MorningUpdates: 1. CRED in talks to raise new funds as valuation slips by over 30% to $4 billion

2. BluSmart may end cab-hailing trip, hit reverse gear, reports ET

3. Foxconn plans first solo UP unit

4. Cricketer Jasprit Bumrah backs luggage startup uppercase as an investor

5. Uniqus Consultech Inc. In Talks To Raise $20 Mn In Fresh Funding Round

6. Accel, Prosus and other VCs close to striking deals with half a dozen AI startups

7. Peter Thiel’s Founders Fund raises $4.6 billion to back growth-stage startups


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