our weekend newsletter packed with the most important stories from this week. Let’s take a look.

Closing new deals in India despite Byju's debacle: Prosus CEO: Fabricio Bloisi, the newly-appointed CEO of Dutch technology investment firm Prosus and its parent Naspers, said he will continue to back early-to-late stage companies in India despite the $500 million write-off incurred on the collapse of its once high-flying portfolio firm, Byju’s.Fair pricing, macros aiding listing pop for new-age tech IPOs: SoftBank’s Sumer Juneja: The listing gains snagged by SoftBank’s India portfolio firms, Ola Electric, FirstCry, and Unicommerce, are the result of sensible IPO pricing, favourable macroeconomic conditions, and the growing acceptance of technology firms by the capital markets

After raising $50 million, SaaS startup Loginext liquidates assets to US entity for $250k: Tiger Global and Steadview Capital-backed logistics software-as-a-service (SaaS) startup Loginext Solutions has sold its assets for a paltry sum of $250,000 to a Delaware-registered entity—Stellation Inc—as part of a liquidation, winding up, and dissolution process, according to documents.

Zepto set for another $310 million funding: Zepto is set to raise another $310 million that will value the quick-commerce firm at $5 billion post-funding, a 40% jump from its last round closed just over a month ago. This will take the total funds raised to nearly $1 billion in two successive rounds for the three-year-old firm.`

Ather enters unicorn lane with $71 million from govt’s NIIF: Electric scooter maker Ather Energy has cruised into the unicorn league after closing a Rs 600-crore ($71 million) funding from existing investor the National Investment and Infrastructure Fund (NIIF). Post-funding, Ather has been valued at $1.3 billion (about Rs 10,900 crore), they said.

Sachin Tendulkar pads up to venture out with a new sports brand: Sachin Tendulkar is set for a new innings–off the pitch. The legendary cricketer is becoming an entrepreneur by launching a new sports athleisure brand jointly with former Swiggy Instamart head Karthik Gurumurthy, people aware of the development told us.

Ola Electric shares up 75% from IPO issue price: Shares of Ola Electric have surged 75% to a record high of Rs 133, surprising both positional traders and longer-term investors.

Meanwhile, the Ola group of companies on Thursday made a slew of product announcements, including electric motorcycles, quick commerce dark stores, and AI computing chips.

FirstCry shares list at 35% premium over IPO price: Brainbees Solutions, which operates the kidswear brand FirstCry, made a stellar debut on stock exchanges on Tuesday.

Unicommerce makes multibagger market debut: Ecommerce software firm Unicommerce Esolutions Ltd listed on the stock exchanges Tuesday at a significant premium to its issue price

How fintech startups are dealing with bleak credit cards outlook: The slowdown in new credit card issuance in the country is expected to intensify over the next few quarters, thereby increasing the pain for fintech startups operating in this space as lenders prioritise credit quality amid tighter regulatory scrutiny.

How the burgeoning presence of Tata Group is transforming Tamil Nadu's industrial hub Hosur: Separated by almost 2,000 kilometres, Tatanagar in Jamshedpur and Hosur’s Thimjepalli may not have much in common. But the two places—in Jharkhand and Tamil Nadu, respectively—are tied by a common thread: the Tata Group.

Byju’s vs BCCI: SC stays NCLAT order that set aside insolvency case against edtech: The Supreme Court on Wednesday stayed the National Company Law Appellate Tribunal’s (NCLAT) order that approved the settlement deal between edtech major Think & Learn Pvt Ltd, the parent of online educational services company Byju's, and the Board of Control for Cricket in India (BCCI).

India’s big AI opening is at application level on top of LLMs: Andrew Ng: The generative AI moment has given startups and enterprises a more level playing field today than ever, with India standing on the verge of opportunities and should focus on building out the application layer on top of foundational models,