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.

In July 2020, Google invested USD 4.5 billion in Reliance’s digital arm Jio Platforms and entered into a partnership to jointly develop affordable smartphones.

BLinC Invest believes the growth in the Indian edtech sector is underpinned by increasing digitization, awareness, funding, and government policy support.

TataNeu’s launch has already been delayed several times since late 2020.