Happy Monday! A new wave of brands founded by second generation entrepreneurs is snagging venture capital. This and more in todays packed edition of ETtech Morning Dispatch.
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At Prestige Polygon Towers in Chennai s Teynampet, hectic preparations are on for a mega global investors meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024.
Asked about the key focus areas of the meet, the agency s managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility.
This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create over 43,000 job opportunities.