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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. ....
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. ....