Skyroot seeks bids for a valuation of $2 billion; River’s big $120 million funding round; and SBI’s UPI MDR windfall | MC Tech3

In today's Tech3 from Moneycontrol, Skyroot Aerospace flips the traditional fundraising playbook by inviting investors to bid for its next round at a $2 billion valuation. River Mobility secures India's biggest private EV funding round this year, raising $120 million to expand manufacturing and retail. We also explain why SBI and other banks could be the biggest beneficiaries if UPI merchant charges return, and why Meta CEO Mark Zuckerberg apologised to the Indian government over content moderation lapses as regulatory scrutiny intensifies. Plus, a quick look at PB Fintech's strong first-quarter earnings.