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.

Originally a news broadcast app, Khabri has pivoted to become an audio-only edtech platform.

The online consumables market, which is currently worth USD 3.8 billion, is expected to reach over USD 30 billion by 2025.

The deal values the company at USD 2.88 billion and is part of the Series F round it kicked off in April when it raised USD 502 million from Tiger Global, Snap, and Twitter.

Indian startups raised a whopping USD 12.1 billion across 382 deals—exactly half the number of deals VCs participated in last year to invest USD 11.1 billion.