Moulishree Srivastava

This is an estimate by HSBC and isn’t Zomato’s current valuation.

9Unicorns will write the check of USD 100,000 for five to seven percent equity per startups.

The company has invested in about 90 companies to date. Three are now unicorns.

Reliance had said its 5G solution will be ready for trials as soon as the 5G spectrum is available and can be ready for field deployment by next year.

To date, Byju’s has raised over USD 1.3 billion from global high-profile investors such as Tencent, Sequoia Capital, Lightspeed Venture Partners, and Bond, among others.

JioSaavn’s local competitor Gaana launched its own short-video app HotShots in July.

Indian technology companies have been trying to distance themselves from their Chinese backers amidst the ongoing political tension.

Jio Platforms had raised USD 20 billion in funding from 13 global high-profile investors including tech giants like Facebook and Google earlier this year.