Journalist • Moulishree@kr-asia.com
I cover Indian tech, startup, venture capital ecosystems for KrASIA.
The Tokyo-headquartered behemoth reported a net profit of USD 11.8 billion for the April-June quarter.
Razorpay aims to power payments and banking for 50 million businesses by 2025 from the current five million.News
According to Bernstein Research, India’s retail market is expected to reach USD 1.3 trillion by 2025, of which organized retail would be about 15%.
If the proposed investment deal goes through, Zomato would be able to raise over USD 575 million for its ongoing USD 600 million round.
Amidst the mounting backlash from Indian startups, Google has postponed the enforcement of the 30% commission on in-app purchases by six months to April 2022.
Fixel is known for leading Tiger Global’s investment in Indian startups such as Flipkart, Ola, Delhivery, and Quikr, among others.