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.

Earlier this month, Ola launched its two-wheeler EV Ola Scooter and ventured into the used car retailing space.

In this round of India Digest from August 20 to August 26, 2021, read our big story of the week, the weekly buzz, and more.

By 2025, India is expected to become a USD 100 billion addressable market for D2C brands.

More retail investors are expected to join and benefit from India’s IPO boom.