Find XO: Excel and Prosus Selected Only 6 Startups from 2,000 Applications (techcrunch.com)

- Excel and Prosus selected six Indian startups and invested between $500,000 and $2 million in each. - It is noteworthy that they invested in proprietary technology aimed at solving regional problems, but it is difficult to conclude from this alone that the entire investment market has shifted toward deep tech. - For teams applying, it's important not only to explain how unique their technology is but also to clearly state why customers would pay for it.