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36Kr (EN)

Amazon India

Building a coherent narrative of India's rapidly changing tech ecosystem.

India Tech

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

India

The newly launched venture fund will back Indian startups and entrepreneurs focusing on digitizing SMBs.

Amazon sets up USD 250 million fund to back Indian startups | KrASIA

Home

Amazon sets up USD 250 million fund to back Indian startups

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

I cover Indian tech, startup, venture capital ecosystems for KrASIA.

https://secure.gravatar.com/avatar/8ee969d23d0ca8a0fdf49239194aee0b?s=96&d=mm&r=g

Moulishree Srivastava

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

In less than four months this year, 11 startups have become unicorns.

SoftBank in talks to lead USD 250 million round in India's banking tech startup Zeta | KrASIA

SoftBank in talks to lead USD 250 million round in India&#8217;s banking tech startup Zeta

Mobility

CarTrade, a Mumbai-based marketplace of new and used cars, is ready to become a unicorn company, those with USD 1 billion-plus valuation, with the recent funding of USD 25 million from Malabar India Fund and IIFL, the regulatory documents filed by the company shows.The 12-year-old firm allotted 1,336, 310 equity shares on March 31 to Malabar and IIFL, and doubled its valuation to USD 967 million (INR 7,100 crore), a report by local media Entrackr said. Prior to this, the company had raised INR 3.2 billion in Series H from existing investors Temasek, Warburg Pincus, and March Capital Partners in June 2020, at a valuation of USD 525 million.

Temasek-backed car marketplace CarTrade inches closer to unicorn status, report says | KrASIA

Temasek-backed car marketplace CarTrade inches closer to unicorn status, report says

Tiger Global

Enterprise services is an over-arching term to describe an architecture combining engineering discipline and computer science to solve practical business problems. 

Enterprise Services

San Francisco and Mumbai-headquartered Gupshup, which enables companies to build messaging services and bots to interact with customers, has raised USD 100 million from Tiger Global at a valuation of USD 1.4 billion. With this, the New York-based hedge fund has catapulted four companies this week to the unicorn club, companies with a valuation of at least USD 1 billion.

Tiger Global catapults Indian enterprise messaging platform Gupshup to the unicorn club with USD 100 million check | KrASIA

Tiger Global catapults Indian enterprise messaging platform Gupshup to the unicorn club with USD 100 million check

Deep Tech

As per industry body Nasscom, which tracks tech startup ecosystem in India, there were over 2,100 deep tech startups till mid last year.

Indian deep tech startups are finally taking off | KrASIA

Indian deep tech startups are finally taking off

Indian social media startup ShareChat, which also runs short video app Moj, has landed a half-a-billion dollar check from New York-headquartered hedge fund Tiger Global, American social media giant Snap, and Twitter, among others.The USD 502 million funding round has pushed ShareChat’s valuation to USD 2.1 billion from reportedly USD 650 million last September when it raised USD 40 million in a pre-Series E round. With this, ShareChat becomes the tenth startup to become a unicorn, a startup with USD 1 billion valuation.

Indian social media firm ShareChat raises USD 502 million from Tiger Global, Snap; becomes a unicorn | KrASIA

Indian social media firm ShareChat raises USD 502 million from Tiger Global, Snap; becomes a unicorn

Health Tech

Medical technology, or "medtech", encompasses a wide range of healthcare products and is used to treat diseases and medical conditions affecting humans. 

MedTech

By the financial year 2025, e-pharmacy firms in India are likely to reach a gross merchandise value of USD 13.3 billion.

Indian e-pharmacy startup PharmEasy raises USD 350 million, becomes unicorn | KrASIA

Indian e-pharmacy startup PharmEasy raises USD 350 million, becomes unicorn

Swiggy

Food Delivery

The food industry is booming! Both traditional companies and startups are using technology to transform the dynamics of the food sector.

Food Tech

Food delivery giant Swiggy has raised USD 800 million in a round led by Falcon Edge, Think Investments, Carmignac, Amansa Capital, and Goldman Sachs, as its arch rival Zomato prepares to go public this year.The latest funding has boosted the Bengaluru-based startup’s valuation to almost USD 5 billion from USD 3.7 billion in February last year when it raised a USD 158 million round, local media reports said citing sources.

Swiggy raises USD 800 million round ahead of Zomato's public listing | KrASIA

Swiggy raises USD 800 million round ahead of Zomato&#8217;s public listing

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

India's startup ecosystem, which bounced back from the COVID-19 induced slump in the second half of 2020, is seeing an increased interest from global investors.Homegrown startups raised USD 3.65 billion in the first quarter of 2021, an increase of 13.4% over the corresponding period last year, local media Economic Times (ET) said, citing data from intelligence platform Tracxn. Another research firm, Venture Intelligence, puts this number at USD 4.2 billion, 40% higher than that in the first quarter of 2020 when Indian startups raised USD 3.5 billion.