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Brands by scions attract VC money; Ola Electric layoffs

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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100X.VC invests $2.7 million in 17 early-stage startups

Early-stage investment firm 100X.VC on Saturday said it has invested $2.7 million in 17 startups in its 11th cohort.These startups are based in Mumbai, Bengaluru, Delhi, Pune and Gurugram, among other cities."With these additions, our portfolio .

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