Moulishree Srivastava

Cuemath’s valuation reached USD 171 million, recording a rise of 80% compared to its previous valuation of USD 95 million.

Flipkart competes with Amazon India and Reliance-owned JioMart to get a bigger pie of the e-commerce market that is expected to reach USD 94 billion by 2023.

The Indian startup ecosystem has bounced back on the back of increasing tech adoption in the world’s second-most-populous country.

Krikey marks Reliance Jio’s first investment in gaming segment.

The company said it saw a huge increase in demand following the pandemic and the rapid migration to digital technologies by SMEs as well as traditional offline businesses.

Tata Group would take over the entire 29% stake of BigBasket’s largest backer Alibaba.

In the next 18 to 24 months, ProfitBoard Ventures plans to invest in 100 startups across India and Southeast Asia through its USD 100 million fund.

The government has been working toward enhancing the contribution of the digital economy to 20% of the Indian GDP in the next five years, from the current 7-8%.