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

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.

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SoftBank plans more exits from India portfolio after pulling out $5 5 bn

Late-stage technology investor SoftBank Investment Advisors has made more than $5.5 billion in exits from its Indian portfolio since it began operations in November 2018 ..

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SoftBank plans AI tour for Indian startup founders to boost technology adoption

SoftBank plans AI tour for Indian startup founders to boost technology adoption
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SoftBank India Portfolio Yields $5 5 Bn In Exits Since 2018

SoftBank has made more than $5.5 Bn in exits from its India portfolio since 2018, said Sumer Juneja, the firm’s managing partner.

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SoftBank plans AI tour for founders to boost technology adoption, ET Telecom

SoftBank, led by Masayoshi Son, began making startup investments again in the June quarter after coming to a virtual halt as investors soured on money-losing startups.

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