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Unicorn sightings slump; Tata's chip exports

Happy Tuesday! Despite deal activity in late-stage startups showing signs of a revival, new unicorns arent being birthed. This and more in todays edition of ETtech Morning Dispatch.

unicorn startups: Unicorn sightings become rare as VCs shun that leap of faith

Investors are going back to the same list of startups they have already backed to write bigger cheques leading to new unicorn sightings becoming rare. Only Perfios and Ola founder Bhavish Aggarwals Krutrim AI have become unicorns so far in 2024, and the number was the same for the whole of 2023.

Apps ban: Retaliatory step signals intent, blocks China access to growing youth market

Business News: The 10 unicorns from India that add heft in its global race

Flush with funds, venture capitals scout for startup deals

Investors have recently begun actively looking for investment opportunities and funding Indian startups after a short period of inactivity. Recently,

April brings funding cheer to Indian startups

In April, Indian startups recorded $726 million in 68 deals, from $298 million in 43 deals in April of 2023 - a spike of about 144 percent.

About $17.2B infused in Indian startup ecosystem by venture capital firms during Jan-July: Report

Where Does Bengaluru Stand In The Global Ranking Of Startup Funding Ecosystems

About $17.2B infused in Indian startup ecosystem by venture capital firms during Jan-July: Report