India’s market regulator tightens IPO disclosure norms after recent lackluster performance of tech startups; firms must disclose KPIs and past pricing details (Manish Singh/TechCrunch)

Chelsey Cox / CNBC:
The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  – The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.

Chelsey Cox / CNBC:
The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  – The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.

Manish Singh / TechCrunch:
Tracxn: Indian startups raised $3B in Q3 2022, down 57% from Q2 and 80% YoY, in 334 deals, down from 674 in Q3 2021; Crunchbase: global funding dropped 53% YoY  —  We are getting a more realistic update on the startup funding landscape in India, and as is true elsewhere, all the figures are in red in the South Asian market.

Manish Singh / TechCrunch:
Byju’s has missed its own deadlines to file audited financials for the year ending March 2021 by nearly 18 months; Indian government demands an explanation  —  It took Byju’s 10 years to become India’s most valuable startup, expanding its empire of online learning apps to many markets including …

Manish Singh / TechCrunch:
Indian B2B marketplace Udaan raised $120M in convertible notes and debt, taking its funding to $350M+ in the past year, and plans an IPO in 12-18 months  —  India’s Udaan has raised $120 million in convertible notes and debt led by existing shareholders and bondholders …

Sam Byford / Reuters:
Japanese fabless SoC design company Socionext closes up 15.07% in its IPO debut, valuing it at ~$960M, in Tokyo’s biggest offering so far in 2022  —  Making its market debut on Wednesday, Japan’s Socionext Inc (6526.T) bucked softening sentiment toward chips by surging 15% in Tokyo’s biggest initial public offering of the year so far.