PhonePe processed 1.14 billion UPI transactions worth USD 32 billion in May.

With rising customer acquisition costs in core edtech segments like K-12, many startups have begun to chase overseas markets to drive growth.

The latest funding round has quadrupled the valuation of the seven-year-old Whatfix to USD 600 million.

The latest round, which reportedly values GoMechanic at USD 315–320 million, takes the total funding raised by the five-year-old startup to date to USD 55 million.

Delhivery recently raised USD 277 million in a Series H round led by Fidelity Management that valued the company at USD 3 billion.

US-China trade war radically changes smartphone market structure.

ByteDance has reduced its India team to 1,000 employees, but sources close to the company affirm that it is “very much staying put in the country with plans to make a comeback.”

The number of micro VC funds has increased to 88 in 2020 from a nimble 29 in 2014 in the world’s third-largest startup ecosystem.