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India's late-stage tech funding stuck due to high valuations: SoftBank's Sumer Juneja

Published: August 28, 2023

Happy Monday! We ended last week with Zeptos $200-million funding, a rare large-sized round which made the quick-commerce company 2023s first unicorn. We now turn our attention to late-stage startups that are refusing to accept cuts in their valuations, something thats keeping SoftBanks venture capital arm at bay. This and more in todays ETtech Morning Dispatch.

Source: indiatimes.com

government policies: Govt needs to update policies for new tech businesses: Karnataka IT minister Priyank Kharge at ET Soonicorns Summit

Published: August 27, 2023

The minister cited the 28% GST on online gaming firms as an example that the government needs to "reset" its policies. The Soonicorns summit saw participation from a range of startup executives and investors across sectors.

Source: indiatimes.com

People Digest: Speciale Invest makes top hire; Blume Ventures promotes 2 execs

Published: March 20, 2023

Speciale Invest has named Vishnu Rajeev, formerly with Avaana Capital, as Investment Principal.

Source: dealstreetasia.com