer at IITsBinny Bansal, who cofounded Flipkart along with Sachin Bansal, has scooped up a good sum by selling a part of his stake in the company. The...
- Binny Bansal sold part stake in Flipkart in July funding roundBinny Bansal executed a secondary shale sale worth more than $200 million to Tencent Holdings in Flipkart’s latest funding round that pegge...
- NFTs and their uses beyond artNon-fungible tokens, or NFTs, can be used for much more than just certifying digital art pieces and collectibles. In fact, using NFTs only ...
- Edtech startup Brightchamps valued at nearly $500 million with Premji Invest-led fundingPremji Invest has led a new round of funding of $51 million, along with participation from edtech-focused investor GSV Ventures, Flipkart c...
- Govt likely to take ‘middle path’ on crypto; Myntra leaps into live commerceThe Indian government, which is finalising legislation on cryptocurrencies for the winter session of Parliament, is likely to take the “mid...
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