Investcorp’s total assets under management in India are currently around USD 450–500 million. It plans to triple that to USD 1.5 billion in the next few years.

In 2019, Ola had said it would go public by March 2021. However, the pandemic has derailed its plans and it’s currently focusing on building its electric vehicle fleet.

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.