Avanish Tiwary

Last year, Meesho entered the Indonesian market, where social commerce is much more mature than India.

Startups that have built products for Bharat users—a term used for lower tier cities of India—have started monetizing their content.

Digitizing offline stores in India has emerged as one of the biggest opportunities in the country.

FirstCry is one of the many Indian startups that plans to go public in the next few years.

IvyCap will begin investing in Southeast Asian startups this year, utilizing the IIT alumni network in the region.

The company is targeting a revenue of USD 1 billion in the financial year 2020-21.

Public App has amassed 50 million users on the platform and has plans to expand to global markets.

A handful of startups from tier 2 and 3 cities have raised money from funds like Sequoia Capital, CDC Group, Chiratae Ventures, and RTP Global.