Happy Tuesday! Despite deal activity in late-stage startups showing signs of a revival, new unicorns arent being birthed. This and more in todays edition of ETtech Morning Dispatch.
Tata Group s strategic moves in high-tech manufacturing, including semiconductor investments and potential Pegatron acquisition, align with India s Make-in-India program. The Tata Group is poised for significant expansion in technology fields, with plans to inject over $120 billion into emerging business sectors and group focal points such as semiconductors, defense, electric vehicles, and Air India.
Slush 2023 saw over 13,000 participants, including 5,000 startup founders and operators, in addition to around 3,000 investors managing a combined total of $3 trillion in assets.
Iphone: With the expanded unit, which could take about 12-18 months to be completed, the Hosur unit is likely to employ 25,000-28,000 people in one place,