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.

Indian fintech startups raised a whopping USD 4.6 billion in funding across 160 deals between January and August 2021.

Swiggy Bazaar will face tough competition from incumbents like SoftBank-backed Meesho, InMobi-owned Shop101, Korea Investment Partners-backed GlowRoad, and Tiger Global-backed DealShare.