India

In this round of India Digest from July 30 to August 4, 2021, read our big story of the week, the weekly buzz, and more.

The company will soon have its own product lines for groceries, general merchandise, and electronics.

Shein has retreated from Indonesia.

The ten-year-old startup has become the 20th firm to turn into a unicorn this year, and the eighth Indian B2B SaaS platform to enter the billion-dollar club.

With a record number of Indian startups becoming unicorns this year and around a dozen preparing to go public, the availability of venture capital in the market has shot through the roof.

Vietnamese telehealth companies pitch in with free consultation services when movements in public places are restricted.

Until now, Indian startups have not been able to make their mark in the UAE. With Gulf-based investors betting on Indian startups, that is slowly changing.

Chinese state media labels video games as “spiritual opium.”