Moulishree Srivastava

Delhivery is Addition’s second investment in the country, which comes a year after Fixel made his first bet in India on location-based social networking platform Public.

Ankur Capital has expanded its scope of investment to include biotech, fintech, mobility, and services involving local languages.

MapMyIndia is reportedly looking at a USD 164 million (INR 1.2 billion) IPO at a valuation of around USD 684–820 million (INR 50–60 billion).

REVOS is present across India, China, Vietnam, Nepal, and Egypt and is planning to enter Europe and other parts of Southeast Asia.

The handshake between the two payment gateway giants will make PayU one of the largest online payment providers locally and globally by total payment volume.

Earlier this month, Ola launched its two-wheeler EV Ola Scooter and ventured into the used car retailing space.

By 2025, India is expected to become a USD 100 billion addressable market for D2C brands.

A host of companies like Lenskart and Dream Sports, which entered the unicorn club in the last few years, are expected to drive strategic investments in startups.