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Cobranded credit card rush; threat of complete ban on offshore crypto apps

Happy Friday! Banks are pushing the pedal on their cobranded credit card strategy as they gain traction through large consumer facing internet companies. This and more in todays ETtech Morning Dispatch

IT Q3 earnings off to a weak start; Dealshare s new CEO

The third-quarter IT earnings for FY24 began on a weak note as TCS posted a low single-digit rise in net profit while Infosys saw its profit fall 7%. This and more in todays ETtech Top 5.

Why Fund Managers, Partners Are Quitting VC Firms In India

Partners and fund managers are stepping down from prominent venture capital firms in India, mimicking the exits of founders from Indian startups

Matrix, With Its Middle-East Partner Acix, To Overhaul The Sphere Of Security And Telecom At Partner Connect 2023, Riyadh

Matrix, With Its Middle-East Partner Acix, To Overhaul The Sphere Of Security And Telecom At Partner Connect 2023, Riyadh
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Founders need to have realistic expectations post the downturn, Matrix Partners believes as it closes its largest-ever fund

Balaraman and Tarun Davda, Partner and Managing Director of Matrix Partners India, spoke to Moneycontrol after closing their fourth India-dedicated fund, raising $525 million. Along with General Partner Commitment and employee participation, the fund was closed at $550 million, the two partners said. This fund is the largest ever raised by the venture capital firm and will be used to invest in around 45-50 companies.

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