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Happy Monday! UPI's ease of use is driving a shift to cashless payments, leaving debit cards behind. This and more in todays ETtech Morning Dispatch.

Conversations over boosting supply of capital to homegrown startups have come at a time when the startup ecosystem is experiencing a major slowdown. According to Infosys cofounder S Kris Gopalakrishnan, there is significant wealth in the country and family offices or fund managers should allocate at least 15% of their investments to the startup ecosystem as a thumb rule.

Nexus Venture Partners cofounder Naren Gupta passes away : Rashtra News #Nexus #Venture #Partners #cofounder #Naren #Gupta #passes Naren Gupta, cofounder of Nexus Venture Partners and a pioneer in the Indian venture capital and startup ecosystem, passed away on December 25. “It is with profound sadness that we announce the sudden demise of Narendra Gupta

A US-based venture capitalist recently invested Rs 30 crore in the Bhubaneswar City Knowledge Innovative Centre (BCKIC), supporting startups in Odisha, particularly in science and technology fields. The investment aims to boost innovation and knowledge sharing.

CII launched a corporate governance charter for startups, including a self-evaluative scorecard. The tool allows startups to measure their governance progress, with score changes indicating improvements in governance practices as assessed against the scorecard from time to time.