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.

In this round of India Digest from October 15 to October 21, 2021, read our big story of the week, the weekly buzz, and more.

Earlier this month, Rebel Foods raised a USD 175 million Series F round led by Qatar Investment Authority at a valuation of USD 1.4 billion.

Amid growing competition, an increasing number of Indian short video startups are tapping into the booming social commerce sector.

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.