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The company, which shows content and ads on smartphone lock screens, is giving up on wooing users and advertisers and shifting to wooing developers.

The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.
The Indian mother and baby products retailer has been slow to grow in the two largest markets of the Gulf. What gives?
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.