India Tech

Zomato is looking to list itself in India and reportedly plans to raise USD 6 to 8 billion during IPO.

Meesho’s revenue revenue in FY 2020 grew to USD 42 million recording almost a four-fold rise from USD 11 million a year earlier.

With the Indian government amending FDI rules and banning two of its services in the country, Alibaba’s prospects of building a business empire in India came to a dead-end.

Earlier this month, Koo raised USD 4 million Series from 3one4 Capital, Accel Partners, Kalaari Capital, Blume Ventures, and Dream Incubator.

BharatPe is eyeing another USD 100 million-check after March to beef up its credit offerings.

Grofers, which is now present in 38 cities, said its sales volume grew 80% in 2020.

According to the latest data released by the National Payments Corporation of India (NPCI), the total UPI-led transactions on WhatsApp Pay in January this year fell by 31%.

VerSe plans to bring more local language content on the platform, enhance AI and ML capabilities, and develop tools for content creators.