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

Between 2016 and 2021, local fintech firms raised over USD 16.5 billion, of which 60% of the capital flowed in the last three years.

BigBasket is reportedly working to roll out an express delivery service called BB Now to catch up with its existing and new rivals—all of which are now focusing on quick commerce.

In this round of India Digest from December 31, 2021 to January 6, 2022, read our big story of the week, the weekly buzz, and more.

CoinDCX is heavily focused on educating users and regulators about crypto and blockchain technology.

Under the investment deal, Dunzo will also power last-mile deliveries for retail stores operated by Reliance Retail.

E-commerce giants Amazon and Flipkart saw their revenue from operations surge by 49% and 32% respectively in FY 2021 as millions of people opted to shop online due to the COVID-19 pandemic.

India witnessed 97 mega deals—rounds over USD 100 million—worth USD 24 billion in 2021, compared to 28 such investments worth USD 5.5 billion in 2020.