News
In May, Walmart-owned PhonePe signed the term sheet to acquire an over 90% stake in Indus OS, to boost its super app dream on the back of the latter’s content and app discovery platform.
Downloads of Koo’s app skyrocketed after Indian ministers asked their followers to move from Twitter to the Indian platform.
Since late last year, Tata Group has been out in the market to acquire internet companies to create a super app.
With rising customer acquisition costs in core edtech segments like K-12, many startups have begun to chase overseas markets to drive growth.
