MUFG’s new India fund; District goes sporting

Happy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and more in today’s ETtech Morning Dispatch.

Also in the letter:

■ Ola's QIP move

■ LVX's AI play

■ UPI logs strong May

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^{Japan’s MUFG readies $250 million India fund as investor mix shifts in startup funding}