Moulishree Srivastava

According to RedSeer, online grocery market is projected to grow to USD 10.5 billion by 2023.

Currently, the service is present in 10 states which will soon be available pan India.

It has primarily invested in five categories—consumer internet, software, business-to-business, healthcare, and financial technology.

Though India has a huge domestic opportunity, the premium smartphone market is pretty limited.

One97 posted a loss of USD 552.1 million for FY19, up 165.5% from USD 207.9 million reported in FY 2018.

All food-delivery companies have reduced giving discounts.

Between 2016 and 2018, the rise in international internet bandwidth led to an increase of approximately USD 24 billion in India’s goods trade.

Yulu has raised USD 8 million from Indian auto manufacturer Bajaj, which will make its electric bikes in India.