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Happy Monday! Rising competition in quick commerce is driving heavy spending on performance marketing. This and more in today’s ETtech Morning Dispatch.
Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
IT major Infosys has begun laying off hundreds of employees who joined in October after a delayed onboarding. This and more in today’s ETtech Top 5.
Tech Bytes
Sebi cracks down on finfluencers selling stock tips in the name of education
Sebi has issued a draft circular to restrict finfluencers from using the latest share price data when providing educational content. The regulator also prohibits non-registered finfluencers from making claims about returns, with penalties for violations including fines or suspension of registration.
Elon Musk hosts Indian entrepreneurs at Texas SpaceX facility
The gathering, led by India Global Forum (IGF) founder Manoj Ladwa, included entrepreneurs engaging with Musk. The delegates also toured the Starbase facility, where they saw the successful launch and booster catch of SpaceX’s Starship Flight 7.
After ticket scalping controversy, Coldplay fans to get live stream of Ahmedabad concert
The British rock band is currently performing in various locations across the globe as part of their "Music of the Spheres World Tour."