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Dunzo has been struggling to finalise crucial funding amid a cash crunch, as a valuation mismatch among stakeholders has become a point of contention between investors, ET reported on August 22.
Some technology experts believe innovative commercial software developers now entering the arms market are challenging the dominance of the traditional defense industry, which produces big-ticket weapons, sometimes at glacial speed.
Delegates and other guests visiting the Digital India Experience Zone, set up at the Bharat Mandapam, will also be able to experience the journey of Digital India initiatives via virtual reality.
The total funding in late-stage startups, driven by Ather and Ola Electric, amounted to $292 million, accounting for nearly two-thirds of the fund infusion this week. Early-stage startups secured $131 million, while seed-stage startups received $24 million.
Startups are being asked for three-year income tax returns (ITRs) of their shareholders by the department, he said.