Ola has been focusing on diversifying its product portfolio since demand for its core cab-hailing business was hit badly last year.

During the ongoing Indian festive season, local D2C brands are expecting a further surge in revenues.

Between January and July 2021, Middle Eastern investors wrote checks worth over USD 1.2 billion for Indian companies. 

Smaller cities—tier 2 and beyond—contributed to about 61% of all the online shoppers during the first leg of festive sales.

In this round of India Digest from October 8 to October 14, 2021, read our big story of the week, the weekly buzz, and more.

BLinC has invested nearly USD 40 million (INR 3 billion) in 25 startups across edtech and fintech over seven years.

Only 10% of the country’s middle-income families invest in the markets, speaking to a huge gap to be tapped for India’s stock trading apps.

CarDekho is sharpening its focus on the used car market as it aims to expand the catalog of pre-owned cars on its portal to 10,000 from the current 3,000 in the near future.