Taking a cue from the Thrasio-model, a bunch of local startups like 10Club, Upscalio, and Mensa, are buying digital brands to become the online version of P&G or Unilever in the country.

With the most recent funding, the three-year-old startup has now raised USD 183 million across three rounds.

At USD 1.5 billion, SaaS accounted for the second-highest quantum of investments after consumer tech in India last year.

The decade-old company has now diversified into a software-as-a-service company.

The process of buying insurance and claiming settlements can be a frustrating ordeal in India.

Local restaurants have accused Swiggy and Zomato of sky-high commissions, deep discounting practices, and withholding customer data, among other things.

Pine Labs is reportedly looking at an IPO in the US within the next 18 months.

About 990 investors pumped USD 10.15 billion in venture capital across 543 startup deals in H1 2021.