After raising INR 53.52 billion (USD 721 million) in its IPO, Nykaa is charting out its next phase of growth, which includes setting up new retail stores in India and expanding internationally.

Paytm plans to use the money raised from the IPO to onboard new consumers and merchants as well as for acquisitions and strategic partnerships.

Early and successful Indian serial entrepreneurs are giving back to the community through investments and supports.

Paytm has raised almost half of the USD 2.4 billion it is looking to raise in next week’s IPO.

India’s consumers are taking to the internet for affordable and personalized products in a post-COVID world.

In this round of India Digest from October 22 to October 28, 2021, read our big story of the week, the weekly buzz, and more.

Totality Corp recently raised a USD 1.8 million seed round from Singapore’s Leo Capital and Silicon Valley’s Mayfield Fund.

Lifestyle retailer Nykaa will use the IPO proceeds to open more stores in India and venture into the Middle East and European markets.