India Tech

Over 200 small and mid-sized retail technology companies have raised a total of USD 843 million between January and September 2021.

With 29.5 million monthly active users, the team at Bigo Live knows a thing or two about working with content creators.

In this round of India Digest from September 17 to September 23, 2021, read our big story of the week, the weekly buzz, and more.

One content creator’s arrest has sparked public outrage.

Nearly 70 million people are expected to shop online during the first week of festive sales, which will kick off in early October.

The world’s most controversial EV maker heads to China.

Indian SaaS companies currently generate USD 2–3 billion in annual revenue, representing about 1% of the USD 220 billion global SaaS market.

Freshworks’ share price surge up to 33% to around USD 48 on the back of high investor demand, while its market capitalization ballooned to USD 13 billion on the first day of trading.