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I cover Indian tech, startup, venture capital ecosystems for KrASIA.
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Last month, Microsoft also announced it's bringing its venture fund arm M12 to the country to invest in enterprise startups in the Series A through C funding stages.
The latest investment will deepen the ties between the two giants enabling Jio Platforms to roll out advanced 5G infrastructure and services for its 388 million user base.
Arvind Fashions has a portfolio of 27 fashion brands including Flying Machine, Newport, Excalibur, US Polo Assn., Arrow, GAP, Arrow, Tommy Hilfiger, and Calvin Klein.
Equity funding in H1 2020 decreased by around 29% to USD 4.2 billion across 461 rounds, from USD 5.9 billion funding in H1 2019, the report said.
RedSeer and Omidyar Network predict the edtech user base for the K-12 segment would grow to 110 million by 2022, from 25 million last year.
Paytm forayed into insurance in 2018 and has been trying different approaches to expand its presence ever since.
In the first half of 2020, Indian edtech startups have raised USD 795 million, as compared to USD 108 million it attracted in the same period last year.
BII's investors seek outstanding entrepreneurs first, then dive in to learn about their sector.
With the Intel Capital funding, Jio Platforms has raised USD 15.7 billion by diluting 25.09% equity.