India Tech

The Indian startup ecosystem has bounced back on the back of increasing tech adoption in the world’s second-most-populous country.

Krikey marks Reliance Jio’s first investment in gaming segment.

The company said it saw a huge increase in demand following the pandemic and the rapid migration to digital technologies by SMEs as well as traditional offline businesses.

Tata Group would take over the entire 29% stake of BigBasket’s largest backer Alibaba.

Cred rewards credit card holders with points for paying their bill on time.

In the next 18 to 24 months, ProfitBoard Ventures plans to invest in 100 startups across India and Southeast Asia through its USD 100 million fund.

The government has been working toward enhancing the contribution of the digital economy to 20% of the Indian GDP in the next five years, from the current 7-8%.

Gurugram-based Cars24 saw its valuation double to USD 1 billion after raising USD 200 million Series E round led by DST Global.