The company plans to utilize the proceeds from the IPO to enhance awareness of its brands, expand its international businesses, and establish an offline presence.

In this round of India Digest from July 22 to July 28, 2021, read our big story of the week, the weekly buzz, and more.

The edtech company plans to use the funding to scale existing offerings under its exam prep vertical and build platforms for new verticals like job search, content creation, and upskilling.

Leher came into the limelight last year when it opened up its platform for users to create private groups, much like Clubhouse.

Oyo’s valuation had dropped to USD 8 billion in mid-2020 amid the COVID-19 pandemic, from USD 10 billion in November 2019.

CCI has been quite active in investigating internet companies that are allegedly exploiting their dominant position in the market.

With the growing pace of digitization, low-code, no-code platforms are allowing businesses and brands to quickly create and deploy new products.

The used car market in India is expected to reach 8.2 million units by FY 2025, which will make it twice as big as the new car segment.