Insights
Is the Indian edtech sector in a bubble? | KrASIA Year in Review
Investors who KrASIA spoke with believe there may be an edtech bubble in making as there has been over investment in the sector.
8 mins read
Moulishree Srivastava
Journalist • [email protected]
I cover Indian tech, startup, venture capital ecosystems for KrASIA.
In August, PharmEasy acquired smaller rival Medlife.
Amazon rolled out its online medicine delivery service, Amazon Pharmacy, in India in August eyeing the country's booming e-pharmacy market.
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.