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.

Country attracts record number of funds as China’s investment appeal dims.

In this round of India Digest from November 12 to November 18, 2021, read our big story of the week, the weekly buzz, and more.

Paytm’s expensive valuation, lack of clarity on the path to profitability, and cutthroat competition are believed to be the key reasons behind its weak market debut.