Byju’s may file documents for an IPO as early as the second quarter of next year, aiming for a valuation between USD 40–50 billion.

GradeUp is the eighth acquisition by Byju’s this year, and second in the exam prep space overall.

Delhivery is Addition’s second investment in the country, which comes a year after Fixel made his first bet in India on location-based social networking platform Public.

In this round of India Digest from August 27 to September 2, 2021, read our big story of the week, the weekly buzz, and more.

Ankur Capital has expanded its scope of investment to include biotech, fintech, mobility, and services involving local languages.

MapMyIndia is reportedly looking at a USD 164 million (INR 1.2 billion) IPO at a valuation of around USD 684–820 million (INR 50–60 billion).

REVOS is present across India, China, Vietnam, Nepal, and Egypt and is planning to enter Europe and other parts of Southeast Asia.

The handshake between the two payment gateway giants will make PayU one of the largest online payment providers locally and globally by total payment volume.