VerSe valuation sinks; Paytm Q2 profit rises

Happy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ Oracle may bring VSP to India■ Protectt.ai takes over AIShield■ Matiks raises $10 millionDailyhunt parent VerSe Innovation’s valuation plunges nearly 90% to $576 million135222655Umang Bedi, cofounder, VerSe InnovationBritish investor Baillie Gifford has pegged news aggregator Dailyhunt’s parent VerSe Innovation’s implied valuation at $576 million, nearly 90% below its $5 billion peak in 2022.Tell me more: The fund…