NewsSoftBank may invest up to USD 10 billion in Indian startups in 2022SoftBank has reportedly invested about USD 3 billion in India so far this year. 2 mins read
Zomato plans to deploy USD 1 billion over the next one to two years to build a hyperlocal e-commerce ecosystem. NewsZomato posts widened losses for Q3 2021, announces investments in Curefit, Shiprocket4 mins read
India’s online delivery of liquor will not be rosy if the nexus between politicians and liquor conglomerates continues. InsightsLiquor delivery apps are the latest online fad in India, but are on borrowed time5 mins read
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. NewsNykaa’s blockbuster market debut gives birth to India’s richest self-made woman billionaire3 mins read
Paytm plans to use the money raised from the IPO to onboard new consumers and merchants as well as for acquisitions and strategic partnerships. InsightsPaytm’s USD 2.47 billion IPO sees lackluster demand on day one4 mins read
Early and successful Indian serial entrepreneurs are giving back to the community through investments and supports. InsightsThe dawn of a founder-led startup ecosystem in India5 mins read
Paytm has raised almost half of the USD 2.4 billion it is looking to raise in next week’s IPO. NewsIndia’s Paytm raises USD 1.1 billion in the country’s largest anchor round2 mins read
India’s consumers are taking to the internet for affordable and personalized products in a post-COVID world. InsightsD2C beauty brands sprout in India as consumers look online for affordability and personalization3 mins read
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. NewslettersNykaa raises USD 715 million in India’s first D2C startup IPO| India Digest Volume 733 mins read
NewsDeals in brief: Accel invests in Vite+ maker VoidZero, Rolo Robotics and Videotto raise seed funding, Coolmate completes Series C round, and more