CTO Parag Agrawal has done ‘transformational’ work, ‘leads with heart and soul.’

In the first nine months of 2021, Indian edtech startups raised USD 3.3 billion compared to a total of USD 2.22 billion in 2020.

In this round of India Digest from November 19 to November 25, 2021, read our big story of the week, the weekly buzz, and more.

Purplle earns 70–80% of revenues from tier-2 and tier-3 consumers living in suburban areas and smaller cities.

Byju’s has acquired nine startups since the beginning of 2021.

With the recent financing, Dream Sports’ valuation has reached USD 8 billion, up from USD 5 billion in March 2021.

Tiger Global has created 17 unicorns this year so far by writing big checks along with other marquee investors.

Paytm’s weak market listing is expected to bring down the sky-high valuations of tech companies that are eyeing public markets.