As placement season kicks off in the Indian Institutes of Technology (IITs) across the country, students are nervous about landing jobs as a shadow of the tech slowdown lurks on campus. This and more in todays ETtech Top 5.
Unified Payments Interface (UPI), the real-time bank transfer mechanism, breached the 10 billion monthly transaction volume mark last month. And with the festive season not too far away, one can only expect it to grow more in the coming months. But what does this 10 billion really mean — and how did we get here?
According to a research note by Bain & Company shared exclusively with ET, Private equity and venture capital funds invested $ 21 billion in the first six months of 2023 on par with the deal value recorded in the first half of 2019.
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Juneja, managing partner, India & EMEA (Europe, Middle East and Africa) at SoftBank Investment Advisers, most of the top technology companies in India are well capitalised and have cut costs over the past year, leading to their unwillingness to opt for a down round.