With the new funding rounds, Swiggy will sharpen the focus on quick commerce, while Ola Electric will ramp up the production of its two-wheeler EVs.

In this round of India Digest from January 14 to January 20, 2021, read our big story of the week, the weekly buzz, and more.

Huddle’s Sanil Sachar believes that many enabler solutions will emerge in 2022 and 2023.

The percentage of growth and late-stage companies focusing on profitability rather than growth has come down to 14% in 2022 from almost 35% in 2021.

The development comes barely a week after a dozen edtech firms came together to create and adopt a self-regulatory code of conduct.

India added the most unicorns in the fintech sector last year, followed by e-commerce, SaaS, and health-tech.

Even as several NFT concerns loom in the South Asian nation, an increasing number of NFT startups are now on the rise.

India is creating a regulatory framework for online education companies to prevent a monopoly and the exploitation of students.